What are the security questions during wallet setup, and why are they important?

Modified on Mon, 3 Mar at 10:13 AM

During the wallet setup, you'll be prompted to answer several security questions. These serve as an essential backup measure for wallet recovery because Shipfinex operates a non-custodial wallet system. This means:

  • Ownership: You are solely responsible for your wallet's private keys and security.
  • Recovery: If you forget your wallet credentials or lose access, these security questions (and their answers) are your only way to regain entry.
  • Irrecoverability: Shipfinex cannot reset your wallet or recover your keys for you.

    Advice: Choose answers that you can reliably remember yet are hard for others to guess. Write them down securely (preferably offline) in case you need them for future recovery.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article