Cryptocurrency Wallet Development Company

Create your crypto wallet and benefit

What is a cryptocurrency wallet?

A cryptocurrency wallet can be a physical device, software program or online service allowing holders to store private or public keys for managing crypto assets. Crypto wallets enable users to receive, send and store cryptocurrency.

Cryptocurrency wallet development services

Cryptocurrency wallet
development

Innowise renders end-to-end crypto wallet development services covering all the stages, from product ideation to solution maintenance. We build various crypto wallet applications, make the needed integrations, and apply designed solutions to the recent market trends.

Cryptocurrency wallet
support

Our software development company offers crypto wallet app support services. We support cryptocurrency wallets, conduct security audit procedures, fix software vulnerabilities, and add extra functional capabilities to ensure crypto wallets compliance with modern standards.

Strategy development and consulting

As a cryptocurrency wallet development company, Innowise shares an extensive expertise in blockchain and crypto with businesses of all sizes and start-ups to help them create crypto market entry strategy, develop detailed roadmaps, and hedge all possible risks.

Planning to build a crypto wallet app?

Opt for high-standard cryptocurrency wallet development services by Innowise.

Types of cryptocurrency wallets

Innowise develops cryptocurrency wallets of all types depending on a range of parameters, including kind of key storage, number of supported cryptocurrencies, method of storage, number of cryptocurrency wallet users, and more.

Centralized or custodial crypto wallets involve third parties to store, send, or receive the crypto assets. Third parties have access to private keys and act on behalf of the crypto wallet users to manage cryptocurrencies. Centralized wallets refer to ordinary bank account principles and are considered to be the most popular ones in the market.

With decentralized or non-custodial crypto wallets, only end-users have their private keys and they are the sole custodians of the crypto wallets and crypto assets. Bypassing third parties, individuals and businesses have total control over their crypto funds and can expect better crypto wallet security.

Innowise creates multi-currency wallet platforms supporting major cryptocurrencies, including BTC, ETH, LTC, XRP, and more. Such wallets are the convenient tools for swapping crypto assets within one software system.

Our company designs state-of-the-art crypto wallet applications for managing specific cryptocurrencies: Bitcoin wallets, Ethereum wallets, Lithium wallets, XRP wallets, etc. We ensure robust security and make needed integrations.

So-called hot crypto wallets may come in the form of mobile, web, and desktop solutions. Software wallets are directly connected to the Internet, so they are more suited for online crypto trading but may be vulnerable to malware attacks.

Also known as cold wallets, hardware crypto wallets use physical medium to store private or public keys. They are not connected to the Internet, that’s why cold wallets are considered to be more secure than hot ones.

Innowise positions itself as a participant in the process of changing and evolving the financial and digital reality. Therefore, we focus on creating blockchain solutions, including crypto wallets.

Andrew Nalichaev

Blockchain domain expert & DeFi analyst at Innowise

Crypto wallet security measures

When developing cryptocurrency wallet applications, we put special emphasis on ensuring final product cybersecurity to prevent breaches and sensitive data leaks. Our team of crypto wallet developers conduct a large number of effective cybersecurity measures to help our customers get reliable software and eliminate financial and reputation losses.

Data encryption

This is one of the most powerful measures to ensure software security. Data encryption helps to protect sensitive information, converting it into code on the basis of encryption standards and protocols.

User access control

Our team employs user access control measures, including setting up user roles, multi-factor authentication, data access rights, account takeover detection, biometric authentication, multi-signature support, and automatic logoff.

Regulatory compliance

We ensure the compliance of cryptocurrency wallet software with global and state regulations, including GDPR, CCSS, KYC/KYT/AML, FINRA, and other relevant regulations.

Fraud detection algorithms

We implement various fraud detection and prevention algorithms (Intrusion Detection System / Intrusion Prevention System, Data Leak Prevention) to ensure the crypto wallets can handle multiple attacks.

Penetration testing

Our team opts for penetration testing to identify weak and vulnerable to cyberattacks components of crypto wallet apps simulating malicious actions. Our approaches include Black-box, White-box and Grey-box testing.

Stress testing

To evaluate the stability of the cryptocurrency wallet and its components, we simulate the DOS (denial-of-service) and DDOS (distributed denial-of-service) attacks.

Planning to create a crypto wallet?

Let’s start the cooperation to build your most secure crypto wallet app.

White label crypto wallet development

Innowise partners with IT enterprises and innovative start-ups to develop and launch top-tier white label cryptocurrency wallet applications. Regardless of the type of crypto wallet solution, we ensure rapid ROI, top-notch functionality, and high performance.

Mobile cryptocurrency wallets

Innowise is an experienced iOS app development company that specializes in developing cross-platform and native Android and iOS mobile applications, empowering users to efficiently manage their crypto funds. Our dedicated team utilizes an extensive technology stack to create top-notch and user-friendly mobile solutions. Our expertise includes Kotlin, Flutter, React Native, Cordova, Xamarin, Swift, Objective-C, and more.

Web cryptocurrency wallets

Our company builds web-based cryptocurrency wallet applications of any architecture type. Web crypto wallets we develop stand out for their robust security, intuitive UI/UX, and fail-proof performance. Innowise has over 1000 IT talents with expertise in all major technologies: Java, Python, .NET, PHP, JavaScript, TypeScript, React, Angular, Go, and more.

Features of cryptocurrency wallets

Multi-currency
support

Innowise delivers top-tier crypto wallets supporting required multiple cryptocurrencies, including Bitcoin, Ethereum, Tether, XRP, and more. We can also create wallets to store and operate custom cryptocurrencies, ERC-20 tokens, and NFTs.

Crypto funds management

Cryptocurrency wallets we design ensure seamless crypto asset management. Our company enriches crypto wallets with advanced functionality allowing end-users to store, buy, sell, gift, and swap crypto. We implement automation features and integrate wallets with crypto exchanges.

Crypto transaction tracking

We develop crypto wallets with facilitated traceability and advanced transparency. They allow users to track crypto asset transactions in real-time, view transaction history, and set up push notifications on the crypto coins rates and failed/successful transactions.

Fast and convenient transactions

Our developers empower crypto wallets with diverse features that allow users to make payments and transactions in cryptocurrency rapidly and conveniently: QR-based transactions, configurable dashboards, in-app trading, automated payments, and more.

Cryptocurrency wallet development process

01 Requirement elicitation Our team gathers all functional requirements to estimate the project cost and scope of work.

02 Contract negotiation We discuss all the contract terms, setting the cooperation and pricing models, deadlines, and working processes.

03 Design and prototyping Our team creates a UI/UX design and defines the core functionality of the product.

04 Architecture building We build preliminary solution architecture to provide a comprehensive vision of software capabilities.

05 Iteration planning We define the objectives, tasks and deadlines for each iteration.

06 Requirements walkthrough Our team produces detailed requirements for specific project stages or product features.

07 Daily meetings We hold daily online meetings to monitor the stages of the software development life cycle.

08 Coding Engineers perform the process of writing software code.

09 Unit testing Developers test individual units of the source code for proper and efficient operation.

10 Quality assurance QA engineers test the product for security, bugs and verifying functionality.

11 Solution deployment DevOps engineers cover continuous integration, deployment and delivery processes.

12 Maintenance and support We ensure the stable and continuous operation of the developed software.

01 Requirement elicitation

Our team gathers all functional requirements to estimate the project cost and scope of work.

02 Contract negotiation

We discuss all the contract terms, setting the cooperation and pricing models, deadlines, and working processes.

03 Design and prototyping

Our team creates a UI/UX design and defines the core functionality of the product.

04 Architecture building

We build preliminary solution architecture to provide a comprehensive vision of software capabilities.

05 Iteration planning

We define the objectives, tasks and deadlines for each iteration.

06 Requirements walkthrough

Our team produces detailed requirements for specific project stages or product features.

07 Daily meetings

We hold daily online meetings to monitor the stages of the software development life cycle.

08 Coding

Engineers perform the process of writing software code.

09 Unit testing

Developers test individual units of the source code for proper and efficient operation.

10 Quality assurance

QA engineers test the product for security, bugs and verifying functionality.

11 Solution deployment

DevOps engineers cover continuous integration, deployment and delivery processes.

12 Maintenance and support

We ensure the stable and continuous operation of the developed software.

How much does it cost to build a crypto wallet?

Crypto wallet type

Feature set

Number of users

Integrations with third-party services

Storage capacity

Application performance needs

Infrastructure costs

Project duration

Team size

Crypto wallet type

Feature set

Number of users

Integrations with third-party services

Storage capacity

Application performance needs

Infrastructure costs

Project duration

Team size

Why choose Innowise for cryptocurrency wallet development?

17+

years in IT

1800+

IT talents onboard

1100+

projects delivered

200+

customers from 30+ countries

40+

domains

93%

recurring customers

As a cryptocurrency wallet development company, Innowise cooperates IT enterprises, businesses, and start-ups to design state-of-the-art blockchain and cryptocurrency solutions. We ensure robust security of crypto wallets we build, fast development, and flexible cooperation models:

Extensive expertise in blockchain
High team productivity
Client-oriented approach
Large pool of cryptocurrency wallet developers
Compliance with industry standards
Flexible pricing and cooperation models

Looking for a crypto wallet
development company?

Innowise is ready to take on your development challenges and help your project succeed.

FAQ

Are cryptocurrency wallets secure?

Crypto wallets are a frequent target for malware attacks, so they require a high level of cybersecurity. At Innowise, we conduct various security measures: data encryption, user access control, fraud detection algorithms, penetration testing, stress testing, and more.

What are different types of cryptocurrency wallets?

There are many types of crypto wallets depending on the type of key storage, method of storage, number of supported cryptocurrencies, and number of wallet users. Accordingly, these are centralized and non-centralized crypto wallets, software and hardware crypto wallets, coin-specific and multi-currency crypto wallets, single-signature and multi-signature crypto wallets.

How to build a crypto wallet?

To create high-quality crypto wallet applications, one needs a wide expertise in software development, rich experience in creating digital products, and deep knowledge of blockchain and cryptocurrencies.

How do you ensure the confidentiality of my project?

At Innowise, we pay special attention to confidentiality compliance. We adhere to all legal procedures adopted in the field of software development (i.e. NDA signing) and strictly stick to the internal safeguards, both software and administrative.

What is the difference between a hot wallet and cold wallet?

Hot crypto wallets are software wallets having the form of mobile, web, or desktop applications with direct Internet connection. And cold cryptocurrency wallets are hardware wallets, which are distinguished by the use of a hardware device to store private or public keys without direct Internet connection.

Contact us!

Book a call or fill out the form below and we’ll get back to you once we’ve processed your request.

What happens next?

Once we’ve received and processed your request, we’ll get back to you to detail your project needs and sign an NDA to ensure confidentiality.

After examining your wants, needs, and expectations, our team will devise a project proposal with the scope of work, team size, time, and cost estimates.

We’ll arrange a meeting with you to discuss the offer and nail down the details.

Finally, we’ll sign a contract and start working on your project right away.

Cryptocurrency wallet
development company

What is a cryptocurrency wallet?