Crypto Inheritance done the right way

Estate Recovery ensures your crypto assets can be securely passed on to your chosen nominee(s) without Cypherock ever in a position to compromise your assets. Since access to crypto relies on private keys, an inheritance plan is essential. Cypherock Cover protects your assets during your lifetime and provides your nominee(s) access in the future if needed.

Yes, you’ll need a Cypherock X1 to set up Estate Recovery. The process uses the X1 vault, X1 cards, and cySync app, and involves distributing your X1 cards among you and your nominee(s). You can purchase the Cypherock X1 here.

A Designated Nominee is a trusted person you choose to receive your crypto assets when your Estate Recovery plan is activated. They will receive an email with instructions to securely access your assets.

Yes, you can add up to two nominees in your Estate Recovery plan. If you select two nominees, the second nominee will receive the recovery email three months after the first nominee.

No, the nominee will need at least 2 X1 cards or 1 X1 card plus the X1 device along with the PIN set by you to access the seed phrase.

No, the nominee doesn’t need to use the same X1 device/vault. They can purchase a new X1 device and recover the crypto assets once the Estate Recovery is triggered.

Yes, Estate Recovery supports inheritance for all your crypto assets, even those not directly supported on the Cypherock X1. Your nominee(s) will receive access to your X1 cards and the PIN you had set, which contain your wallet’s seed phrase, allowing them to recover all assets associated with your wallet.

No, Cypherock cannot see your seed phrases. The private keys never leave your Cypherock X1 hardware and only an encrypted message is stored on the Cypherock server that only you can decrypt. Cypherock Cover prioritizes security, using advanced encryption to protect all critical information.

Yes, you can nominate anyone, including a lawyer, family member, or trusted acquaintance, as Cypherock Cover operates independently of legal custody requirements.

There are a few cases and features that take care of our users even if the company goes bust:

1. Cypherock X1 is an open-source product that lets developers build on top. So, even if we go bust, the software survives for eternity. Here is the link to the codebase.
2. Cypherock X1 allows users to view the seed phrase of any wallet secured by it. With the X1 Vault and any one X1 Card, users can view the seed phrase and transfer assets to another BIP39-compatible wallet. Here is the video guide.
3. We will soon release an open-source Android and iOS app to recover the seed phrase using any 2 X1 Cards and a PIN. Here is a prototype video.

No, you need at least 2 of the 5 hardware parts to access your wallet. The inheritance process relies on the X1 vault, X1 cards, and cySync app, with the X1 cards securely distributed between you and your nominee(s).

Yes, you can include your wallet passphrase in the message field within Estate Recovery, allowing your designated nominee to recover your crypto assets.

If your nominee passes away, they won’t be able to recover your wallet, and the Estate Recovery process won’t be executed. However, you can update your designated nominee at any time in the CySync Cypherock Cover dashboard.