Wallet Pro

Important Announcement: OwlPay Wallet Pro is Upgrading to an Unhosted Wallet

May 19, 2025
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We are excited to announce a major upgrade to OwlPay Wallet Pro!

As part of our infrastructure improvement, we will soon transition to a non-custodial (unhosted) wallet system based on mnemonic seed phrases (BIP-39). This upgrade will give you greater control, easier backup, and enhanced security for managing your digital assets.

However, action is required to ensure you maintain full access to your existing wallet.

 

🔔 Key Upgrade Highlights

  • Transition to Mnemonic Seed Phrases (BIP-39):
    Manage multiple wallets with a single recovery phrase, simplifying backup and recovery.

     
  • Greater Ownership and Security:
    You are now in complete control of your assets. Only you hold the keys.

     
  • Streamlined Wallet Management:
    Easily create and recover wallets under one mnemonic phrase, improving flexibility and convenience.

     

⚠️ What You Must Do 

After the upgrade, your current wallet will no longer be accessible through the OwlPay platform unless you export your private key beforehand.

To keep your existing assets safe, please export and securely store your private key by following these steps:

  1. Log in to your OwlPay Wallet Pro account.

     
  2. Navigate to Settings > Security > Private Key.

     
  3. Follow the instructions to export your private key.

     
  4. Store your private key securely.
    ➔ Important: Never share your private key with anyone.

     

If you fail to export your private key, you may permanently lose access to your wallet.
In limited cases, recovery may still be possible if you complete proper identity verification. If needed, please email us at customer_success@owlpay.com  from your registered email address for assistance.

 

🛠️ What's Coming Next

  • Seamless Backup and Recovery:
    One recovery phrase for all your wallets.

     
  • Simplified Wallet Management:
    Effortlessly manage multiple assets under a single mnemonic setup.

     
  • Enhanced User Experience:
    A more secure, flexible, and independent wallet solution.
     

❓ Need Help?

If you have any questions about this upgrade or need assistance exporting your private key, our support team is ready to help.
Please contact us at customer_success@owlpay.com  — we’re here for you!

 

💬 Thank You for Being Part of OwlPay

We sincerely appreciate your trust and support as we continue to enhance the OwlPay Wallet Pro experience.
This upgrade is an important step toward empowering you with greater security, flexibility, and independence in managing your assets.

Stay tuned for more exciting updates!

— The OwlPay Wallet Pro Team

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