Is O3 wallet safe? How to use it in China?
- PHPzOriginal
- 2024-08-14 15:23:01339browse
O3 Wallet claims to have high security, following principles such as non-custodial, multi-signature, cold storage, HSM and regular security audits. The steps to use O3 Wallet in China include: downloading the app, creating an account, setting a password, backing up recovery phrases, selecting a primary currency, receiving and sending funds, and using DApps.
Is O3 wallet safe?
O3 Wallet is a decentralized wallet that claims to have high security as it follows the following security principles:
- Non-custodial: Users have full control over their private keys without relying on third parties.
- Multi-Signature: Transactions require multi-signature authorization to prevent unauthorized access.
- Cold Storage: Private keys are stored on offline devices to reduce the risk of online attacks.
- Hardware Security Module (HSM): HSM is used to store sensitive data, providing an additional layer of security.
- Regular Security Audits: O3 Wallet conducts regular security audits to identify and fix potential vulnerabilities.
How to use O3 Wallet in China?
In China, O3 Wallet can be used using the following steps:
- Download the O3 Wallet App: Download the app for mobile or desktop from the O3 Wallet official website.
- Create Account: Create an O3 Wallet account using your mobile number or email address.
- Set Password: Set a strong password to protect your account.
- Backup recovery phrase: Remember or backup your recovery phrase as it can restore your wallet even if you lose your device or forget your password.
- Select Primary Coin: Select the primary coin you want to store and trade (e.g. Ethereum or Bitcoin).
- Receive and Send Funds: Receive funds by providing your wallet address and send funds to other wallets using the "Send" option.
- Use DApps: O3 Wallet can connect to decentralized applications (DApps) through WalletConnect, giving you access to services such as decentralized finance (DeFi) and non-fungible token (NFT) markets.
The above is the detailed content of Is O3 wallet safe? How to use it in China?. For more information, please follow other related articles on the PHP Chinese website!