Never Lose Access: a Guide to Managing Your Fuelet Wallet
Creating a wallet is a necessity when you enter the world of Web3. It’s a gate to the blockchain and apps you want to use. However, managing your account might be challenging for newbies in crypto. If all the 12-word seed phrases, long private keys, and passwords are still confusing, this article is what you need. Here we’ll briefly show how to never lose access to your funds in Fuelet Wallet.
Easy for Beginners: Seedless Account Security
With Fuelet Wallet Cloud Backup feature, it’s possible to securely store your private key on your Google Drive for Android or in the iCloud for iOS without typing it in there manually or writing it down which helps you to avoid risks associated with it. Like, your data being compromised by a malicious app that can copy everything from your clipboard or your seed phrase being captured in photo by someone behind you. The Cloud Backup also allows you to create a new wallet in seconds. Note that this feature is not available for Chrome.
Follow these few easy steps to activate Cloud Backup:
- Click on the upper left button with your wallet address in the main menu.
- Click on the 3 dots next to a needed wallet.
- Choose “Account Security” menu.
4. Click on a “Cloud Backup” tab and then a “Create Cloud Backup” button.
5. For Android, choose your Google account. No need to do it for the iPhone.
6. Click on “Backup Wallet” button.
Done! You’ve saved your wallet seed phrase without copying it. This is a somewhat centralised way to keep your wallet’s private keys but let’s be honest: it’s easier to loose a paper with the seed phrase written down there then for Apple or Google to compromise your data.
It is the first level of Seedless Account Security in Fuelet. We’ll also implement such features as Hardware Signer and Social Recovery with 2FA via your phone number and email. You can learn more about Seedless Security Methods in our wallet in the Medium article here.
A Guide to Your Seed Phrase
SAVE your seed phrase, keep it in a SAFE place, and NEVER share it with anyone — those are the three main rules of managing a seed phrase in crypto. Avoid storing it digitally or on your phone, as these methods increase the risk of loss or unauthorized access. Choose a physical location or consider using specialized services designed to store sensitive data securely. Treat your seed phrase as a valuable possession, and it will mitigate the risk of accidental loss or theft.
To access your seed phrase in the Fuelet Wallet:
- Open Fuelet Wallet and navigate to the main screen.
- Click on the name of your account located in the upper left corner.
- Next to your account name, you will find three dots. Click on them.
- Select the “Show Seed Phrase” option.
- Enter your passcode as prompted.
- Write down your seed phrase and securely store it offline.
Your Private Key Management
Your seed phrase generates a few wallet accounts and each of them will have a private key. So, your private key is not the same as your seed phrase. Nevertheless, it is crucial to handle it with the same level of caution. Why? In some cases, your private key might be the only way to activate your wallet. Such as the loss of your seed phrase or the need to interact with a blockchain application that doesn’t support seed phrase entry.
In Fuelet Wallet, you can locate and export your private key using the following steps:
- Open Fuelet Wallet and access the main screen.
- Click on the name of your account located in the upper left corner.
- Next to your account name, you will find three dots. Click on them.
- Select the “Export Private Key” option.
- Enter your passcode as prompted.
- Copy your private key and ensure its secure storage offline.
To safeguard your private key, follow the same rules we discussed earlier for your seed phrase. Note, that loosing your private key is riskier as it provides access to
Summary
Ensuring you never lose access to your wallet is crucial to ensure the safety of your funds. While some traditional Web3 methods like saving your seed phrase or private key might be a bit complicated for the newbies, the Cloud Backup to other Seedless Security Method features can leave you assured they will always have access to their account.
Stay tuned for more updates on Fuel and Fuelet’s ongoing technological advancements, as they continue to revolutionize the crypto space.
