Damex App

Damex
Glossary

What is a Multisig Wallet?

A Multisig Wallet is a digital wallet that requires multiple private keys to authorize a transaction.

How do Multisig Wallets enhance security?

Multisig wallets enhance security by requiring multiple approvals for transactions.

How does a Multisig Wallet work in simple terms?

A Multisig Wallet needs more than one person to approve a transaction, similar to needing multiple signatures to access a safe. This adds an extra layer of security to your digital assets.

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