OWNR Wallet was founded in 2018 by a group of IT professionals with extensive experience in the fields of cybersecurity, fintech, cryptocurrencies and marketing. From the very beginning, the company's goal was to create a reliable and multifunctional cryptocurrency management solution that would be available to users around the world.

Legally, OWNR Wallet is registered in Estonia under the name OWNR WALLET OÜ. The company has a license to provide virtual currency exchange services and crypto wallet services, the number of which is FVT000406. This indicates the high standards of security and reliability that OWNR Wallet meets, since obtaining such a license requires compliance with strict regulatory requirements.

Internationally, OWNR Wallet is actively expanding its presence. The company has divisions in the USA, Great Britain, Canada, the Czech Republic, Hong Kong and Australia. The American division is registered as OWNR WALLET LLC, and the Canadian division is registered as OWNR WALLET CRYPTO LTD. Both of these structures are also licensed organizations, which underlines their legitimacy and the trust of regulators in these countries. The company's Australian division was the last to receive its license, thus completing the company's strategic expansion into key markets.

The OWNR Wallet ecosystem is a comprehensive solution for working with cryptocurrencies. It includes a multifunctional crypto wallet available on various platforms, which provides users with the ability to manage their crypto assets on both mobile devices and computers. In addition, the ecosystem includes an exchange that facilitates cryptocurrency transactions, a payment gateway for integration with other payment systems, as well as API functionality. The latter allows developers to integrate the capabilities of OWNR Wallet into their own applications and services, which opens up additional opportunities for using cryptocurrencies.

According to a press release dated July 13, 2021, OWNR Wallet provides an opportunity for users from 216 countries to purchase cryptocurrency directly through a wallet. This greatly simplifies the process of buying cryptocurrencies for the global community and makes OWNR Wallet one of the most affordable solutions on the market. Users can easily purchase and manage various cryptocurrencies, which makes OWNR Wallet a convenient and versatile tool for anyone interested in digital assets.

Thus, OWNR Wallet combines a high level of security, wide functionality and global accessibility, offering its users a comprehensive solution for all their needs related to cryptocurrencies.

Functionality and technical capabilities

OWNR Wallet is a multifunctional HD wallet designed to accelerate the adoption of cryptocurrencies around the world. This wallet provides users with the ability to easily buy cryptocurrencies with fiat money, as well as sell cryptocurrencies with payments in US dollars, euros and pounds sterling. OWNR Wallet supports major payment systems such as Visa, Mastercard and UnionPay, which makes it convenient for a wide audience.

The intuitive features of OWNR Wallet make it attractive to various segments of users in the field of digital assets. It is convenient for both beginners and professional traders, developers and corporate clients. The main features of OWNR Wallet include:

Prepaid Visa Card: OWNR Wallet users can top up a prepaid Visa card online using various cryptocurrencies, including BTC and ETH. This card provides a convenient way to exchange cryptocurrencies for euros with just one click. With this card, users can withdraw fiat money from ATMs around the world, which makes it a useful tool for everyday use and travel.

Account recovery via a seed phrase: OWNR Wallet supports account recovery using a seed phrase, which is an important function to ensure the safety and security of funds. A seed phrase can consist of 12, 15, 18, 21 or 24 words, and is supported in 8 different languages. This provides users with the ability to restore access to their wallet in case of loss of the device or other unforeseen situations. Despite the presence of this feature, OWNR Wallet remains non-custodial, which means that users retain full control over their seed phrases and funds.

Creating new addresses: OWNR Wallet allows users to generate up to 20 new addresses for BTC and other cryptocurrencies without having to wait for confirmation of current transactions. This is especially useful for those who actively use cryptocurrencies and need a large number of addresses for various purposes, such as receiving payments or distributing funds.

SegWit address support: The wallet supports SegWit (Segregated Witness) addresses, which allows you to speed up transactions and reduce fees. SegWit improves network scalability and operational efficiency, making it an important tool for users seeking to optimize their transactions.

Additional functions: OWNR Wallet offers a number of additional features that make it a convenient and functional tool for users. Among them is a widget for monitoring cryptocurrency prices, which allows you to track changes in the value of assets in real time. There is also a balance update notification feature that informs users when funds are received or debited. The asset discovery feature after wallet recovery helps users to easily find their assets after account recovery.

Crypto card and withdrawal to the card: OWNR Wallet users can order a crypto card through the app. This card allows you to withdraw cryptocurrency to a prepaid Visa card, which ensures the convenience of using funds in fiat form. The company also plans to introduce functionality that will allow you to sell cryptocurrency and receive fiat assets directly to the user's card. This will expand the users' ability to manage their funds and make OWNR Wallet an even more versatile tool.

Thus, OWNR Wallet combines a wide range of possibilities for managing cryptocurrencies and fiat funds. It offers convenience, security and flexibility, which makes it attractive to various categories of users — from beginners to professionals in the field of digital assets.

For comparison, here are several similar crypto wallets: Exodus, Trust Wallet, Atomic Wallet.

Supported Cryptocurrencies

OWNR Wallet offers extensive support for cryptocurrencies and tokens, which makes it a universal tool for users interested in managing and exchanging digital assets. All major tradable cryptocurrencies are available in the wallet, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Bitcoin Cash SV (BCH SV), Zcash (ZEC) and Dash (DASH). 

These cryptocurrencies represent the leading assets in the market, each of which has its own unique characteristics and applications. Bitcoin and Bitcoin Cash are representatives of the first generations of cryptocurrencies, Ethereum introduces the concept of smart contracts, Litecoin and Dogecoin have fast transactions and low fees, and Zcash and Dash offer improved privacy and anonymity features.

In addition, OWNR Wallet supports all ERC-20 tokens, which includes a wide range of digital assets created on the basis of Ethereum. One of the most significant tokens in this category is Tether (USDT), a stable coin pegged to the US dollar and designed to minimize volatility in the cryptocurrency markets.

The support of these cryptocurrencies and tokens provides OWNR Wallet users with flexibility and opportunities for a diverse portfolio of assets. It also simplifies the management of various digital assets in one place, providing convenience and efficiency in conducting transactions, exchanging and storing cryptocurrencies.

Commissions and fees

OWNR Wallet is a multifunctional solution for managing cryptocurrencies and prepaid cards, providing users with flexibility and variety in processing payments and financial transactions.

OWNR Wallet does not charge fixed fees for using the payment gateway, which makes it attractive for integration into various business processes. However, integrating a payment gateway into your business can cost variable fees ranging from 3% to 5%, depending on volume and terms of use. This gives flexibility in pricing and allows you to adapt services to specific business needs.

Regular users who use OWNR Wallet for purchases pay a fixed commission of 4% plus 3 USD for each transaction. This fixed fee provides simplicity in calculating transaction costs and allows users to easily plan their expenses.

OWNR prepaid cards provide users with an additional level of control through customizable payment features. These cards are especially useful for companies that wish to pay salaries to employees in cryptocurrency, as they offer a simple and effective solution to this process.

Each prepaid Visa card issued by OWNR is subject to a monthly service fee of 1.5 euros. This allows users to easily track and plan their regular card maintenance expenses. Additional information about possible fees, such as card replenishment fees, foreign exchange market fees, ATM withdrawal fees and other expenses, can be found on the official OWNR Wallet website. This provides users with transparency and helps to avoid unexpected costs.

After concluding an agreement with Bitfinex, OWNR Wallet announced a reduction in the commission rate for verified users of this platform. Now verified Bitfinex users will pay a 3% commission when using OWNR Wallet as a payment method. This change is aimed at stimulating the use of OWNR Wallet among Bitfinex users and makes it a more profitable option for those who are already actively working on this exchange.

Safety

OWNR Wallet implements a comprehensive approach to security that meets the most stringent standards and requirements in the field of data protection. The most important aspect of ensuring security is compliance with the PCI DSS (Payment Card Industry Data Security Standard), which sets strict rules for protecting cardholder data. This includes data encryption, network segmentation, strict access control, and continuous monitoring of systems. Due to this, card data and transactions are protected from unauthorized access and leaks.

In addition to PCI DSS compliance, OWNR Wallet uses 3DS (3-D Secure) and 3DS2.0 protocols to protect transactions. The 3DS protocol adds an additional layer of authentication by requiring an additional code to be entered, which is sent to the user's phone or email. The updated version, 3DS2.0, improves the user experience and includes more data for risk analysis, which helps prevent fraud and simplifies the authentication process.

OWNR Wallet also actively informs users about suspicious activities. The system immediately notifies you of unusual activity, such as logging in from a new device or IP address, unauthorized transaction attempts, and account changes. These notifications allow users to respond to potential threats in a timely manner and take the necessary measures to protect their funds.

Additionally, OWNR Wallet implements a unique security feature, limiting the use of debit cards. Users are prohibited from attaching debit cards to their wallet, which means that they have to manually enter their card details for each transaction. This approach significantly reduces the risk of data theft, since card information is not stored in the system and cannot be stolen when a wallet is hacked. Moreover, the need to manually enter data for each transaction gives the user more control over their expenses and prevents funds from being automatically debited without their knowledge.

Thus, the combination of compliance with PCI DSS standards, the use of modern security protocols, timely notification of suspicious activity and restrictions on the use of debit cards makes OWNR Wallet a reliable and secure financial management solution.