Frequently asked questions

Question 1

What is RaiPay?

Accepted Answer

RaiPay is a lightweight software wallet / hot wallet for managing crypto assets. RaiPay focuses on simplicity and security through a clean interface suitable for everyday use, released in July 2024 and offered as FREE.

Question 2

Is RaiPay safe & legit?

Accepted Answer

Verified public details about RaiPay security track record, custody model, and source code availability are not confirmed. Before using RaiPay, review official documentation, confirm whether RaiPay is custodial or noncustodial, look for independent audits, and enable protections such as strong passwords, device biometrics, and recovery phrases where available.

Question 3

Who created RaiPay?

Accepted Answer

RaiPay was created by the eCash (XEC) community.

Question 4

Where is RaiPay's company based?

Accepted Answer

The company behind RaiPay has not publicly disclosed a headquarters location.

Question 5

How does RaiPay work?

Accepted Answer

RaiPay is a software wallet that can be installed on Android and iOS. Users download RaiPay, create a new wallet, and secure RaiPay with a recovery phrase and an optional passcode.

Question 6

When was RaiPay launched?

Accepted Answer

RaiPay was launched July 24 2024.

RaiPay

Tags

Form

Storage

Platform

Software

Custody

Source

Security

Connectivity

Recovery

Strengths

Weaknesses