Perpetual Protocol 🥨

Posted on Mar 31, 2023Read on Mirror.xyz

The Top 6 Mobile Wallets for Trading on Perp

Mobile wallets provide a convenient way to trade cryptocurrencies, no matter where you are or what you’re doing. Having access to the markets through your mobile device means you can capitalize on opportunities while you’re on the move.

There are many mobile wallets that enable you to trade crypto whenever and wherever you want. But with so many different options, you may now know where to start. That’s why we’ve compiled this list of the top 6 mobile wallets for trading on Perp.

Read on to discover which are the best apps to use for trading without having to sit in front of your laptop!

1. MetaMask

MetaMask is one of the most popular and recognisable wallets. But compared to some of the other options in our list, MetaMask is quite basic in functionality.

While you can set a custom RPC, the downsides are that it has no in-app browser (so you have to use your mobile’s browser app instead) and there are no unique security or utility features.

2. Coinbase Wallet

Coinbase Wallet is a slick mobile application where you can HODL crypto and NFTs, as well as access DeFi applications like Perp. You can use the wallet’s built-in browser to trade on Perp and there’s also a bookmark feature so you can pin your favorite DApps.

Also, if you already have a Coinbase account, then you can link it with the wallet to easily purchase crypto. Another feature of interest is the ability to set a passcode for opening the app and making transactions. Although Coinbase Wallet is non-custodial, the downside is that it is not open source like some of the other options in this list.

To trade on Perp, open the wallet, go to Browser, and type ‘app.perp.com’. Use the menu of the top right-hand corner to add a bookmark to the page so you can easily access the DApp in future.

3. TokenPocket

TokenPocket is an open source mobile wallet powered by the WalletConnect protocol. Similar to Coinbase Wallet, TokenPocket also offers an in-app browser that you can use to interact with a variety of DeFi protocols.

Some other useful features that can be found on TokenPocket include:

  • Detailed charts and metrics for different tokens (including buy/sell orders in real time, trading charts, hot assets, top gainers/losers and so on).

  • The ability to set a custom RPC.

  • A gesture password for additional security.

  • Sub-account and multi-signature wallet support.

The steps to start trading on Perp are similar to those for Coinbase Wallet. Open the wallet, go to ‘Discover’ and enter ‘app.perp.com’ in the search bar at the top.

4. imToken

As another popular mobile wallet with millions of downloads, imToken is another great choice to trade crypto on the go! Like Coinbase and TokenPocket, the imToken wallet has an in-app browser which you can use to access Perp. But there’s currently no option to bookmark your favorite Dapps.

One of imToken’s advantages as a cryptocurrency wallet is that there’s also support for a variety of blockchains other than Ethereum, such as Bitcoin, Cosmos and Litecoin. You can also make purchases within the app via MoonPay, swap tokens on Ethereum mainnet and create watchlists to monitor your favorite assets.

Some other interesting aspects of this mobile wallet are:

  • The Dapp privacy mode, which when enabled, activates a one-time allowance step for DApps to read information from your wallet for the first time.

  • Support for zkSync Era.

  • A variety of security features: you can secure your funds using tools such as touch ID, a gesture password and integration with the imKey hardware wallet.

To start trading on Perp with imToken, switch the network to Optimism, click on Dapps and select Perpetual Protocol.

5. BitKeep

BitKeep is an open source wallet that’s powered by the WalletConnect protocol and allows you to buy cryptocurrencies within the app through payment rails such as AlchemyPay, MoonPay, and Simplex. The wallet also supports a wide range of different networks, including Aptos, Optimism, Starknet, Sui, and zkSync Era.

The BitKeep Academy is directly accessible from the wallet making it a great experience for beginners. The Academy can be accessed to learn more about DeFi protocols, different chains, how to use the wallet’s features, safety tips and more.

Some of the security features offered by the app worth highlighting include:

  • A fingerprint payment option.

  • Find audit reports and examine the app’s open source code.

  • Private keys and secret seed phrases are stored securely by combining multiple encryption algorithms.

  • A collection of scam case studies so users can avoid losing their coins and remain safe.

To start trading on Perp using the BitKeep wallet, go to ‘DApp’, enter ‘Perpetual Protocol’ in the search bar.

Don’t forget to favorite Perpetual Protocol in the wallet so you can easily access it whenever you want to trade.

6. Wallet3

Created by ChainBow, Wallet3 is an open source mobile wallet that makes it easy to trade on Perp.

The ability to manage multiple addresses is one of the standout features, where you can seamlessly switch between different accounts (useful for trading with isolated margin on Perp). There’s also a bookmark feature so you can save your favorite DApps and a swap feature powered by 1inch so you can trade tokens within the wallet.

To start trading on Perp, you can go to ‘Web3’ and then enter ‘app.perp.com’.

Another benefit of Wallet3 is that you can stake vePERP using the app’s browser to earn USDC and vePERP rewards from Lazy River 2.0.

And that concludes our list of the top 6 mobile wallets for trading on Perp. To end this article, here’s an important tip to keep in mind. Always backup your private key and secret seed phrases for any mobile wallet you use just in case you break or lose your device broken or lost, so that you can always regain access to your funds.

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