OISY Wallet is promoting an alternative to traditional crypto wallet access, allowing users to sign in through passkeys and familiar identity services instead of writing down and storing a seed phrase.
The wallet supports sign-in through passkeys, Internet Identity, Google, Apple and Microsoft, according to its latest announcement.
Traditional cryptocurrency wallets commonly provide users with a recovery phrase, usually made up of 12 or 24 words. Users are expected to keep this phrase secure, as losing it can mean losing access to their wallet and funds.
OISY’s approach aims to make wallet access more familiar by using authentication methods that people already use for other online services. A passkey, for example, can allow users to authenticate through their device’s security features.
The company says users do not need to write down a seed phrase to get started with OISY. Its promotional material presents this as a simpler way to access a crypto wallet, particularly for people who may find traditional wallet setup and recovery procedures difficult.
However, avoiding a written seed phrase does not remove the need to understand how wallet access and account recovery work. Users should check the wallet’s security and recovery arrangements before storing digital assets, including what happens if they lose access to their device or linked account.
The announcement reflects a broader effort across the crypto sector to make wallet onboarding easier by reducing the technical steps involved in managing digital assets.
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