When using a cryptocurrency wallet, it's crucial to be prepared for any possible situations, including those where you might be forced to give up your digital assets under threat. To minimize risks in such cases, DeusWallet offers a unique feature — the Duress Wallet.
What is a Duress Wallet in DeusWallet?
The Duress Wallet feature in DeusWallet allows you to create an additional wallet containing a small amount of cryptocurrency that you are willing to hand over in case of a threat. This wallet can be created on the same device, with access controlled by a special PIN code different from your main one
How to Set Up a Duress Wallet in DeusWallet?
To use the 'Duress' feature in DeusWallet, follow these simple steps:
Risks and Benefits of Using a Duress Wallet in DeusWallet
While a Duress Wallet can be helpful, it’s essential to understand the associated risks:
Nonetheless, using the 'Duress' feature helps protect the majority of your assets. We recommend you review the DeusWallet user guide for more detailed information.
How Likely Is It That You’ll Need the 'Duress' Feature?
While the likelihood of needing a Duress Wallet in a physical attack is relatively low, this feature represents an essential element of protection. It is important to avoid publicly disclosing information about your digital assets and use other DeusWallet security features to reduce risks.
Conclusion
The 'Duress' feature in DeusWallet provides you with an additional layer of security in extreme situations. However, remember that your life is always more valuable than any digital assets. Use all available means to enhance the security of your funds and avoid situations where you could become a target.