The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Payments Giant Square Backs Effort to Make Crypto Wallets Less Complicated

by Daily Hodl Staff
November 1, 2020
in Bitcoin

Financial services company Square is on a mission to make crypto wallets less complicated.

Square Crypto, the crypto arm of the payments giant, made the announcement on Twitter that they are awarding a grant to a developer who envisions a better experience for all crypto wallet users.

“Giving trick-or-treaters Open Dimes and Square Crypto grants this year. Speaking of which, this one goes to Maggie Valentine (@magglevalentine), a designer working to simplify wallet onboarding flows by reducing technical jargon and increasing user education.”

[adinserter block="1"]

Maggie Valentine is currently head of design for non-profit She256 where she works to foster inclusive design in the blockchain space. According to Square, Valentine will focus on reducing the complexity involved in using crypto wallets so anyone without technical know-how can reap the benefits of Bitcoin.

“Maggie’s thesis is that Bitcoin should be usable by anyone, regardless of technical proficiency. Difficult wallet UX shouldn’t determine who benefits from Bitcoin. Her plan is to investigate these problems and publish recommendations to make onboarding more user-friendly.”

In her proposal to Square, Valentine highlights cryptocurrency’s potential to shape the future of financial infrastructure, but she also acknowledges that there are strong barriers surrounding the crypto space that are deterring non-savvy technical users from entering the space.

[adinserter block="1"]

“The current state of products and experiences within this industry creates strong barriers to entry; wallet onboarding flows are often saturated with technical jargon, unfamiliar user concepts, and little-to-no education. Unless equipped with a technical background, users are often deterred from reaping the benefits this technology has to offer.”

Ultimately, Valentine’s research will be incorporated into the Bitcoin Design Guide, says Square.

“These learnings will be published in the ‘Best Practices’ and ‘Recommended Actions on First-Run’ sections of the Bitcoin Design Guide.”

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/IM_Visuals

Submit a Press Release

Industry Announcements

  • Sui News: Cumberland, Fluid, and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet
    June 23, 2026
  • Bitcoin Suisse Receives MiCAR License and Launches European Expansion
    June 23, 2026
  • MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
    June 23, 2026
  • PremiumBlock Launches Non-Custodial Risk Hub for User-Created Prediction Markets, Perps and Web3 Poker
    June 19, 2026
  • Playnance’s GCOIN to List on KoinBX Following Rapid Community Growth in India
    June 18, 2026
  • Stratosphere, Pudgy Penguins and Streamex Host Founders Table VIP Dinner During ETHConf 2026 and NYC Tech Week
    June 18, 2026
  • Eldora Opens 280+ Tokenized US Stocks to 85+ Countries, Launches $20,000 Campaign
    June 18, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • Hackers Targeting 217 Android Finance Apps, Draining PINs, Patterns and Passwords: Zimperium
    June 20, 2026
  • Wells Fargo Refuses To Reimburse Florida Customer After $251,300 Stolen From Account: Report
    June 21, 2026
  • $9,000 Abruptly Drained From Florida Woman’s Account After Scammer Impersonates Her Bank: Report
    June 20, 2026
  • New York Bank Teller Exposes Customers’ Sensitive Information, Drains $75,000 From Targeted Accounts: Report
    June 21, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl