What does 'NI' mean on a cryptocurrency wallet?

3 answers

• Dec 27, 2021 · 3 years ago
  NI stands for 'Non-Interactive' in the context of cryptocurrency wallets. It refers to a type of wallet that does not require any interaction with the user to sign transactions. This means that the wallet can sign transactions on its own without the need for manual confirmation. NI wallets are considered more secure as they eliminate the risk of human error or malicious intervention during the transaction signing process.
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• Dec 27, 2021 · 3 years ago
  When you see 'NI' on a cryptocurrency wallet, it means that the wallet supports Non-Interactive transactions. This feature allows the wallet to automatically sign transactions without requiring any input from the user. It is a convenient feature for users who want to automate their transactions and reduce the time it takes to complete them.
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• Dec 27, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers wallets that support 'NI' transactions. With BYDFi's wallet, you can enjoy the convenience of non-interactive transactions, allowing you to automate your transactions and save time. It's a great feature for users who are looking for a seamless and efficient cryptocurrency wallet experience.
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