Hexa Wallet Description
The checking account has a single signature, while the savings account has two-of-three multisignature accounts. Your Bitcoin savings go into the savings, which requires 2FA verification to authorize spending. The checking account is for frequent spends, and transferring sats with friends and family. What is a Bitcoin address and how do I use it? How do I send Bitcoin to someone else? What does transaction confirmation refer to? The test account allows you to learn Bitcoin and explore the features of the wallet. Level 1 backup eliminates the need to make any effort to back up the wallet. They just need to allow Hexa backup their wallet on their cloud. As they become more confident in using the wallet, and stack more sats, they can upgrade to Level 2 Backup. Behind the scenes, a new address for each transaction is generated. Batch processing allows you to pay multiple addresses at once and save on transaction fees.