A beginner in the world of cryptocurrency might face significant challenges in managing and safeguarding their cryptocurrencies. Designed to ensure high levels of security, ease of use, and convenient access, the Arculus wallet is the perfect solution to such problems being faced by individuals. Before embarking on the use of the wallet, let's understand the basics of the platform and how to login into the platform as well.

Introduction to Arculus wallet

Combining advanced security measures with a user-friendly approach, Arculus wallet is a cold storage crypto wallet. It comes in the form of a sleek, metal ‘key card,’ which grants secure access to your crypto holdings when paired with a mobile application. This wallet makes use of NFC (Near Field Communication) technology which eliminates unnecessary cables and reduces chances of attacks.

The key benefit of using Arculus wallet is its enhanced security and simplicity. It has private keys that are stored in a secure manner on the key card, which remains offline, eliminating risks of attacks. Besides, it is designed in a simple and intuitive manner and comes with broad crypto support. Further, it facilitates offline storage, which reduces the chances of cyberattacks.

Initial setup and getting started

Arculus wallet has a pretty straightforward approach to getting started. All you need is the key card and the mobile app. Follow the following steps:

1. Download the app and install it on your mobile device.
2. Follow on-screen prompts after opening the app and create a new account. Create a unique PIN and biometric authentication.
3. Pair the key card with your wallet using the NFC technology on your smartphone. This can be done by holding the card against your phone.
4. Arculus comes with a recovery phrase and this is very important. Store it safely and do not share it with anyone else.

Security features

Arculus features robust security features, which stresses on protection of the private keys of users and keeping their assets secure.

1. Secure key cards: The key card stores all your private keys offline and uses the EAL6+ embedded secure element technology, which ensures the advanced security of your data. Without physical possession of your card, private keys cannot be extracted at all.
2. Biometric and PIN protection: With additional authentication features like PIN, fingerprint or face recognition, Arculus provides additional protection. Execution of transaction without the permission of the owner is impossible due to these multi-factor authentication features.
3. NFC connection: The wallet relies on NFC technology and not on USB or Wi-Fi to pair with your device. This reduces any opportunity of hacking and safeguards your device even further.

Supported cryptocurrencies and transactions

Major cryptocurrencies are supported by the Arculus wallet, along with other digital assets as well. The mobile app gives you a complete overview of your crypto balance and allows you to initiate transactions as well. Just open the app, enter details, tap the key card, and confirm the transaction. It is extremely simple to send crypto from the Arculus wallet.

As for receiving assets, the process is equally simple as well. Just provide the public address of your wallet or the QR code to the sender and the transaction will complete after confirmed on the network. Your crypto balance will show on your wallet.

Backing up and restoring your wallet

Backing up your wallet is extremely important and Arculus wallet stresses on the same. When you set it up, you get a 12-word or 24-word passphrase for recovery. This is the ultimate backup you have and can be extremely beneficial in the case of any theft, loss or damage.