How are my savings protected?
Savings offers a secure alternative to the traditional USD & BTC Wallet, providing a "bunker-like" experience for you to store and earn a return on your savings with peace of mind.
There are two main ways that Savings offers you protection:
1. Savings is not directly connected to debit card transactions or external financial transfers
You must first transfer funds to the USD or BTC Wallet before they can be spent via debit card transactions or be transferred out. This means that if your card is stolen or compromised and payment attempts are made, all funds in your Savings will be protected from being spent.
2. A PIN/biometric validation is required when transferring funds out of Savings
Only you should be able to decide when your funds in Savings are transferred out.
If you require assistance, please reach out to us via in-app chat or email [email protected]. We would be happy to help.
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