HTC Debuts Smartphone In-Wallet ERC-20 Token Swaps
An HTC executive confirmed the company’s desire to promote crypto-to-crypto trading without the need for a third party.
Consumer electronics giant High Tech Computer (HTC) is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone, according to a press release shared with Cointelegraph on May 14.
The feature comes as a result of a partnership with Kyber Network, a dedicated platform for cross-token trading solutions.
Swaps involve a selection of Ethereum (ETH)-based ERC-20 tokens, including basic attention token (BAT), kyber network (KNC) and dai (DAI), and removes the need to send tokens to intermediaries such as exchanges.
As Cointelegraph reported, HTC intends to make its blockchain-enabled smartphone accessible to entry-level users. The more affordable model of the Exodus 1, dubbed the Exodus 1S, will also have the option of running a Bitcoin (BTC) network full node.
On Tuesday, local English-language media outlet Business Korea further reported wallets could find their way onto other Samsung smartphones targeting lower-income users.