Can I lose my money?

Using Moneda is not exempt of risks. Unforeseen events can always happen, but they are extremely unlikely. Moneda is designed to prioritise your safety

  1. Price stability: Your funds are held in stablecoins, pegged to assets like the Euro or US Dollar, reducing price volatility and providing stability.
  2. Self-custody: We use blockchain technology on the Base Network to secure your assets. As a self-custodial platform, you retain full control of your funds, eliminating reliance on middlemen who could pose security risks.
  3. Social Recovery: You can recover access to your account with the help of Recovery Contacts in case you lose access to your Passkey.
  4. Reliable systems: Third-party hacking or issues with the Base Network, its rigorous audits and strong track record make such events highly unlikely.
  5. High security: By securing your own private keys via passkey authentication, you can confidently manage your funds, knowing your safety is our highest priority.