We’ve spent years building a digital fortress. With state-of-the-art MPC keyless technology and transparent Proof of Liabilities, the SwissBorg app is one of the most secure places in the world to store your crypto wealth. Our team never stops working to keep your digital assets safe from digital threats.
But as the crypto industry matures, the threats are shifting from the digital world to the physical one.
You may be aware of the rising trend of "physical crypto attacks." These are not hackers behind a screen; these are real-world situations involving extortion, coercion, or what the industry calls the "$5 wrench attack."
The primary goal of a physical attack is an instant payout. The attacker relies on fear to force an immediate transfer.
Withdrawal Protection is designed to break this cycle.
When you activate Withdrawal Protection, you are applying a strict, unbreakable Time-Lock on all crypto withdrawals.
Activate Withdrawal Protection
To activate this important security feature go on the "Profile" page.
- Select "Security".
- Scroll down and tap on "Withdrawal Protection".
- When you press the toggle, you will be asked to set the delay for your future crypto withdrawal.
- Use the handle to select the duration.
Once you set the duration, every crypto withdrawal will be delayed for the time set. You won't be able to change this delay while a withdrawal is pending. You won't be able to change the duration until the expiration of such time. Not even Support will be able to alter your Withdrawal Protection settings.
Why Withdrawal Protection
We don’t want to limit your freedom; we want to secure it. By voluntarily adding this delay to your crypto asset withdrawals, you are effectively declaring that your wealth is off-limits to coercion.
Your SwissBorg account is already fortified against hackers. With Withdrawal Protection, it is now fortified against the real world.
Activate Withdrawal Protection today. Secure your wealth, and protect yourself.
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