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Blockchain

Ambire Wallet Releases First Network Fee Prepay Mechanism

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Sofia, Bulgaria–(Newsfile Corp. – July 22, 2022) –

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To make the most of the Ambire Gas Tank, users can pay network fees in stablecoins like USDT/USDC/DAI etc., as this is how the savings are most notable. If also combined with the batching transactions feature native to Ambire Wallet (grouping multiple operations together in one transaction), the feature will save hundreds of dollars of gas fees to avid Web3 users.

The Gas Tank uses the technology of Meta Transactions, which are transactions signed by one user but relayed (and thus paid for) by another. The transaction itself cannot be changed by the relayer. The Gas Tank supports many different tokens on multiple networks. When a user makes a deposit, they are thus prepaying the network fees they will eventually generate, with the relayer providing the actual ETH or other gas tokens for the transactions. Thus, the users will save on unnecessary gas fees for swapping and earn cashback from Ambire.

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About Ambire

The Ambire multi-currency crypto wallet simplifies the process of buying, investing and managing digital assets. Designed to provide exposure to the best defi earning opportunities, the privacy-preserving wallet application allows users to diversify their portfolio while saving money on gas fees. The core Ambire team has been operating in the crypto sector since 2016 and has also pioneered a blockchain-powered decentralized marketplace for advertising as well as a staking portal.

Learn more at www.ambire.com.

Contact:
Ivan Manchev
Communications Manager
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131656

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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