FAQs on Bitcoin and Crypto wallets
Payperless support is here to help you get started and to answer any question you have about using Payperless. Read our FAQ on BTC and crypto wallets.
Payperless wallet is a free crypto wallet for your cryptocurrency storage, that allows you to keep it securely. We do not have any trial period because our wallet for crypto is totally free for you.
You can install Payperless crypto wallet app on an unlimited number of devices, but for your safety we recommend that you install the app on those devices where you will be sure that it is protected from possible malware. The best thing is to install the app on a mobile device that is fully protected from external exposure via the Internet, and connect the Internet to it via a secure connection to provide increased security. In addition, you will have a password to make cryptocurrency transactions, which also increases the level of security.Binding to new devices is based on a secret phrase that is given to you when you first register your crypto wallet.
Binding to new devices is based on a secret phrase that is given to you when you first register your crypto wallet.
Crypto wallets on crypto exchanges focus more on the functionality of moving crypto in and out of the wallet. For this singular reason, it becomes porous to continuous attacks from hackers. However, payperless is bringing a twist to its crypto wallet offering. It combines both security and safety with its quick and seamless crypto services.
Payperless is top of the list of the safest crypto wallets. Of course, there are different crypto wallets on the internet. For users that need advanced functionality, the Electrum crypto wallet is a preferred option.
Payperless is the best Ethereum wallet. It is a safe and easy-to-use crypto wallet. Payperless allows its user to manage their cryptocurrencies within seconds. You can use this wallet to manage and complete your Ethereum cryptocurrency transaction in minutes. What is more? Payperless allows you to track your portfolio and expenses.
Managing your crypto wallet is seamless on Payperless. To begin, you need to create your crypto wallet on our platform. This setup will take one to two minutes to complete. You need to register your account. In this action, all you need to provide is your phone number. You do not need to go through a registration or Know-Your-Customer process. You only need to sign up with your mobile number and proceed to start trading.
When it comes to easy-to-use wallets, Payperless comes top on the list of crypto wallets that focuses on beginners. Our partner platform, Coinbase, also offers a great service for beginners that are starting their cryptocurrency journey. Payperless is efficient in providing an instant onboarding experience for beginners and experienced users to transact and store their crypto assets.
With payperless, you can add money to your crypto wallet in a few clicks. After registering your account using your phone number to get started, you can use your credit card, debit card, bank transfer, or cryptocurrency exchange to fund your wallet. You can fund your wallet with cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), and several other cryptocurrency options.
Once you get your deposit in your Payperless crypto wallet, you can view and interact with the different cryptocurrencies you have. You have the information of your cryptocurrency wallet from payperless platform to allow you receive or transfer crypto to and from your wallet. When you initiate a transaction from your wallet, you see a corresponding crypto debit or credit information affecting your balance.
Getting a crypto wallet on Payperless is free. While other platforms place a levy on owning a crypto wallet, Payperless provides crypto wallet addresses free for its users. You can go on Payperless to start the process of provisioning your crypto wallet. You can be sure of getting your secure and easy-to-use crypto wallet in a matter of minutes.
Crypto wallets are the top targets of hackers. The main aim is to transfer the crypto assets in the account to another account. For most crypto wallets that are online, it is almost easy to get their access keys. For payperless systems, there is little or no risk of your wallet getting hacked. Payperless deploys a secure system that safeguards and ensures your crypto assets are in your wallet.
You can protect your Payperless crypto wallet by not exposing your private encryption key. You should also consider storing most of your cryptocurrencies in a cold wallet. A cold wallet is not connected to the internet. Hence, it is less prone to cyber-attacks. You should also use only secure internet links. Finally, make sure you do not expose your Payperless login details.
Universal crypto wallets are wallets that can hold multiple cryptocurrencies. They allow easy transactions and swapping of the different crypto options available. Payperless provides a universal crypto wallet option as it can hold several cryptocurrencies in its wallet. To transact with any cryptocurrency, you should consider Payperless as your choice crypto wallet because of its universal crypto wallet option.
Passing KYC multiple times may be necessary because each provider, including Payperless, has its own KYC procedure. KYC (Know Your Customer) is a regulatory requirement to ensure the legitimacy of users in financial transactions, especially in the context of buying and selling crypto. Our on-and-off ramp implements its own KYC process to adhere to these regulations. Therefore, completing KYC with each provider is essential to meet the specific requirements of that platform and maintain compliance in the crypto space.
You may need to pass KYC again for the same provider because periodic checks are conducted to ensure ongoing compliance. Each provider, including our application, has its own KYC procedure to verify user identities for buying and selling crypto. Regular KYC updates are required to maintain the security and integrity of transactions, and this is why providers may ask users to undergo the KYC process from scratch at certain intervals.
Yes, you can permanently delete your account along with all associated data. To do this, please follow the steps below:
- Open Payperless Wallet app
- Navigate to the Profile section
- Select Delete Account
Please be aware that once your account is deleted, you will lose access to your account and any wallets within the Payperless Wallet app. All of your data will be removed immediately. We cannot restore any deleted information, including the keys to your wallets.