Game-changer in crypto adoption coming soon!
Self-custody wallets are great because you hold complete control over your crypto, but, as our buddy Spider-Man once said: with great power comes great responsibility.
Self-custody wallets are just like they sound: only you control your wallets. No one else can access it, not even us!
As with all self-custody wallets, if you lose your special password (also called a seed phrase), you risk losing access to your accounts.
Until now, there hasn’t been a great way to support easy logins in the Web3 world. And that made sense — crypto and Web3 require a different level of security than most Web2 apps, and while some fintech companies have figured out how to keep your accounts safe, the world of crypto has always been a bit more challenging.
Users need a way to log in safely and create their secret password (aka their seed phrase)
Users need to be sure that their crypto is safely stored in their Wallets
Until now, there hasn’t been a great way to improve the user experience while keeping security and self-custody in mind.
That’s why we’re so excited to announce that Sweat Wallet’s Magic Keys feature is coming soon.
We’re upgrading our security by integrating with NEAR’s FastAuth offering to simplify your login experience and make it even easier to use your Sweat Wallet.
Introducing Magic Keys
Sweat Wallet’s Magic Keys empower you to create a secure Sweat Wallet account in seconds, without the burden of memorizing complex seed phrases.
Here’s what you can look forward to:
- Effortless email authentication: Link your email to your account, similar to your favorite apps, for a familiar and convenient login experience.
- Say goodbye to fears of getting locked out: Misplaced your seed phrase? No worries! Just log in with your email and a secure magic link to get back in.
- Double-layered security: even if you lose your email access, you can create a backup seed phrase for an additional layer of protection.
Stay tuned to use Magic Keys to access your account.
The Sweat Team
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The Sweat Team
These materials are for informational purposes only and are not investment advice or an invitation, recommendation or solicitation to buy, sell or hold any crypto asset or to engage in any particular trading strategy. Many crypto products and markets are unregulated, and you likely will not be protected by government compensation and/or regulatory protection schemes. Crypto assets are high-risk investments and the unpredictable nature of crypto asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in value of your crypto assets. You should seek independent professional counsel from your investment advisor and tax advisor in connection with any acquisition or disposition of crypto assets.
