Frequently asked questions

Question 1

What is Nova Wallet?

Accepted Answer

Nova Wallet is categorized as a software wallet / hot wallet designed for the Polkadot ecosystems. Nova Wallet supports features like staking, nfts, and web interaction through WalletConnect. Nova Wallet features a streamlined mobile app interface for iOS and Android.

Question 2

Is Nova Wallet safe & legit?

Accepted Answer

Nova Wallet is non custodial and open source. Nova Wallet has not experienced known hacks, exploits, or scandals. Security relies on industry-standard measures including recovery phrases and hardware wallet integrations for additional protection.

Question 3

Who created Nova Wallet?

Accepted Answer

Nova Wallet was created and launched by Novasama Technologies.

Question 4

Where is Nova Wallet's company based?

Accepted Answer

Novasama Technologies the company behind Nova Wallet is headquartered in Singapore.

Question 5

How does Nova Wallet work?

Accepted Answer

Nova Wallet operates through a mobile application available for iOS and Android. Users download the Nova Wallet app, create or import wallets, and manage assets directly on their devices. Nova Wallet connects to blockchain networks through mobile internet or Wi-Fi, supporting WalletConnect for DApps and Ledger hardware wallets for enhanced security. Nova Wallet provides staking, governance voting, cross-chain transfers, and token swaps.

Question 6

When was Nova Wallet launched?

Accepted Answer

Nova Wallet was released October 11, 2021.

Nova Wallet

Tags

Web3

Form

Storage

Platform

Software

Custody

Source

Security

Connectivity

Recovery

Features

Strengths

Weaknesses