Caveats and Risks with the Browser Wallet
Is the browser wallet safe?
The browser wallet is very convenient. As you will see next, it takes a little effort to set up a proper digital wallet. This type of wallet is called a burner wallet. You should treat it like cash. If someone gets your phone they can send your tokens away. That being said it is perfectly fine for transactions with our XUCC coin because the tokens themselves are worthless (unlike some other crypto tokens). Additionally YOU RECEIVED YOUR PRIVATE KEY FROM OUR PROJECT AND YOU MAY HAVE IT STORED IN YOUR EMAIL. ANYONE WHO GAINS ACCESS TO YOUR PRIVATE KEY CONTROLS YOUR FUNDS (TOKENS).
The browser wallet will only support xDai and XUCC.
You can import your private key into metamask and see these tokens (with a little effort) and deposit tokens into our Pooltogether prize pool.
BOTTOM LINE: The browser wallet is easy to use and will be preferred for exchanging your tokens for rewards. However, if you decide to hold some tokens of value CREATE A BRAND NEW ACCOUNT in METAMASK.
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