IN1 Wallet
Pros of IN1 Wallet
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Open-source and decentralized: Built for transparency and user sovereignty, with fully auditable code.
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Self-custodial: Users control their private keys and funds entirely — no third-party custody.
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Multi-chain support: Designed to work across Ethereum, L2s, and EVM-compatible chains.
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Built-in dApp interactions: Enables seamless access to decentralized apps directly within the wallet.
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Modular and developer-friendly: Tailored for Web3 developers who want to customize wallet behavior or build on top of it.
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Secure by design: Follows industry-standard security practices with a focus on minimal trust assumptions.
Cons of IN1 Wallet
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Technical interface: The UI may feel complex for beginners or non-technical users.
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No fiat on/off ramp: Lacks direct support for purchasing crypto with fiat currencies.
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Limited mobile functionality: Primarily browser-based with no full-feature native mobile app yet.
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Minimal customer support: As a decentralized and open-source project, support is community-driven.
Conclusion:
IN1 Wallet is a powerful, open-source self-custody wallet ideal for developers and privacy-conscious Web3 users. While not optimized for beginners or fiat integrations, it offers full decentralization and multi-chain utility for advanced users.
| Name | Value |
|---|---|
| Wallet Name and Brand | IN1: Crypto Wallet & Money App by IN1 Holding Ltd |
| Type of Crypto Wallet | Custodial neo‑bank style wallet (keys held by IN1) |
| Supported Crypto Assets | Major coins (BTC, ETH, USDT, etc.) |
| Stablecoin Support | USDT (and likely USDC) |
| Deposit Methods | Crypto address; IBAN SEPA; card top‑up; P2P via contacts |
| Deposit Limits | Tiered by KYC; card loads few k€; crypto virtually unlimited |
| Crypto-to-Fiat Conversion Method | In‑app buy/sell; auto‑conversion on card spend |
| Size of Conversion Fee | ~0.5–1% (not public; premium waives fees) |
| Transaction Fees Within the Network | Crypto withdraw = network; internal free; SEPA low or none |
| Fixed Fees | No account fee; Premium $7.99/mo; possible card issuance fee |
| Built-in Exchange Features | Yes: buy/sell/trade crypto↔fiat & crypto↔crypto |
| Multi-currency Balance Support | Yes: EUR, USD, PLN + crypto balances |
| Web3 Service Integration | No: closed custodial; no dApps |
| Staking or Lending Features | Yes: staking via partnered “Earn” |
| Referral Program | No public referral scheme |
| Obligatory KYC Requirements | Yes: ID verification mandatory for any use |
| Verification Levels and Their Details | Single ID verification; extra checks only if flagged |
| KYC Processing Speed | Minutes–hours via automated check |
| Minimum Verification Threshold for Basic Usage | ID required to use any feature |
| Security Measures | Encryption; 2FA; biometrics; fraud monitoring |
| Key Storage Model | Custodial: IN1 holds keys |
| Backup Features | Account recovery via support; no seed |
| Platform Transparency | Standard fintech transparency; in‑app fee display |
| Asset Insurance Availability | No crypto insurance; fiat ring‑fenced |
| Multi-signature Support | No multi‑sig |
| User Interface and Usability | Clean, minimalist; contact‑based sends |
| Availability of Mobile App | iOS & Android |
| Compatibility with Mobile Operating Systems | iOS 15.5+; Android 8+ |
| Compatibility with Desktop Operating Systems | No desktop support |
| Web Interface | None; marketing site only |
| Transaction Speed | Instant internal; chain times for crypto |
| Cross-chain Exchange Support | Limited to supported assets via trading |
| Transparency of Fees and Terms | Moderate: in‑app preview; no public schedule |
| Update Frequency | Frequent early updates (bi‑weekly/monthly) |
| Company History and Brand Reputation | Launched late 2024; Warsaw HQ; ex‑Revolut team |
| User Reviews and Independent Ratings | ~3.8★ on iOS; mixed (ease vs support issues) |
| Customer Support Quality | Email/chat; mixed speed; premium priority |
| Geographic Availability | EU/EEA & Ukraine; no US |
| Compliance with European Regulations and Standards | EU KYC/AML via partners; PSD2 |
| Availability for EU Residents | Full features (IBAN, card) |
| Integration with Exchange Services and Liquidity Aggregators | Third‑party exchanges & open banking |
| Support for Decentralized Applications (dApps) | No dApp support |
| Portfolio Management Tools | Basic multi‑asset view; simple charts |
| Customization Options for Settings and Filters | Language, currency, notifications, premium |