Blockchain.com Announces Free .blockchain Domain Roll Out for Users
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Understanding the .blockchain Domain
.blockchain domain is an easy-to-remember address for transferring or receiving crypto assets. This product works like an email address, helping users have readable wallet names instead of the more complex wallet address available today. Blockchain.com explained:
“Instead of having to copy-and-paste long complex wallet addresses like bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4, you can simply type in an easy-to-remember domain like john.blockchain.”
After linking a Blockchain.com wallet to a .blockchain domain name, funds can be received in the appropriate Private Key Wallet.
Benefits of Having a Blockchain.com Domain Name
Using a .blockchain domain instead of the conventional wallet address offered many benefits, including diminishing the chances of your crypto asset getting sent to the wrong address. A .blockchain domain is easy and free to acquire and remains yours for life.
Claiming Your Blockchain.com Domain Name
The blockchain company announced on Friday that interested users could join a waitlist to be one of the first to receive domain names.
The firm also noted they would roll out channels for those on the waitlist to claim their free domain names in the Blockchain.com Wallet app, beginning with iOS users. The firm noted that it would notify users when their domain becomes available for claiming.
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