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Safety & Security

PreviousAccount AbstractionNextTradable Tokens

Last updated 11 months ago

Typical Externally owned accounts (EOAs) require users to store private keys and seed phrases themselves, which can be a daunting task. Losing access to these sensitive pieces of information can result in the total loss of assets in the wallet, making it a single point of failure. This can be overwhelming for new users, who may be deterred by the complexity and potential risks involved.

In contrast, Nexabot’s hybrid-custody model eliminates this single point of failure, providing a more secure and user-friendly experience. By leveraging the benefits of account abstraction, we can offer a more robust and reliable solution that is less prone to errors and more accessible to all. Although Nexabot uses hybrid-custody account abstraction technology to ensure the security of your wallet, we still recommend the highest of security practices for storing your Telegram and Google/Apple account credentials.

For Telegram:

  • for your Telegram account

  • a recovery email

For Google/Apple:

  • Set up 2FA for logging into your respective account

  • Add a recovery email/phone number

Set up 2FA
Add
Google
Apple
Google
Apple