In this section, we address the most commonly asked questions about security on CeDeFiAi, including how your assets are protected, how the platform ensures safety, and important tips on keeping your private keys secure.
1. How safe are my crypto assets when trasnferring them to CeDeFiAi?
CeDeFiAi is a non-custodial platform platform, hence no transfer of the assets takes place. In contrary, CeDeFiAi provides tools for viewing and managing your crypto assets via the use of aggregated CEXes, DEXes and other protocols that you choose to connect.
2. Is CeDeFiAi secure?
Yes, CeDeFiAi uses advanced security measures, including data encryption, multi-signature verification, and smart contracts, to ensure user asset safety.
3. How does CeDeFiAi ensure the safety of my assets?
Your assets are stored in your connected wallet, and CeDeFiAi does not have access to your private keys. This ensures decentralized control over your funds. Please note, should you lose access to your wallet, CeDeFiAi cannot assist in reclaiming control. Hence, it is your responsibility to store your private keys securely.
4. Does CeDeFiAi have access to my private keys?
No, CeDeFiAi does not have access or control over your private keys. Moreover, we do not require them and would never ask you to share them. Anyone who introduces themself as a member of CeDeFiAi team asking you for private keys is an impersonator trying to scam, so please be cautious and stay vigilant.
5. What security measures should I take while using CeDeFiAi?
It is recommended to enable two-factor authentication (2FA), create strong passwords within your wallet, and regularly update your browser and wallet apps to stay secure. Moreover, it is highly recommended to make use of a hardware wallet.
6. What happens if I lose access to my wallet?
If you lose access to your wallet, you will need to recover it using the seed phrase or backup method associated with your wallet provider. Please note that CeDeFiAi cannot assist you in reclaiming access, recovering passwords or seed phrase to your wallet.
7. Does CeDeFiAi collect any personal information?
CeDeFiAi does not collect personal information when you log in via Web3. Moreover, the only browser data used is associated with keeping the connection persistent and ensuring a stable connection.