💁Change Password

When you set a password for your wallet, you’re taking an essential step to secure your assets and transactions. Here’s what you need to know about managing your wallet password:

1. Password Security

• Why It Matters: Your password protects access to your wallet and all associated assets. It’s the first line of defense against unauthorized access.

• No Storage by Us: We do not store your password on our servers or anywhere else. This ensures that only you have access to your wallet, but it also means that if you forget your password, we cannot recover it for you.

2. Changing Your Password

• Flexibility: You can change your wallet password anytime. This is useful if you believe your current password has been compromised or if you simply want to update it for better security.

• Synchronization: When you change your password, it will be applied across your wallet, ensuring that all your assets and accounts remain secure under the new password.

• Important Considerations: Always remember your new password, as you’ll need it for any future access. If you lose it, the only way to regain access is by resetting and re-importing your wallet.

3. Resetting Your Wallet

• Forgot Your Password?: If you forget your password, don’t worry. You can reset your wallet and set a new password. However, you’ll need to re-import your wallet using your recovery phrase or private key.

• Re-importing: During the re-import process, you’ll be required to enter your recovery phrase or private key. This will restore your wallet and allow you to set a new password.

4. Best Practices

• Create a Strong Password: Use a combination of letters, numbers, and symbols to create a strong password that’s difficult to guess.

• Keep It Safe: Store your password securely, preferably in a password manager, and avoid writing it down in easily accessible places.

• Regular Updates: Consider updating your password periodically to enhance security.