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Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Following a recent iOS update, some users have reported issues recovering their wallet from iCloud backup on a new device. If you create an iCloud backup, we strongly recommend also creating a manual backup of your Secret Recovery Phrase as a secondary safeguard. See Troubleshooting iCloud backup recovery for details.
Kraken Wallet now offers encrypted iCloud backups for your Secret Recovery Phrase. To learn more about this feature, please visit our iCloud Backup blog post.
This guide covers how new or existing Kraken Wallet users can create an encrypted iCloud backup.
For details on how to recover your wallet using iCloud backup, please refer to the following guide: Recovering your wallet with iCloud backup.
Please be aware that iOS supports the sharing of passkeys between users, such as for family accounts. When you create an iCloud backup for your Kraken Wallet, this backup is stored in a passkey. If you share your passkeys with others, then you are sharing access to your Kraken Wallet.
Before creating an iCloud backup, consider whether you share your device or iCloud account with others. Anyone who has access to both could potentially access your Kraken Wallet, even if you've set a password for the app.
Update your Kraken Wallet app to the latest version.
Update your mobile device to iOS 17 or later.