The "Self-Recovery" feature is designed for experienced users familiar with mnemonic phrases and understand the potential risks involved. With this feature, you can completely control the recovery process and import your mnemonic phrases to generate your wallet portfolio independently. This section provides a step-by-step guide for seasoned crypto users to manage their assets confidently using the Self-Recovery method within HASHWallet.
Choose Your Recovery Method (Coming Soon)
Future updates to the HASHWallet Manager will introduce a critical decision point in your security setup: selecting a recovery method for your imported wallet. You will have two options:
- Backup Center: Choosing our secure Backup Center enables you to profit from eSignus unique recovery system, which provides a safeguard in case you need to recover all your keys. It's a user-friendly choice that allows for the safe disposal of your seed phrase if you don't intend to export it to other platforms. This method is ideal for users who prefer a balance between security and convenience.
- Self-Recovery: For those well-versed in managing seed phrases and understanding their implications and risks, this option gives you complete control over the recovery process. It is recommended for experienced users who are comfortable with independently managing their security.
Each option has been designed to cater to different user preferences and levels of experience with cryptocurrency management. Please consider your familiarity with digital asset security before making a choice.
The next steps are straightforward once you've selected your preferred recovery method. Simply follow the detailed instructions in the "Importing Your Mnemonic into HASHWallet Step-by-Step" section. This guide is designed to walk you through each process stage, ensuring a smooth and secure import of your seed phrase into HASHWallet.
Setting Your PIN for Self-Recovery
If you've opted for Self-Recovery without a passphrase, it's essential to set a unique Personal Identification Number (PIN) for an added layer of security:
- PIN Creation: This PIN is necessary for authorizing transactions. It cannot be retrieved if forgotten, so it's vital to remember it or keep it recorded in a secure location.
- PIN Usage: You must enter this PIN every time you initiate a transaction, providing an extra security measure for your HASHWallet.
- Security Advice: We strongly recommend storing this PIN in a secure place, separate from where you keep your HASHWallet card, to prevent unauthorized access.
- PIN Complexity: Create a 6-digit PIN that is not easily guessable. Avoid simple or repetitive sequences, like '123456' or '111111'. Instead, use a random combination that is meaningful to you but would be challenging for others to guess.
Remember, creating and securely storing your PIN is vital in digital assets, ensuring exclusive access to your funds. Should you forget your PIN, there's no need to worry – you can always re-import your portfolio using your mnemonic phrase.