How crypto is held
Sharesies Crypto Custody Limited holds your crypto on your behalf in a fully segregated account at Kraken Financial—a Special Purpose Depository Institution (a state-chartered bank under Wyoming law). With Sharesies Crypto, your crypto is never held in an exchange account.
We use a fully segregated account at Kraken Financial that is operated through a proprietary solution which uses hardware security modules and multiple layers of security.
Learn more about Kraken’s general security measures.
Crypto storage involves risks. Risks include advances in code cracking, attacks by hackers, scams, technical failures, or availability issues. This means there might be vulnerabilities which could lead to the loss of all your crypto.
More detail is provided in the Crypto Terms and Conditions.
Why this matters
Having your crypto stored with Kraken via Sharesies Crypto means you don’t need to:
create or manage your own crypto wallet
manage extra passwords
store recovery phrases or private keys.
Everything is managed on your behalf, and your crypto shows up right in your Sharesies Portfolio.
Help protect your Sharesies account
You can help keep your account secure by:
choosing a strong, unique password
enabling face or fingerprint recognition, or a PIN on the mobile app
not sharing your password with others
keeping your personal details up-to-date so you’re alerted about account activity that could be suspicious
Your Sharesies account is protected by:
encryption of sensitive information
ongoing monitoring for unusual activity.
Learn more about the general security of the Sharesies platform.