AdaLite is a non-custodial wallet for Cardano (ADA), which allows users to access their ADA holdings and interact with the Cardano blockchain without the need for a third-party intermediary. The wallet is designed to be easy-to-use and secure, while providing full control of the user's funds.
To use AdaLite, users can simply visit the website and create a new wallet or import an existing one using their 15-word seed phrase. Once logged in, they can view their ADA balance, transaction history, and send or receive ADA.
AdaLite uses Cardano's blockchain explorer to provide real-time information on the status of transactions, ensuring that users have up-to-date information on their account activity. The wallet also supports hardware wallets such as Ledger and Trezor, providing an additional layer of security.
One of the key benefits of AdaLite is that it is non-custodial, meaning that users are in full control of their funds at all times. This is different from custodial wallets, which hold the user's private keys and can be vulnerable to hacks or theft. By using AdaLite, users have direct access to their funds and can be confident that their ADA is secure.
In summary, AdaLite is a non-custodial wallet for Cardano (ADA), which allows users to access their ADA holdings and interact with the Cardano blockchain without the need for a third-party intermediary. The wallet is designed to be easy-to-use and secure, providing full control of the user's funds.