Choose Decentralized Wallet : Store your Cryptos in XcelPay Wallet

XcelPay Wallet is a decentralized cryptocurrency wallet crafted to help you store your cryptos in a safe and reliable space. The decentralized crypto wallet is available as a mobile application and can be downloaded on any mobile devices from Appstore and Google Playstore.

XcelPay Wallet- a secure decentralised (non-custodial) crypto wallet provides users with 12-word mnemonics or private key. This is a randomly arranged sequence of words, as it should be, only the user or the owner of the wallet has access to this randomly arranged unique mnemonics. Mnemonics can then be used to gain access to cryptocurrency funds stored in XcelPay Wallet, as well as to send, receive and store cryptos.

XcelPay Wallet is a non-custodial wallet. Unlike, in centralized wallets or exchanges where the custodian- Exchange or service provider has access to the private keys. Non custodial wallets like XcelPay Wallet or decentralized wallets like XcelPay Wallet do not know your mnemonics or private key. Only the owners know their mnemonics and use it to manage their funds. When using decentralized crypto wallets like XcelPay Wallet it is always advisable to back-up mnemonics in a secure off-line space.

Using decentralised (non-custodial) wallets like XcelPay Wallets, give users full-control over their privacy and their funds. Centralized exchanges and wallets make it compulsory for users to create a username and password. However, exchanges are prone to hacks and other security risks. Cryptocurrency funds stored in public platforms expose cryptocurrency funds to unexpected vulnerabilities. So, in the long-term it’s always recommended to store your cryptos in a secure decentralized space.

XcelPay Wallet is a secure decentralized space to store your cryptos. Download the app today!