Verasity’s VeraWallet Now Supports VRA on BNB Chain

Verasity has updated its VeraWallet to support VRA on the BNB Chain, enabling holders to manage tokens across two networks in a single interface. Users can now deposit, stake, and withdraw VRA using either Ethereum or BNB Smart Chain addresses while viewing a unified balance. This dual-network functionality aligns with Verasity’s ongoing cross-chain expansion, making VeraWallet a central hub for VRA holders.

Dual-Network Support in VeraWallet

The update introduces dual-network functionality without changing how users interact with the wallet. VRA tokens from Ethereum and BNB Smart Chain are now combined into a single balance, which users can deposit, stake, and unstake without worrying about the originating network. 

When withdrawing, the wallet includes a network selector that allows users to send tokens via the chain that suits their needs. VeraWallet also displays net amounts after fees and includes a one-click adjustment option to ensure the received amount matches the intended transfer. Staking continues as usual, and rewards distribution remains consistent regardless of network.

Storing and Staking VRA

VeraWallet is designed as a custodial wallet specifically for VRA. Tokens are kept in cold storage offline to minimize exposure to online threats. Users can stake VRA at an annual percentage rate of 15%, with rewards distributed daily. Staking remains under the wallet’s security framework, reducing reliance on external DeFi platforms and avoiding exposure to unverified smart contracts.

The wallet also supports unstaking at any time, though withdrawal delays exist to maintain security. This approach balances accessibility with risk management.

Buying, Selling, and Withdrawing

VeraWallet allows users to purchase VRA directly using a debit or credit card or through a bank transfer. In addition, the wallet supports converting VRA into fiat currencies such as USD, EUR, or GBP via Paybis. This off-ramp functionality eliminates the need for external exchanges, allowing holders to manage VRA entirely within the wallet.

The addition of network selection on withdrawals provides flexibility. Users can route transfers to Ethereum or BNB Smart Chain wallets, and the system automatically calculates fees to display net amounts. This feature simplifies cross-chain transfers while giving users control over network-specific decisions.

Security Measures

VeraWallet emphasizes layered security to protect user assets. The platform stores 99.9% of funds in cold storage offline and requires mandatory two-factor authentication. Continuous monitoring detects suspicious activity, and accounts showing anomalies are automatically locked and reviewed manually. Withdrawal delays and smart contract mechanisms prevent stolen VRA tokens from entering the staking ecosystem.

KYC procedures are in place to comply with regulations and reduce illicit activity. Users must verify their identity to access certain features, including fiat conversions. Personal security practices, such as enabling 2FA, using unique passwords, and avoiding public Wi-Fi, are strongly recommended to mitigate individual risk.

Integration With Carbon Browser

The update follows Verasity’s partnership with Carbon Browser, which integrates Verasity’s blockchain-based advertising infrastructure. Through this collaboration, VRA is supported on Carbon Browser Wallet and LDXFi. Verasity’s Proof of View system will verify engagement for Carbon’s 7 million-plus users, ensuring content and ad interactions are legitimate and fraud-resistant.

Carbon Browser itself emphasizes Web3 adoption, privacy, and speed. It supports multi-chain wallets, staking, cross-chain swaps, and access to decentralized applications, with its native $CSIX token enabling staking, governance, and rewards. The integration extends Verasity’s infrastructure to a broader user base while maintaining the integrity of video monetization.

Conclusion

With BNB Smart Chain support, VeraWallet now allows users to manage VRA across Ethereum and BNB Smart Chain networks in one place. Unified balances, flexible deposits, network-selectable withdrawals, and existing staking features make the wallet a comprehensive tool for token management. 

Strong security measures, including cold storage, two-factor authentication, withdrawal delays, and KYC compliance, maintain user protection across both networks. VeraWallet remains the primary custodial solution for VRA storage, staking, and transactions, supporting the full functionality of Verasity’s ecosystem.

Resources:

1. Veracity X platform: https://x.com/VerasityTech

2. Verasity Documentation: https://verasity.helpscoutdocs.com/

3. VeraWallet website: https://verawallet.io/?c=IN

4. Verasity docs about Verawallet: https://verasity.helpscoutdocs.com/article/101-how-do-i-add-vra-to-my-verawallet