Frequently asked questions

Question 1

What is HyperPay Off-chain?

Accepted Answer

HyperPay Off-chain is categorized as a software wallet and hot wallet. HyperPay Off-chain is designed for managing a wide range of cryptocurrencies, including BTC, ETH, ERC-20 tokens, QRC-20 tokens, EOS tokens, and over 150 other mainstream tokens. It also supports multi-signature management for groups and organizations.

Question 2

Is HyperPay Off-chain safe & legit?

Accepted Answer

HyperPay Off-chain employs a security strategy based on an SBC risk control system and a team of blockchain security experts. However, it's important to note that the wallet is managed by HyperBC, which holds a compliant custody license. This indicates that HyperPay has access to user funds, making it a custodial wallet. Users should be aware of this custodial nature when considering the wallet's security and control over their assets.

Question 3

Who created HyperPay Off-chain?

Accepted Answer

HyperPay Off-chain was developed by HYPERPAY CO. LTD.

Question 4

Where is HyperPay Off-chain's company based?

Accepted Answer

The company behind HyperPay Off-chain, HYPERPAY CO. LTD, is headquartered in Hong Kong, China.

Question 5

How does HyperPay Off-chain work?

Accepted Answer

HyperPay Off-chain allows users to store and manage cryptocurrencies off-chain while keeping private keys locally on their devices. Transactions can be managed individually or via multi-signature for group accounts. The wallet supports investment options, asset trading, and smooth integration with exchanges for easy swaps and transactions.

Question 6

When was HyperPay Off-chain launched?

Accepted Answer

HyperPay Off-chain launched around August 06, 2018.

HyperPay Off-chain

Tags

Control

DeFi

Trading

Web3