Secure your digital assets effortlessly with the Magic Eden Wallet's auto-lock feature. Whether you're stepping away from your computer for a short period or simply desire added security, the auto-lock function ensures your assets remain inaccessible to any prying eyes. This guide will walk you through the steps and nuances of the auto-lock feature tailored for the Magic Eden Wallet.
Understanding the auto-lock feature
The auto-lock feature automatically secures your wallet after a predetermined duration of inactivity. It's essential to know that this is not an alternative to two-factor authentication (2FA). For enhanced protection resembling 2FA, consider using a hardware wallet.
How the auto-lock feature functions
When the auto-lock is activated, your wallet will prompt for password entry after the chosen time has elapsed. This is applicable when you attempt to send funds, engage in an exchange, or access confidential data after the wallet's opening.
Regular functions like incoming transactions and price updates remain unaffected even when the wallet is locked.
Adjusting the auto-lock timer
Open the Magic Eden Wallet, click on the Profile icon, and then select Security.
Choose 'Set Auto-Lock'.
Determine the time you want the wallet to lock after a period of inactivity. Input the desired duration and click 'Save' to confirm the changes.
Manually locking your wallet
If you wish to secure your wallet instantly without waiting for the auto-lock feature, simply click the Security icon from the Profile tab and select Lock Wallet.
Behind-the-scenes mechanics
Upon locking, the wallet's files undergo re-encryption, making it impossible to execute outgoing transactions, view the secret recovery phrase, or access private keys. When unlocked using the correct password, the files are decrypted, granting full access again. The locking mechanism doesn't influence incoming transactions.
This feature fortifies your wallet against unauthorized access during active use. However, safeguarding your computer from external threats remains crucial.
The auto-lock feature of the Magic Eden Wallet is a testament to the emphasis placed on user security. It acts as an extra layer of protection, ensuring your digital assets remain safe and inaccessible during inactivity. While it's a robust security measure, always remain vigilant and prioritize overall computer safety.
For inquiries or further assistance, feel free to contact our support team. We're here to help!