- This feature will be available to Samsung users in the US, Canada, South Korea, UK and Germany, among other countries.
- In 2019, Samsung had released Blockchain Keystore and effectively turned their phones into a cryptocurrency hardware wallet.
Samsung, the world’s largest smartphone vendors, has officially confirmed that its new line of smartphones will be offering support for cryptocurrencies, including Bitcoin and Ethereum. Describing the features of the upcoming Galaxy S20, Samsung stated that the new generation will include the firm’s proprietary app, which allows users to store private keys for BTC, ETH and Ethereum-based ERC20 tokens.
We created a secure processor dedicated to protecting your PIN, password, pattern and Blockchain Private Key. Combined with the Knox platform, security is infused into every part of your phone, from hardware to software. So private data stays private.
In 2019, Samsung had released Blockchain Keystore and effectively turned their phones into a cryptocurrency hardware wallet. The electronics giant also unveiled a software development kit (SDK) to let engineers create apps that can connect to Keystore and sign transactions.
According to Statista data, Samsung sold 78.2 million smartphones across the world in the third quarter of 2019. The crypto app is presently available to Samsung users in the US, Finland, Iceland, South Korea, Canada, UK, Sweden, Germany, Portugal, Austria, Norway, Spain, Switzerland and Denmark.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks

Solana plunges as ETF speculators bet billions on XRP and DOGE
Solana (SOL) price tumbles as low as $180 on Monday, down over 9% in three consecutive days of losses. Bearish dominance in the SOL derivatives markets suggests the downtrend could extend in the week ahead.

Shiba Inu Price Analysis: SHIB whale demand declines 88% amid two-week consolidation phase
Shiba Inu (SHIB) price opened trading around the $0.000016 mark on Monday, having consolidated within a 5% tight range over the last two weeks.

Solana-based meme coin LIBRA controversy heats up, Argentina President hit by lawsuit
Argentina’s President Javier Milei faces charges of fraud for the promotion of LIBRA meme coin on the Solana blockchain. An on-chain intelligence tracker links LIBRA meme coin to MELANIA and claims that the creator extracted $100 million from the former.

Bitcoin Price Forecast: BTC stalemate soon coming to an end
Bitcoin price has been consolidating between $94,000 and $100,000 for almost two weeks. US Bitcoin spot ETF data recorded a total net outflow of $580.2 million last week.

Bitcoin: BTC consolidates before a big move
Bitcoin price has been consolidating between $94,000 and $100,000 for the last ten days. US Bitcoin spot ETF data recorded a total net outflow of $650.80 million until Thursday.

The Best Brokers of the Year
SPONSORED Explore top-quality choices worldwide and locally. Compare key features like spreads, leverage, and platforms. Find the right broker for your needs, whether trading CFDs, Forex pairs like EUR/USD, or commodities like Gold.