description PALLET S Overview
PALLET S is a passively secured hardware wallet utilizing a secure element chip and PIN authentication for enhanced protection against unauthorized access to cryptocurrency holdings during storage.
help PALLET S FAQ
What is PALLET S?
PALLET S is a hardware wallet for storing cryptocurrency holdings. It uses passive security features, a secure element chip, and PIN authentication.
How does PALLET S protect cryptocurrency?
The device is described as using a secure element chip and PIN authentication to help prevent unauthorized access. It is intended for storage rather than serving as an online exchange account.
What does passive security mean for PALLET S?
Passive security means the wallet is designed to protect stored assets without relying on constant active monitoring or network activity. Users still need to protect the device, PIN, and recovery information.
Is PALLET S a software wallet or a hardware wallet?
PALLET S is a hardware wallet, meaning the security device is a physical piece of hardware. Its secure element and PIN system are intended to protect access to cryptocurrency holdings while stored.
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