What makes my Cryptonow Non-Custodial Wallet so secure?
Cryptonow Wallet stands for absolute security in the world of cryptocurrencies. As a so-called Non-Custodial Wallet, it offers users full control and responsibility over their crypto assets. Unlike Custodial Wallets, where a third party manages the keys, with Cryptonow Wallet, the responsibility and control lie with the user.
Cryptonow has minimized the technical complexity of the blockchain in the design of the wallet to make it accessible and understandable for every user. At the same time, Cryptonow Wallet(R) represents absolute security in the world of cryptocurrencies. As a Non-Custodial Wallet, it offers users full control and responsibility over their crypto assets. Unlike Custodial Wallets, where a third party manages the keys, with Cryptonow Wallet(R), the responsibility and control lie with the user. Security results from a combination of advantages such as independence from third parties, resistance to online attacks, and suitability for long-term storage.
Security Features
In the process of conception, design, and production, Cryptonow has implemented a variety of wallet security features to ensure optimal security. Highly secure production standards: All Cryptonow Wallets are produced in Switzerland under the highest security measures and quality standards. It complies with PCI-DSS and AES banking and encryption standards, which are generally considered highly secure.
Cryptonow® Secure Orchestra Technology
Furthermore, Cryptonow® Secure Orchestra Technology is used, which cryptographically secures and verifiably combines multiple sources of entropy. This ensures a particularly secure creation and management of your crypto keys.
Private Key and Public Address
The Cryptonow Wallet works with a Blockchain Private Key and a Public Address. The Private Key is your personal key and should never be shared with third parties. Only with this key can transactions be carried out. In contrast, the Public Address can be shared, for example, to receive crypto payments.
Authorized Sales Points
In Switzerland, the purchase of the Cryptonow gift card, including the wallet, is only possible through official sales points and distribution partners. Each of these distribution partners is officially approved by Cryptonow and complies with local legal regulations. This approach ensures the authenticity and organized distribution of Cryptonow Wallets. Here you can find all Cryptonow sales points.
Independence from Third Parties
Since the Cryptonow Wallet is an offline storage method, you are not dependent on the services of a third party to access your cryptocurrencies. Even if Cryptonow or the online service is no longer available, you can still access your cryptocurrencies as long as you have your Private Key.
Protected against Online Attacks
Since the Cryptonow Wallet® is an offline storage method, it is immune to online attacks such as phishing, hacking, and other types of cyberattacks. Your cryptocurrencies are secure as long as your Private Key is secure.
Long-Term Storage
The Cryptonow Wallet® is ideal for long-term storage of your cryptocurrencies. You can keep it in a secure place, such as a safe, and have the assurance that your cryptocurrencies are safe. The security of the Cryptonow Wallet is based on the combination of all these elements. It provides users with a secure yet user-friendly way to store and manage their cryptocurrencies.