MT Wallet Review – MT Wallet Is Very Easy To Use

The MT Wallet was developed by the ModulTrade project for the MTRc token. It is a web wallet that supports BTC, ETH, and MTRc, which MT Wallet users can trade (buy/sell). Additionally, the users are allowed to proceed payments to the smart-contract on ModulTrade trading platform (as an interface for MT blockchain).

What Is MT Wallet

MT Wallet is a new generation of crypto wallets which opens payments on Blockchain for everyone. It is a web-based interface that was developed to proceed both payments to the smart-contract on the ModulTrade trading platform (as an interface for MT blockchain) and to provide other cryptocurrency transactions. It consumes little computer memory and supports multi-crypto currencies (MTRс, ETH and BTC).

The MT Wallet was developed by the ModulTrade project for the MTRc token. It is a web wallet that supports BTC, ETH, and MTRc, which MT Wallet users can trade (buy/sell). Additionally, the users are allowed to proceed payments to the smart-contract on ModulTrade trading platform (as an interface for MT blockchain).

MT Wallet Key Details

How To Install MT Wallet ?

Registration

1. Visit our dedicated page at https://wallet.modultrade.com/signup and Fill up the form
2. Create your secure password and confirm it. And don’t forget to confirm ‘Captcha’ and ‘Term & Conditions’ after reading it over. Store your password safely, don’t lose it and don’t share it with anybody.
3. Check your email box for email confirmation link. Tap the link and finish with signup.
   
4. Congratulations! You have successfully created your ModulTrade wallet.
   Now you have to set the things up in order to make your
   wallet communicating with the world:
5. Sign-in and tap your name in the right upper corner for ‘Edit profile’ button to appear.
6. Go into your profile and Complete the form with the fields remain incomplete: Choose your document type from the dropdown menu Input document number
   Put the residence address: Country, City, post address, zip code.
7. Ensure you’ve put correct data and Tap ‘Update!’ button

KYC Goals

The KYC guidelines in this document are aimed at preventing MT from being used, intentionally or unintentionally, by criminal elements for money laundering activities or terrorist financing activities. KYC procedures shall also enable MT to know and understand its Customers and its financial dealings better which in turn will help it to manage its risks prudently. Thus, the KYC policy has been framed by MT for the following purposes:

1. To prevent criminal elements from using MT for money laundering activities;
2. To enable MT to know and understand its Customers and their financial dealings better which, in turn, would help the MT to manage risks prudently;
3. To put in place appropriate controls for detection and reporting of suspicious activities in accordance with applicable laws/laid down procedures;
4. To comply with applicable laws and regulatory guidelines;
5. To ensure that the concerned staff are adequately trained in KYC/AML/CFT procedures

How To Secure Your MT Wallet?

There Are A Number Of Ways To Keep The “Bad Guys” Away From MT Wallet. And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.

Step 1 : Store Your Token Pocket Wallet Private Keys Offline: Print Them Out On Paper

The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:

The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.

Step 2 : Setup Second Step Verification

Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Wallet Or Make Transfers.

We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The MT Wallet Offers To Activate 2fa Already At The Registration Stage.

Step 3 : Create A Strong Password For Your MT Wallet

If You Decide To Use A Web Wallet, Which Is Recommended Only For Small Transactions, Always Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.

Step 4 : Learn To Recognize Phishing Sites

Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.

The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.

Step 5 : Don’t Click On Links In Emails

Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like Support@xy-z.com Instead Of The Present Support@xyz.com. These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.

This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:

Step 6 : Install Or Use Trusted Antivirus

The First Thing You Should Do After Installing A MT Wallet Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.

Step 7 : Never Disclose Your Private Keys

Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases

Final Thought

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