3 Important Rules For Working With Crypto Wallets

Transactions on the Blockchain Cannot Be Canceled or Changed

2 Most Important Rules for Working With Crypto Wallets

Working with blockchain and cryptocurrencies is directly related to your finances. Therefore, we would like to remind beginners in the field of cryptocurrencies of three basic rules that will help you make the process of registering a crypto wallet and making transactions in the blockchain safe and ensure you do not lose your tokens.

  1. When registering a Cryptounit blockchain wallet, save your address and the generated Seed phrase in several places at once (on a USB flash drive and on paper) and store them in a safe place. When registering a new wallet on the Cryptounit blockchain itself, also save the backup key. Losing your Seed phrase and backup key is like losing all your digital assets beyond recovery! Take this very seriously.
  2. When transferring funds to another user or to the exchange, check the correctness of the address and the amount of the transaction.
  3. Never write your Seed phrase in the memo section.

Transactions on the blockchain cannot be canceled or changed.

Global Investment Portfolio Cryptounit

Global Unit Pay, UnitEx exchange, Cryptounit blockchain, Academy of a Private Investor and New Digital Evolution are among the operating businesses that are part of the Global Investment Portfolio CryptoUnit.

Holders of the security token WCRU are co-owners of this portfolio, which currently comprises more than 60 financial instruments from various segments of the investment market and has a valuation of over $11.6 billion, according to the independent evaluation of Crowe Global.