🔐DEXPIRY Wallet

When creating a user account through the DEXPIRY application, the user is automatically assigned a cryptographically generated DEXPIRY address that is publicly accessible and used to store DEXPIRY tokens owned by the user. At the same time, the user is also assigned a private cryptographic key used to authorize transactions related to those tokens.

In this way, the DEXPIRY application effectively functions as a digital wallet in which the digital key for proving ownership of DEXPIRY tokens and authorizing their transactions is stored.

After creating a personal digital wallet, the user can secure a backup of their private key in one of two ways:

• by writing down the 12 words that make up the mnemonic recovery phrase (seed phrase), or

• by sending a “restore” file to their private email address.