CoinRabbit has always opted for anonymity since the very beginning. That is why we don’t have any KYC procedures to take out a loan or open a savings account. However, we understand that in today’s realities security is the most important thing in the crypto sphere. You asked and we did it – we’re happy to present a new method of authorization – Emails!
Let’s start with the reasons for our update. In the epoque of hacker attacks, it’s more than important to protect our clients and their funds, which is the main reason for implementing email authorization. With emails, you can stay absolutely calm about the fate of your loans and savings! Watch yourself:
As you can see in the screenshot below, everything has remained the same on the homepage. That’s why it would be hard to notice this significant change without our little help 😉
However, if you click on “My loans” or “My savings” on the “Earn” page, you’ll see the field where you have to enter your phone number and below it, you’ll see the “Verify with email” option.
If you click on it, your empty field will change from “Your phone number” to “Your email”. Isn’t it so cool?!
You have complete freedom to choose which method of authorization you like more. However, we changed the phone number to email as the default method when you choose to take out a loan or open a savings account on CoinRabbit. This means that you’ll see the “Your email” field in the first place when confirming any operation.
Once you enter your email address, you’ll have to verify it with the special code sent to it. Beware of any scams and always check the email that you got the code from. It should be firstname.lastname@example.org. Also please do not respond to those emails, they are sent out automatically. If you want to contact us, join our Telegram group or write to the customer support chat.
We understand that this question is the most important one right now. We’re ready to help you out, just follow these simple instructions and don’t worry, adding your email doesn’t require any hard steps!
Both. In the case of crypto-backed loans, you will be notified of the risk zones and liquidations via your email, too. We’re doing everything possible to save your loans and provide the best user experience on the market.
When you add your email address to your account, the verification codes will be sent only there.
Emails are a more secure way to keep track of your assets and we totally understand that, especially since we do not require any KYC procedures. We hope to have made your experience with CoinRabbit even more pleasant and safe.
Time to try out this new email feature and get a loan!
Or open a savings account and start earning that 10 % APY!
Not financial advice. Do your own research and take everything moderately.
Crypto-backed loans have their own risks that should be taken respectively.