Note: This article is about the Swoo Crypto Wallet feature. Depending on your country, some features may not be available. Please check the app to see what's available in your region.
Your crypto assets' security is our top priority. The Swoo Crypto Wallet employs multiple layers of protection to keep your digital assets safe:
Crypto Wallet Security Features
Wallet Access Control
You must set up authentication in your system settings to access your crypto wallet. This ensures that only you can access your crypto wallet, even if your device is lost or stolen.
Transaction Verification
Every crypto transaction requires your explicit confirmation. You'll review transaction details (amount, recipient address, fees) before approving any transfer of your digital assets.
Blockchain Security
All crypto transactions are secured by blockchain technology. Once confirmed on the blockchain, transactions are immutable and protected by cryptographic protocols.
Identity Verification (KYC)
Know Your Customer (KYC) verification helps ensure security and compliance with legal requirements for crypto services. This process protects you and other users from fraud. Learn more in our article: What is identity verification and why is it needed?
Risk Monitoring System
Our internal risk monitoring system actively detects and blocks suspicious crypto-related activity before any harm occurs, providing 24/7 protection for your digital assets.
Best Practices for Crypto Security
Always verify recipient addresses before sending crypto
Keep your app updated to the latest version
Enable biometric authentication for additional security
Be cautious of phishing attempts