Unity Wallet is a self-custodial cryptocurrency wallet and Web3 gateway that securely and intuitively lets users buy, sell, store, and swap digital assets. It provides easy access to decentralized finance (DeFi) and staking features across five blockchains. Available for iOS and Android, it features industry-leading encryption, a 24-word recovery phrase, an intuitive design, and a generous rewards program.
Unity Wallet was founded in 2018 and has generated over one million crypto wallets across 100+ countries. It emphasizes security and usability, ensuring users retain full control of their private keys and digital assets. So, whether you are a beginner or an experienced trader, Unity Wallet provides the tools you need to help you easily manage and grow your crypto portfolio.
Pros and cons
Pros
- Multi-chain support: Manages assets across many blockchains, allowing for a truly diversified portfolio and near limitless trading options.
- User-friendly interface: Designed to be intuitive and easy to navigate, catering to both beginners and experienced users.
- Non-custodial: Users retain full control over their private keys and wallets at all times. Remember: Not your keys, not your crypto.
- Built-in swaps & staking: Enables users to swap assets across hundreds of trading pairs, and participate in staking directly from within the wallet.
- Robust security features: Employs industry-leading encryption and a comprehensive security center which offers multiple lock methods (including biometrics), ability to hide balances, security alerts, and a 24-word recovery phrase.
- Loyalty program: Offers a rewards system allowing users to earn redeemable points through actions and engagement within the app to unlock premium features such as reduced transaction costs and additional functionality.
- DeFi Earn: Place your idle USDT into AAVE liquidity pools across six blockchains to earn passive yield.
- Easy Send: Now you can send USDT & USDC effortlessly across ten blockchains without needing to hold native tokens to cover gas fees.
Cons
- Limited customer support: While real-time assistance isn't standard with decentralized applications, users can unlock 24/7 dedicated support through the loyalty program when they achieve Gold status. All users can access comprehensive FAQs, email assistance, and X messaging, though response times vary. For urgent transaction needs, third-party in-app partners often provide immediate in-app support, ensuring help is available when it matters most.
How to install Unity Wallet
Installing Unity Wallet is a simple process that begins with downloading the app from either the official website (https://www.unitywallet.com/), Google Play, or the Apple App Store. Once the download is complete, you can install it by following the simple onboarding instructions. After launching the wallet, you can either create a new wallet or import an existing one using your recovery phrase.
During setup, it is crucial to securely store the seed phrase in a safe location offline, as this is the only way to recover access to the wallet if needed. Once the setup is complete, you can start managing your assets, adding funds, and using various features such as buy/sell, send, receive, swaps, and staking, etc.
Key features of Unity Wallet
Unparalleled security
With Unity Wallet, you can have peace of mind as it prioritizes security. This wallet integrates industry-leading safety measures including a 24-word recovery phrase, and ensures users maintain full control over their digital assets. As a self-custodial wallet, it does not store or access your private keys, reinforcing the principle of "your keys, your crypto." The wallet also incorporates multi-factor authentication (MFA), including PIN-password protection, and biometric verification, adding extra layers of defense against unauthorized access. Additionally, it follows a zero-knowledge approach, meaning private keys are stored locally on the user’s device, ensuring complete privacy and data security.
Seamless swaps
Unity Wallet offers a seamless and efficient swapping experience, enabling users to easily exchange hundreds of digital assets across multiple blockchains. It supports a wide range of trading pairs, including major cryptocurrencies like BTC, ETH, BNB, and SOL, as well as stablecoins and trending tokens. To ensure flexibility, new tokens and blockchains are continuously added. Unity Wallet aggregates the most competitive rates by partnering with leading swap providers, helping users get the best value for their trades.
The wallet simplifies the exchange process, eliminating unnecessary technical complexities and multiple withdrawal fees. Depending on the asset type, you can choose between centralized (CEX) and decentralized (DEX) exchange options, providing the best solution for different trading needs. Additionally, advanced swap requests are distributed across multiple DEXs to minimize slippage, ensuring you receive the most favorable final price.
Buy & sell crypto with fiat
Unity Wallet simplifies buying and selling crypto through integrated on-ramp and off-ramp services. You can instantly purchase digital assets or securely cash out directly from your wallet using various payment methods, including Apple Pay, Google Pay, debit cards, and credit cards.
Since the platform aggregates rates from multiple trusted providers, you can compare and secure the best deals across many cryptocurrencies. You can buy over 250 popular tokens with fiat on major blockchain networks in over 150 countries.
Staking opportunities
Unity Wallet offers a staking feature that allows users to earn generous rewards while contributing to blockchain security. The wallet supports staking on Solana (SOL), Near (NEAR), Atom (Cosmos), Oasis Network (ROSE), and Velas Native (VLX) and offers the chance to earn passive yields ranging from 3% - 15% depending on your chosen asset.
Sub-accounts
Unity Wallet offers an advanced Sub-accounts feature, enabling users to manage multiple wallets with enhanced organization and control within a single interface. This functionality allows you to effortlessly send, store, and receive cryptocurrencies while labeling and categorizing accounts for various purposes, such as investing, savings, and business activities.
Know your transaction (KYT)
Unity Wallet enhances security with its Know Your Transaction (KYT) verification system, an advanced risk assessment tool available for Silver and Gold tier members that protects users from fraudulent or high-risk operations. This feature allows users to pre-checks and assess potential risks before confirming a transaction.
The process is simple. You can copy, paste, or scan any wallet address to receive a complete risk analysis along with a detailed PDF report. The KYT feature helps avoid interacting with questionable assets and is, in our opinion, a big plus of this wallet.
Compatibility with WalletConnect
Unity Wallet provides a complete Web3 experience through its seamless WalletConnect integration, allowing users to interact with DeFi and thousands of dApps easily. You must scan a QR code to securely connect your wallet to various platforms, maintaining full control over your connections with the ability to approve or terminate them at any time. With access to over 4,000 dApps, you can engage in swapping, farming, lending, borrowing, mining, and gaming across multiple DeFi protocols.
A vibrant community
Unity Wallet is the only wallet with a built-in social communitywhere users can connect, learn, and collaborate. Whether new to crypto or an experienced trader, you can build a personalized profile to share insights and post-market updates and engage with others through polls, charts, and analytics. Isn’t it cool? Moreover, a built-in news feature ensures access to verified crypto updates from reputable sources, eliminating the need to switch between multiple apps.
Loyalty program
Unity Wallet features an exciting loyalty program that rewards users for their engagement and operations within the app. You can earn cashback on transfers by performing swaps and purchases, saving up to 50% on fees when buying or selling cryptocurrencies. You can also accumulate points through various interactions like just opening the app, which can be redeemed for exclusive benefits and rewards. Users can progress through different account tiers (Bronze, Silver, and Gold), unlocking additional perks such as extra sub-accounts and KYT checks. This loyalty program is a convenient addition with no limits on earning potential.
User reviews & app ratings
Unity Wallet has garnered positive feedback from users on major app platforms. On the Apple App Store, it holds a rating of 4.5 out of 5 stars based on 258 reviews. On the Google Play Store, it maintains a rating of 4.4 out of 5 stars based on 828 reviews.
Users have praised Unity Wallet for its intuitive interface, robust security measures, and seamless integration of various cryptocurrency services. The wallet's support for over 250 cryptocurrencies, including Bitcoin, Ethereum, and Solana, allows for diversified portfolio management. Additionally, features like built-in swaps, staking opportunities, and a loyalty program that rewards user engagement have been highlighted positively.
However, some users have pointed out areas for improvement, such as the desire for more customization options within the app and enhanced customer support channels. Despite these suggestions, the overall consensus indicates that Unity Wallet provides a secure and versatile platform for managing digital assets.
Our verdict: Who should use Unity Wallet?
Unity Wallet is an excellent choice for multi-chain users, DeFi enthusiasts, and those who prioritize security. It is perfect for beginners due to its user-friendly interface while offering enough features for experienced crypto holders. We did not find any drawbacks worth mentioning regarding functionality and standard features. However, customer support was limited to FAQs and community forums. Although this support is often enough, the wallet could benefit from a live support option like a chat on its website.