Lykke, a Switzerland-based blockchain business company,summarised features and tips for using its private wallet as below.
Lykke Private Wallet is able to add other digital wallets in Android and iOS.
3 types of private wallets for users:
- Private. Choose this type if you need to create a new wallet to store your assets. You can transfer your crypto assets to your new private wallet using wallet address and/or QR-code. Also, you can deposit fiat using VC or Credit card.
- Existing. Select an existing wallet in case you already have digital assets and want to transfer these from an existing wallet to your Lykke wallet instead of adding the address via scanning QR-code or copy/paste.
- Cold. Cold wallets are used to receive and save funds offline. A 12-word seed security code is required to spend or transfer funds from the cold wallet. If you lose it, you will not be able to regain access to your funds. *for iOS only.