Coin98's Wallet Health Scans Eight Categories to Prevent Crypto Losses

For years, crypto holders have been neglecting wallet security by only checking their portfolio value daily on platforms like Coin98. However, a feature called Wallet Health has changed this approach, offering an ongoing state of monitoring to catch risks before they turn into actual losses.

Coin98's growth is notable, with over 10 million users across 170 countries and a footprint that includes 1 million Android downloads, 90,000 Chrome extension users, and 4,000 App Store ratings in Vietnam alone. The platform's trajectory has seen it grow from supporting 40 chains in 2022 to more than 130 networks by 2024.

Wallet Health is a built-in security and utility suite that helps monitor and optimize wallets, scanning for risks across wallet addresses, contacts, dApp connections, and token approvals. The feature treats wallet security as an ongoing state rather than a one-time setup, which aligns with how thefts actually happen in practice.

The Wallet Health scan covers eight categories: wallets, contacts, dApp connections, interacted URLs, favorite dApps, favorite tokens, approvals, and cloud backup status. This breadth is unique among competing tools, which often only check token approvals or offer limited visibility into wallet settings.