OnePlus Could Launch a Cryptocurrency Wallet, Suggest Survey

OnePlus may very well be the following huge title within the rising market of cryptocurrencies led by Bitcoin because the Chinese language firm is discovered to be conducting a survey on blockchain analysis. The survey is geared toward getting person suggestions on cryptocurrencies. The corporate is asking customers whether or not they have used buying and selling platforms reminiscent of Coinbase, Gemini, Robinhood, and Binance. It appears to be a touch at OnePlus venturing into the cryptocurrency platform/ pockets area. Bitcoin and different digital currencies reminiscent of Ethereum and Dogecoin have grow to be fairly common amongst younger smartphone customers, particularly due to the simple entry to cryptocurrency buying and selling apps. This might need led OnePlus to think about a local resolution for its customers to not less than retailer cryptocurrencies — if not make investments and commerce.

As initially reported by MySmartPrice, the survey titled OnePlus Blockchain Analysis suggests the corporate’s curiosity in constructing a product round cryptocurrency. Though the main focus of the survey from its title solely seems to be round understanding the blockchain know-how, a few of the questions accessible to its respondents trace on the growth of a brand new cryptocurrency platform that may very well be a pockets to avoid wasting digital property reminiscent of Bitcoin.

The survey asks customers about whether or not they spend money on cryptocurrencies and which platforms they use for the funding. It additionally features a query on understanding issues and inconvenience buyers have encountered when investing in or holding a cryptocurrency. Additional, the corporate is looking for data on whether or not the respondents have used any “software program scorching wallets” such because the Coinbase Pockets or MetaMask.

Devices 360 has reached out to OnePlus for a touch upon the matter and can replace this area when the corporate responds.

Cryptocurrency stays a really unstable funding. You’ll know you probably have been studying about or monitoring Bitcoin price in India. However nonetheless, corporations in tech seem to have plans to step into the cryptocurrency market.

OnePlus rival and one of many main smartphone distributors Samsung has been supporting Bitcoin and different common cryptocurrencies on its Galaxy smartphones for the reason that launch of the Galaxy S10 in February 2019. The South Korean firm gives its Blockchain Pockets to offer assist for the favored cash. It additionally recently updated the pockets with assist for third-party {hardware} wallets.

Just a few days again, Apple was additionally found to have interest in getting into the cryptocurrency world. The Cupertino-based firm posted a gap for a enterprise growth supervisor with expertise within the cryptocurrency business. It may very well be to natively begin supporting Bitcoin transactions by way of Apple units.

That mentioned, conventional buyers nonetheless do not desire investing a lot in cryptocurrencies, owing to their volatility and problems like the ripple effect, which implies the drop within the worth of 1 additionally impacts different cryptocurrencies.