Home web3.0 Is ELLIPAL wallet safe? How to use it in China?

Is ELLIPAL wallet safe? How to use it in China?

Aug 16, 2024 pm 12:39 PM
exchange cold wallet

ELLIPAL wallet is a secure cold wallet that mainly ensures asset security through air isolation, multi-signature, offline generation, tamper-proof design and two-factor authentication. Domestic users can use the ELLIPAL wallet using the following steps: purchase a wallet, set up a wallet, receive assets, and manage assets. Take care to keep your mnemonic phrases and passwords safe, update firmware regularly, and avoid connecting to infected devices or networks.

ELLIPAL钱包安全吗 国内要怎么使用

Is ELLIPAL wallet safe?

ELLIPAL is a cold wallet designed for storing crypto assets. Its security is mainly reflected in the following aspects:

1. Air isolation:
ELLIPAL wallet uses air isolation technology to isolate the wallet from the Internet to prevent remote attacks by hackers.

2. Multi-signature:
ELLIPAL wallet supports multi-signature, which requires multiple private keys to be authorized at the same time to conduct transactions, which enhances the security of funds.

3. Offline generation:
ELLIPAL wallet’s private key and mnemonic phrase are generated directly on the device and will not be transmitted through the Internet, reducing the risk of being stolen.

4. Tamper-proof design:
ELLIPAL wallet adopts tamper-proof design. Once tampering is detected, wallet data will be erased immediately to protect user assets.

5. Two-factor authentication:
ELLIPAL wallet supports two-factor authentication, which requires you to enter additional security codes when transferring or other sensitive operations to improve security.

How to use ELLIPAL wallet in China?

To use ELLIPAL wallet in China, you need to take the following steps:

1. Purchase wallet:
ELLIPAL wallet can be purchased from the official website or authorized dealers.

2. Set up wallet:
Follow the wallet instructions to set up the wallet, including creating mnemonic phrases, setting passwords, etc.

3. Receive assets:
Transfer crypto assets from exchanges or other wallets to ELLIPAL wallet.

4. Manage assets:
You can manage assets through the ELLIPAL wallet, including checking balances, transferring and receiving assets.

Note:

  • Keep the mnemonic phrase and password properly. Once lost, the wallet cannot be restored.
  • Update wallet firmware regularly to fix security vulnerabilities.
  • Never connect your wallet to a compromised device or network.

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