As of 13/08/2021
Unstoppable domains has announced that users of Cake Wallet can now use its .crypto domains for transaction of cryptocurrency. With this new feature, sending cryptocurrency has become as simple as sending an email!
Usually the transaction of cryptocurrency includes entering a long alphanumeric address such as ‘156i6HJfMWb1h2BEsKpfvZ2tQugqo4vs2w’. However, since the arrival of the new feature, you can send the money by simply sending it to [Name].crypto.
Unstoppable domains is a domain name provider that has been working towards creating a ‘truly’ decentralized atmosphere. The domain names like the above mentioned [Name].crypto are minted into NFTs on the Ethereum blockchain, and are hence truly decentralized. Just a week ago, Unstoppable Domains had announced a similar team up with Circle with the address [Name].coin being used.
Cake Wallet is a currency exchange platform that started with Monero(XMR). Now, the platform also supports Bitcoin(BTC) and Litecoin(LTC). The major step is really going to be a level up for Cake Wallet users.