Rahakott

Information about Rahakott Wallet

Rahakott in Estonian means “wallet”. But in this case, it is not a simple wallet, but for virtual coins. It is multicurrency: you can manage multiple accounts from one account.

Supported Currencies in Rahakott Wallet

In Rahakott, you can store, receive, and send 7 coins: Bitcoin, Litecoin, Bitcoin Cash, Zcash, Dash, Monero, Ethereum.

The service does not charge commissions for internal operations, but the network does. There are also limits: the minimum transfer amount for BTC is 0.0001, BCH is 0.00001, LTC is 0.001, ZEC is 0.0001, DASH is 0.0001, ETH is 0.003, XMR is 0.05.

Rahakott informs about the minimum fees for external transfers: BTC is 5.0E-5, BCH is 0.00001, LTC is 0.00005, ZEC is 0.00012, DASH is 0.00010, ETH is 0.001053, XMR is 0.025000.

Rahakott Wallet Features

Rahakott works in the browser. This has an advantage, as the wallet opens on both smartphones and computers. However, it should be noted that applications and programs are usually better optimized, and they can also be switched to offline mode.

According to the developers, creating a storage takes 20 seconds. Registration goes through five stages. First – choose your language (Russian is available) and enter the captcha. Second – remember and write down the mnemonic phrase on paper. Third – pass the phrase verification: enter the first and last words. Fourth – choose the currency to be stored in the wallet. Fifth – set up security: prefer a one-time password or a standard long-term one. That’s all.

Rahakott does not require revealing a phone number or email address. It also does not ask for scanned copies of personal documents. In general, the wallet developers emphasize anonymity. They claim that tax authorities and special services pressure crypto owners, and Rahakott erases their traces.

According to the developers, the confidentiality of the storage is implemented in three ways.

• Built-in mixer. It supposedly makes transactions untraceable.
• Determination. A new public address is generated for each fund transfer.
• Virtual tunnels. Users are provided with the opportunity to work in Tor-like tunnels.

The developers also claim high security. According to them, “data theft is meaningless.” In Rahakott, attention is drawn to the fact that mnemonic phrases and one-time 2FA codes are used to access the wallet, and the servers storing information are encrypted.

To ask questions about the service or express wishes, you need to contact the support service. Applications are accepted by the developers themselves, who promise to respond instantly and in a friendly manner. You can write to them at the email rahakottymyflyum@protonmail.com.

The website provides answers to frequently asked questions. It is worth referring to them to clarify basic points. For example, you can find out that the mnemonic phrase cannot be restored and that Rahakott does not send emails (this is the work of scammers).

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