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Home»Wallets and Exchanges»Crypto claims to be inclusive. Not for visually impaired, as it turns out
Wallets and Exchanges

Crypto claims to be inclusive. Not for visually impaired, as it turns out

January 14, 2025No Comments2 Mins Read
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Cryptocurrency, with its promise of financial inclusivity, has ironically left the blind and visually impaired community behind. In a 2017 interview with Bitcoin enthusiast Craig McGee, who is blind due to Norrie disease, he highlighted the major accessibility hurdles faced by visually impaired individuals in the crypto world. The lack of screen reader compatibility and complex interfaces make it challenging for them to engage with wallets and exchanges effectively.

Fast forward to 2024, the story remains the same for many of the 43 million blind and 295 million severely visually impaired individuals globally. The digital financial landscape poses numerous obstacles that are often overlooked or underestimated. Popular crypto wallets like MetaMask and Coinbase lack dedicated accessibility features, making it difficult for visually impaired users to navigate and interact efficiently.

A recent study on crypto wallet accessibility revealed that blind participants took significantly longer to complete tasks compared to sighted users, mainly due to accessibility barriers and security risks. Issues like unlabeled buttons, screen reader incompatibilities, and confusing layouts hinder their user experience and compromise their security measures.

In response to these challenges, initiatives like Bitget and Binance have started to address accessibility issues by introducing features like color vision deficiency palettes. Additionally, startups like Haptics DAO are developing audio and haptic feedback platforms to assist visually impaired users in accessing wallets and trading crypto assets.

Efforts to make crypto knowledge more accessible, such as translating the Bitcoin white paper into Braille, show promise in creating a more inclusive crypto space. However, there is still much work to be done to ensure that crypto platforms are truly accessible to all, including the visually impaired community.

See also  US targets Huione Group in crackdown on $4 billion crypto laundering network

To enhance accessibility for blind and visually impaired users on crypto platforms, experts recommend incorporating screen reader compatibility, maintaining color contrast and consistency, allowing text resizing and formatting customization, implementing direct labeling and alternative text, embedding educational resources, establishing a feedback mechanism, and undergoing regular accessibility testing and certification.

By making crypto platforms more user-friendly for visually impaired individuals, the industry can uphold its legal and ethical responsibilities while fostering a more inclusive and diverse ecosystem that benefits everyone.

claims Crypto impaired inclusive Turns visually
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