Holduz: A reliable and secure crypto wallet with an innovative security system

What is Seed or Seed phrase?

The Seed phrase is a security system used in Holduz to ensure the safe storage of cryptocurrency assets. It is a 12- or 24-word sequence generated by the wallet when it is created, which the user must store in a reliable place.

The initial phrase is used to ensure the recovery of financial data in case of loss of the private key or if the user loses access to their wallet. It also allows you to create a backup copy that can be used for recovery if the device on which the account was created is lost or damaged.

This security system is more reliable than storing a private key on a computer or other device because the Seed phrase is device-independent and can be stored in a safe place, which reduces the risk of losing cryptocurrency assets.

To use the Seed phrase in Holduz, the user must store the word sequence in a safe place, such as a physical notebook or password manager. In addition, you should not store data in a digital format or send it by email or messenger, as this can lead to its theft.

The 13th word is a different word that is added to a regular Seed phrase of 12 or 24 words. It is the last sequence of 12 words used as an additional layer of security to protect your cryptocurrency assets.

The process of creating a passphrase is different from a regular 12- or 24-word passphrase. When you create a new wallet with Holduz, you will be prompted to enter an additional 13th word that will be added to your passphrase. You should write it down in a safe place to regain access if you lose your password.

This technology creates an additional layer of security for your crypto wallet because it uses a passphrase to access your financial data. This means that even if someone finds out your password, they won't be able to crack the security system without knowing the 13th word. Thus, the 13th word reduces the risk of theft of your cryptocurrency assets.

In addition, Holduz with the 13th word uses other security methods such as biometric identification, two-factor authentication, and private key encryption. Thanks to this, Holduz provides the highest level of security and privacy for your cryptocurrency assets.

When you create a new crypto wallet on Holduz, you will be asked to create twelve words that will become your Seed Phrase. These words should be kept safe and never shared with other people. If you lose access to your wallet or device, you can always restore it using this technology. However, if the attackers do manage to get access to the twelve words, they will not be able to take over your wallet, as they will get access to another one that is not related to yours.

And here's why:

One of the main advantages of this system is that it protects against social engineering attacks. If an attacker tries to gain access to your wallet, they will not be able to do so unless they have access to the thirteen words.

Holduz is a free cryptocurrency wallet that allows you to store, track, and manage various cryptocurrencies. In addition, Holduz has many advantages compared to other crypto wallets that are offered on the market.

Benefits of Holduz:

Security. Holduz has a built-in security layer that ensures the safe storage of cryptocurrencies. Each transaction is confirmed by smart contracts, making it safe and immutable. In addition, Holduz uses two-factor authentication to protect your funds from unauthorized access.

Ease of use. Holduz has a simple and intuitive interface that makes it easy to manage cryptocurrencies. In addition, Holduz has a built-in exchanger that allows you to buy and sell cryptocurrencies quickly and easily.

Reliability. Holduz has a reliable and resilient server that ensures the stable operation of the system. In addition, Holduz has a backup system that allows you to protect your funds from loss in case you lose access to your wallet.

Mobility. Holduz works on any device with Internet access, allowing you to easily manage your funds from anywhere and at any time.

Conclusions

Holduz offers a safe and convenient way to store cryptocurrencies, providing an additional layer of security through biometric identification, pin code, and passphrase.

The company really cares about protecting your data and your money, which is why it has a high level of user trust and holds a leading position in the market. If you want to protect your savings from hacking, Holduz is a great choice.