PALO ALTO, Calif., Jan. 31, 2018 /PRNewswire/ — Cheetah Mobile Inc. (NYSE: CMCM), a leading mobile internet company with strong global vision, today announced the release of its secure mobile cryptocurrency wallet, called SafeWallet. The app’s innovative three-tiered security defense system and easy-to-use interface allow users to safely and conveniently secure and manage their cryptocurrency assets. By leveraging its extensive mobile security and product development experience, Cheetah Mobile has truly created a safer mobile wallet.

SafeWallet employs a unique three-tiered security defense system that protects users in three key areas, including user behavior, phone security and asset management to provide maximum protection for users’ digital assets and prevent them from being lost or stolen.

SafeWallet currently supports both Bitcoin (BTC) and Ether (ETH), with more currencies coming soon. The app allows users to easily and safely send and receive assets, create and manage multiple wallets, and import wallets in a variety of formats. SafeWallet also features an optimized transaction fee algorithm to reduce transaction fees and confirmation times. Additionally, SafeWallet’s real-time exchange rate allows users to easily track the value of their digital assets.

SafeWallet has no access to your private key and may not, under any circumstance, initiate a transaction using your private key on your behalf.

“Cheetah Mobile’s move into the blockchain industry represents a significant moment for our company,” said Edward Sun, SVP of Cheetah Mobile. “Similar to our AI strategy, we are committed to staying at the forefront of the latest technological trends, and mobile asset security is an area that we believe we can have a strong impact.”

SafeWallet was developed by the same professional team that has provided security services for more than 1 billion users for the last 5 years with successful mobile security products such as Clean Master and Security Master. Over 100 million customers use Cheetah Mobile security services every day to protect against viruses, malware and other threats

SafeWallet is currently available on Google Play, with an iOS version expected to be released shortly.

Download SafeWallet here: https://play.google.com/store/apps/details?id=com.cmcm.blockchain.bitcoin.ethereum.safewallet

About Cheetah Mobile

Cheetah Mobile is a leading mobile internet company with strong global vision. It has attracted hundreds of millions of monthly actively users through its mobile utilities products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2, and its live streaming product Live.me. The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels. Cheetah Mobile is committed to leveraging its cutting-edge artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014.

For more information about Cheetah Mobile and its products, please visit www.cmcm.com

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SOURCE Cheetah Mobile