Being compatible with ledger and trezor would be really great steps.
The same if it could be held in the Exodus wallet. Those steps alone could bring in thousands of new users just out of curiosity.
Of course the thing is, can you put the bts you hold as collateral in an external wallet?
Probably not. And since right now about 20% of bts is held as collateral with the number only going up, that might be the reason external wallets haven't happened yet.
What is the brief rundown on holding BTS as collateral?
Someone mentioned it recently, that it was a way to earn extra funds... would be curious to learn more about this aspect...
Basically you are borrowing bitUSD with an interest rate of 0%. That's why it's so attractive.
If the bts exchange rate falls though, then you might be forced to sell at a bad rate, so always check that you have locked enough bts in collateral.
The interesting part is that the bitUSD is created "out of thin air" when you borrow them and disappear when you pay them back.
And that's why people think more and more bts will be taken out of circulation, because it's so attractive to put it up as collateral.
so you keep your bts, and borrow money for free at the same time if you're not too risky.