Torus Wallet Review: Reliable Account Recovery

Torus Wallet Review: Reliable Account Recovery

About Torus Wallet

Torus Wallet US is a crypto wallet that enables one-click login for Web 3.0 applications like cryptocurrency decentralized exchanges and NFT platforms. It is the mainstream gateway for users to access decentralized ecosystems via their personal and social media accounts such as Google, Facebook, Discord, and more. Based in Singapore, Torus is among the first batch of projects released by Binance Labs.

Torus Wallet public key name resolver allows you to send tokens directly to any Google, Discord, or Reddit account, even if they have never logged into Torus before. Buy cryptocurrencies with credit cards and wire transfers from our partnered providers with global support at the best rates. No registrations, downloads or installations needed to use our web native wallet with your DApp.

Torus Wallet Points Table

BasicPoint
Wallet NameTorus
Available PlatformiOS and Google Play
Wallet TypeOnline Mobile Wallet
AnonymityHigh
Easy To UseVery Easy
Currency SupportedN/A
Buy/Sell FacilityAvailable
Pin Code ProtectedYes
Frequency Of UpdateOnce In A Month
PriceFree
Trust Score8/10
Address8A Jalan Klapa, Singapore 199320
Official LinkClick Here

How To Install & Send/Receive Coin

How To Download Wallet

Download Wallet From App Store Of Your Choice . The Wallet Available For Android & IOS Device .

How To Setup Torus Wallet

It Is Very Easy To Setup . Click On Start Button . After Brief Information  You’ll Be Prompted To Create A Custom PIN Code .After That You Will Get Paper Key Fill It And Save This Key On Safe Place . You Are Done .

How To Send Coin From Torus Wallet

Click On Coin Icon Which You Want To Send . Than You Redirect To Transfer Page . Just Fill Receiver Address & Fill Amount Which You Want To Send . And Click On Confirm Button . You Are Done .

How To Receive Coin In Torus Wallet

Click On Coin Icon Which You Want To Receive , Than Click On Receive Button , You Will See Your Coin Address Copy It And Share With Payer That It

What Are the Main Features of Torus Wallet?

  • Seamless OAuth Login: Users can get started with just their Gmail account. That means we can bypass all the blockchain jargon and make a much simpler experience.
  • Reliable Account Recovery: No more complicated seed phrases. Torus inherits traditional account recovery systems that allow users to recover their account via email/social login. 
  • Access to millions of users: Because Torus leverages on web2 authentication systems, the app can have access to the billions of accounts that already exist on social networks today.
  • Secure, simple & non-custodial: Built and designed to be trustless, users’ identities are not controlled by any central authority.

Culture

Impact-focused

Driven by value, they constantly strive to achieve more through what they do.

Execution-driven

Lead with solutions, they take on challenges with resilience and turn them into opportunities.

Flexible

Strong opinions loosely held, they believe ideas and solutions improve over iterations.

Accessibility for all

Remove technical barriers and reduce the learning curve for digital ownership and identity for all users.

Empower digital businesses and individuals

Provide simple and secure access to digital assets and identity across multiple platforms and applications

Human-centric with simplicity and familiarity at its core

A user-friendly and non-custodial approach to managing assets and identity.

How Torus Works

Existing private key management solutions have come a long way in terms of user experience. However, many of these solutions make tradeoffs with reduced guarantees on custody and censorship-resistance. For example, password-manager key management solutions can restrict user access by refusing to return the encrypted key from their servers. Which then ultimately derives down to resorting to the usual approach of protecting private keys via redundant backups.

Torus Key Infrastructure(TKI) leverages on variations of threshold key management to achieve a great user experience without sacrificing secuirty, while retaining end-user autonomy and control over the private key.

TKI manages private keys using the user’s device, private input, and/or OAuth authentication methods (i.e. Google, Passwordless, Reddit) via Torus nodes. As long as a user has access to 2 out of 3 (2/3) of these shares, they will be able to retrieve their private key.

In this documentation we further describe the architecture of TKI and detail several core user flows for onboarding, key recovery, and device management.

Bringing DApps to the Mainstream

OAuth Logins

One click logins that users love. Log into DApps with Google, Facebook, Reddit, Discord, and Twitch.

Transact with your Email and Social IDs

Torus Wallet public key name resolver allows you to send tokens directly to any Google, Discord, or Reddit account, even if they have never logged into Torus before.

Purchase Cryptocurrencies without leaving your DApp

Buy cryptocurrencies with credit cards and wire transfers from our partnered providers with global support at the best rates.

Compatible across all Browsers and Platforms

No registrations, downloads or installations needed to use our web native wallet with your DApp.