Wallet
Wallet Overveiw
This guide will walk you through what you can do on the wallet Page.
The Need for a Wallet
A cryptocurrency wallet is essential for anyone engaging with digital assets, offering:
- Self-Custody & Security
- Full control over private keys, eliminating reliance on third-party custodians.
- Borderless Transactions
- Instant global transfers without intermediaries or banking delays.
- Access to Decentralized Finance (DeFi)
- Earn yield, stake assets, and interact with blockchain applications.
- Enhanced Privacy
- Conduct transactions without unnecessary personal data exposure.
Why Shiga Wallet Stands Out
1. Regulatory Compliance & Security
- Non-custodial architecture (users retain full asset control).
- Licensed Virtual Asset Service Provider (VASP) in the EU, ensuring adherence to financial regulations.
2. Seamless Fiat-to-Crypto Integration
- Instant conversions between stablecoins (USDT/USDC) and fiat (USD, EUR, etc.), reducing reliance on external exchanges.
3. Multi-Chain Support
- Unified access to Ethereum, Solana, and other leading blockchain networks—no need for multiple wallets.
4. Business-Optimized Features
- Shared wallets for team-based asset management.
- Tax and reporting tools for streamlined compliance.
- Pan-African liquidity support, facilitating cross-border trade.
5. Cost Efficiency
- Optimized gas fees and transaction routing to minimize costs (as shown by the “Gas Fee Saved” metric).
What you can see
- Total Wallet Balance: This shows your total balance across all wallets (e.g., $50.00).
- Your Shiga Wallet: Displays your balances for assets such as USDT.
- Supported Networks: The list of supported tokens (USDT), EVM and solana networks.
- EVM Wallet Balance: Your balance on Ethereum Virtual Machine (EVM) networks (e.g., $50.00).
- Solana Wallet Balance: Another wallet balance (e.g., $2000.00).
- Wallet Address: Your unique address for receiving crypto (e.g., 0421P2E5086…6Fc583BF6499dE).
- Gas Fee Saved: Shows how much you’ve saved on gas fees (e.g., $12.08340).
What’s a Gas Fee?
- Gas Fee: A small fee paid to process transactions on the blockchain. Think of it as the “fuel” that keeps the crypto world running!
- Sending stablecoins on Shiga is very cheap compared to the Centralised and Decentralised exchanges.
Sending Stablecoins
Receiving Stablecoins
Wallet Transactions
- Wallet Transactions: Click any network to view the transactions on that network.
Always double-check the wallet address before sending or receiving crypto. One wrong character, and your funds could be lost forever!