XcelPay Wallet Partners with Xecret.io to Enhance Crypto Security

XcelPay Wallet
XcelPay Magazine
Published in
3 min readJan 18, 2024

At XcelPay Wallet, we are committed to providing our users with the highest level of security and convenience in the world of cryptocurrency. Today, we are thrilled to announce our partnership with Xecret.io, a leading secure seed phrase safeguard solution.

Join us in welcoming our new partner, Xecret.io!

The Importance of Seed Phrase Security

Seed phrases, also known as recovery phrases, serve as the master passwords for cryptocurrency wallets. They are a sequence of 12 or 24 words that function as a backup mechanism to restore access to a user’s cryptocurrency holdings.

Due to their immense value, seed phrases are a prime target for cybercriminals. If compromised, these phrases can grant unauthorized access to a user’s digital assets, resulting in substantial financial losses.

Xecret.io addresses this concern by providing users with a robust and user-friendly seed phrase safeguard solution. Integrating Xecret.io into the XcelPay Wallet helps users keep their digital assets secure.

About Xecret.io

Xecret.io is a unique seed phrase storage solution that employs a blend of encrypted QR codes and a robust threshold recovery system to safeguard users’ seed phrases. Unlike conventional seed phrase storage methods that leave sensitive information vulnerable, Xecret.io meticulously encrypts a user’s seed phrase using QR codes and divides it into multiple shares, known as slices. These slices are then printed onto paper and securely stored in distinct locations, making it impossible for any individual to access the entire seed phrase. Also, protecting the seed phrases from loss, theft, or fire.

Additionally, Xecret.io utilizes a threshold recovery system, which requires a minimum number of slices to be present to recover the seed phrase. This means that even if one or more slices are lost, stolen, or compromised, the seed phrase can still be recovered. Learn more about Xecret.io.

Integration of Xecret.io’s Seedphrase Safeguard Solution into the XcelPay Wallet

Why risk your seed phrase with plain text? Elevate your crypto security with Xecret.io’s encrypted QR codes using the XcelPay Wallet. Users can seamlessly access Xecret.io’s Seedphrase Safeguard directly through the XcelPay Wallet, making it convenient and easy to protect their seed phrases. Convert your seed phrase into encrypted QR codes!

Here’s how to access Xecret.io through the XcelPay Wallet:

  1. Open the XcelPay Wallet app and go to the Market tab.
  2. Tap on “Seedphrase safeguard”.
  3. Authenticate with your PIN Code to generate QR slices.
  4. Choose your desired plan. The good news? A 2-slice set and a 3-slice set plans are available for free on XcelPay Wallet for a limited period. You can also choose between 3-slice set, 5-slice set, 7-slice set, and 11-slice set plans as you prefer.
  5. Opt for the minimum required slices to recover your seed phrases. Tap on “Continue”
  6. Tap on “Generate slices”. Save all slices.
  7. Print the QR code slices and store them in different locations.

That’s it! Your seed phrases are now securely stored and can be recovered using the required number of slices.

Your crypto assets are under the protection of innovative technology and the expertise of our partner, Xecret.io. Enjoy peace of mind knowing that your digital assets are safe and secure.

Conclusion

The partnership between XcelPay Wallet and Xecret.io marks a significant step forward for crypto security. This collaboration represents a commitment to fostering a secure and trustworthy environment for crypto enthusiasts worldwide.

Explore Xecret.io and XcelPay Wallet to be a part of the future of crypto security. Your assets deserve the best, and we’re here to provide just that.

Stay secure, stay informed, and stay with us!

--

--

XcelPay Wallet
XcelPay Magazine

The new age Integrated Crypto Wallet and Merchant POS is to disrupt the traditional payment solutions around the world.