In a groundbreaking move, Calaxy has unveiled a revolutionary feature in its Calaxy Messenger: enabling users to send their cryptocurrencies and NFT collectibles utilizing text messages. This new development makes transferring digital assets as simple as texting your friends.

It is worth noting that most people had found the crypto world intriguing but intimidating until recently. It was exhausting to have public wallet addresses, buy native network tokens for transaction fees, and match both parties’ wallets. Such practice often made users feel overpowered and disconnected from what should have been positive and revolutionary technology.

The recent update of Calaxy is set to alter such a narrative by introducing an easy mode for crypto transactions. Calaxy chat will enable sending of Hedera-based crypto and NFT collectibles directly. The process is straightforward: in the case of a direct message conversation, the users pick their preferred NFT or enter the crypto amount they would like to transfer and click on send. The speediness of the Hedera network completes the transaction within a few seconds.

Currently, Calaxy v1.0 offers support for HBAR, USDC, and Hedera NFTS. The system aims to facilitate more than twenty famous networks, such as for instance, Bitcoin and Ethereum. Calaxy’s web page includes a lot of details concerning these expansions.

The removal of network fees for some transactions is one of the significant parts of this update. Calaxy has acknowledged that paying gas fees for straightforward transactions may act as a discouragement towards enjoying oneself in the crypto world. Hence, they have waived fees for networks featuring minimal transfer charges. This applies to blockchains like Flow, Hedera, and Polygon, with almost negligible transfer fees.

The introduction of this innovation by Calaxy encompasses more than a new feature but a transformation in our dealings with digital currencies and assets. By lowering entry barriers and creating a user-friendly environment, Calaxy is democratizing the crypto globe for more people globally. Far-reaching effects like those could be experienced by individual users beyond the incorporation and acceptance of crypto and NFTs in regular exchanges and transactions.

Thus, Calagy’s move to introduce text-based crypto and NFT transfers into the messenger app has been a big step for the sector. Calaxy simplifies transactions, making them faster while also eliminating technological obstacles. This could be a key aspect in shaping a new age that makes crypto and NFT accessible to ordinary consumers.

Read the full article here

Share.

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision