Cheetah Mobile (CMCM), a Chinese mobile Internet company headquartered in Beijing, China, today announced the release of its new secure mobile cryptocurrency wallet, called SafeWallet. The app features a three-tiered security defense system and easy-to-use interface that allows users to safely and conveniently secure and manage their cryptocurrency assets.
By leveraging its extensive mobile security and product development experience, Cheetah Mobile believes they have produced an extra protected mobile wallet.
SafeWallet employs a unique three-tiered security defense system that protects users in three key areas, including user behavior, phone security, and asset management to provide maximum protection for users’ digital assets and prevent them from being lost or stolen.
SafeWallet currently supports both Bitcoin (BTC) and Ether (ETH), with more currencies coming soon. The app allows users to easily and safely send and receive assets, create and manage multiple wallets, and import wallets in a variety of formats. SafeWallet also features an optimized transaction fee algorithm to reduce transaction fees and confirmation times. Additionally, SafeWallet’s real-time exchange rate allows users to easily track the value of their digital assets.
SafeWallet has no access to wallet private keys and may not, under any circumstance initiate a transaction with a user’s private key.
“Cheetah Mobile’s move into the blockchain industry represents a significant moment for our company. Similar to our AI strategy, we are committed to staying at the forefront of the latest technological trends, and mobile asset security is an area that we believe we can have a strong impact.”
Edward Sun, SVP of Cheetah Mobile
SafeWallet was developed by the same professional team that has provided security services for more than 1 billion users for the last 5 years with successful mobile security products such as Clean Master and Security Master. Over 100 million customers use Cheetah Mobile security services to protect against viruses, malware, and other threats.
SafeWallet is currently available on Google Play, with an iOS version expected to be released shortly.