Non-Custodial Wallet (NCW) Solution

Crassula's Non-Custodial Wallet (NCW) is a revolutionary product designed to give users complete control over their digital assets. Unlike custodial wallets, where a third party holds your private keys, NCW ensures that you are the only one who has access to your funds. This means enhanced privacy, security, and autonomy over your assets. The product is distinct from Crassula’s banking solutions and is focused entirely on providing a decentralized and user-controlled crypto management experience.

Feature Highlights

Complete Ownership: Users hold their private keys, ensuring total control over their funds.
Flexible Wallet Management: Create new wallets or import existing ones using private keys or QR codes.
Secure Backup: Options include paper backup or local storage for enhanced security.
User-Friendly Interface: Real-time tracking of assets and seamless transaction management.

Crassula’s NCW is the perfect tool for anyone looking to manage their cryptocurrency assets with absolute control and privacy securely.

How it works

Account Creation: Users start by creating a new account directly in the NCW app. This process is straightforward, ensuring accessibility for both beginners and experienced users.
Email Verification: To secure the account, users verify their email through a one-time authorization code. This step is crucial in safeguarding the wallet and ensuring only the rightful owner has access.
Backup Process: After verification, users are prompted to create a backup of their wallet. This can be done through generating a paper backup (QR code) or securing the secret key in local storage. This backup is essential for account recovery in case the device is lost or changed.
Non-Custodial Nature: Unlike custodial wallets where the service provider holds the private keys, the NCW ensures users have full control over their private keys. This means only the user can access and manage their funds, enhancing privacy and security.
Importing Existing Wallets: Users can import existing wallets into the NCW by entering the private key or scanning a QR code. This flexibility allows users to manage multiple wallets within a single app.
Managing Funds: Once set up, users can view their portfolio, track cryptocurrency prices, and send or receive funds directly within the app. All transactions are securely processed on the blockchain without any intermediary control.
Security Measures: The NCW incorporates robust security measures, including private key encryption and secure backup options, ensuring that users' assets remain safe from unauthorized access.