Aladdin Pro Wallet Staking and Lending Service Guide

We are happy to announce that Aladdin Pro is back again with exciting new ways to help you earn more. This time we have come up with an amazing Annual Percentage Rate (APR) on Aladdin Pro’s soft-staking carnival. 

Aladdin Pro’s soft staking carnival offers extensive asset support, reliable storage, and enterprise-class security. Our new staking service boasts a highly competitive APR and is accompanied by a new lending service to strengthen liquidity access.

Aladdin Pro Wallet users can now stake directly in-wallet. By staking, users become eligible to apply for the lending service via email. There will be a screening process for all the applications received by email, after which the applicants will be contacted within 72 hours. 

Here are the details entailed within the staking plan:

Supported assets BTC, ETH 
Staking period 3 | 6 | 12 (months) 
Monthly interest rate 1.2% | 1.6% | 2%
Annualized Rate (APR)14.4% | 19.2% | 24%
Minimum staking amount0.01 BTC | 0.1 ETH
Maximum staking amount100 BTC | 1000 ETH
Interest rate payment methodUpon completion of the staking period

Note: Once a plan’s staking limit has been reached, new stakes will no longer be accepted. The interest rate for staking will be lowered in the future.

Given below are the details of the lending plan for staked users:

Eligible usersUsers staked with Aladdin Pro Wallet’s staking service
Limit70% of collateral assets
Supported assetsBTC and ETH
Monthly interest rate2.5% fixed 
Loan periodAvailable at any time during the staking period
Repayment MethodPayment upon completion of the lending period

For more information, please refer to the official Aladdin Pro Wallet announcement channel

For lending service applications and all other inquiries, please contact [email protected].

8 Pro Tips To Keep Your Crypto Wallet Safe and Secured

  • Securing your wallet is not an easy thing to do.
  • There are a lot of hackers in the crypto world.
  • Aladdin Pro is a secure crypto wallet with many distinct features.

Crypto is creating a new path into the future of finance, yet it still has some risks that have been hunting this industry since it started. Hacking is one of the most known ghosts that is still hovering around in every financial market, and the crypto space is not exempt from its haunting.

A lot of crypto wallets get hacked, making people lose millions of dollars and a lot of assets. And while this might be unstoppable for now, it still can be managed.

How does the crypto wallet hack work?

There are many ways for crypto wallets to get hacked, which is one of the main reasons why people hesitate when considering crypto as an investment.

Some of the most known ways to hack a crypto wallet are:

  • Phishing: It is the easiest and most famous way to hack a crypto wallet, it depends on making the user hand the hacker their access to the wallet. This method usually uses fake websites that require users to enter their information to become available for hackers to steal them.
  • Compromising SMS verifications: This method uses SMS verifications that are usually a part of the 2FA verification. There are many ways to do this method such as wiretapping, cloning the SIM Card, or vhishing (also known as voice phishing).
  • Malware: This is an old method that is still effective in stealing crypto assets. It works by infecting the device with keyloggers to steal passwords and PINs while you enter them.
  • Mobile applications: Not all mobile applications are secure due to the poor architecture and security backdoors.

There are many other ways for hackers to get access to the users’ crypto wallets, yet users can do many things to protect themselves and their wallets from getting hacked.

8 pro tips to protect your crypto wallet

Although anyone is a potential victim of hackers, there are some things that users can do to make their crypto wallet safer and more secure. These steps might look simple and inconsequential, but they are very beneficial and they could protect the user from major fraud.

Cold wallet, Hot wallet

When it comes to protecting your crypto assets, a cold wallet may be a better choice. Since a cold wallet does not connect to the internet, it is safer than a hot wallet against cyberattacks.

One example of this is when the Japanese exchange BITpoint discovered a $32 million unauthorized withdrawal from its hot wallet in different cryptocurrencies targeting more than 50,000 users’ accounts.

The exchange held 5 cryptocurrencies in this hot wallet, which are Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. Yet, they clarified that their cold wallet was not affected by the attack.

Secure your internet

When making crypto transactions and trades, a secure internet should be always in mind. It is better to avoid using public Wi-Fi networks and use a VPN for additional security even if you are using your home network.

A VPN is meant to change your IP address and location, which keeps your browsing activity safe and private from threat actors.

Maintain multiple wallets

There is no limitation for wallet creation, and splitting your crypto assets between multiple wallets can help you protect your assets more efficiently. You can use one wallet for daily use and keep the other assets that you don’t trade or send and buy daily in other wallets.

Secure your device

Make sure that your device is secure against any attack using the latest updates of virus definition and use a strong antivirus and firewall for better protection. This will help you avoid hackers from taking advantage of the weakness by writing code to target the vulnerability.

Keep your recovery phrase and private key a secret

It is really important to keep your recovery phrase and private key secret. The recovery phrase is a unique phrase that helps you open your crypto wallet, same for the private key. So it is better to keep them to yourself.

Keep an offline copy of your recovery phrase

It is always better to keep an offline version of your recovery phrase. You can write it down and keep it safe or you can store it on a USB drive or as an encrypted text. You can also keep an online version of it but that might not be the best solution since it could be stolen in a much easier way.

Different recovery phrases for more security

One of the common mistakes that people make regularly is using the same password to multiple accounts. This makes it much easier to steal or hack any account of yours once they got into one of them already.

It is much better to choose a different recovery phrase for each wallet. This will make it harder for hackers to get access to your assets.

Layer up for more protection

It is much better to use many layers of security to protect your digital assets. You can try face recognition, fingerprint, passcodes, or voice recognition. The more layers you have, the easier it is to protect your wallet.

There are many things to be done for protecting your crypto wallet, but on the Aladdin Pro Wallet app, security is one of the most important features. This wallet makes it much easier to keep an eye on your wallet with its layers of protection, innovative features, and its easy-to-use layout.

You can follow the Aladdin Pro wallet on its social media accounts on Facebook, LinkedIn, Twitter, Instagram, and Telegram for more tips.

Aladdin Pro Features – Everything You Need to Know

  • Aladdin Pro is a secure and easy-to-use wallet.
  • The wallet allows you to control your crypto assets
  • This wallet offers you many great features.

As technology grows and shapes our future, Web3 shapes it a step further into major technological solutions for many of today’s problems. Cryptocurrencies are now without a doubt the future of finance, yet is it easy to understand the crypto market?

The crypto market is built on complicated technology, this technology was meant to ensure that the market will not be controlled by anyone other than the investors themselves. In other words, the crypto market was designed to revolutionize finances by giving the underdog power over their assets.

As more prominent companies started investing in crypto, the market became more linked to the stock market, the Dollar index, and some significant movements such as regulations and crypto adoption.

One example of that is how federal announcements always have their impact on the crypto market’s ups and downs. Crypto investors also used this market to donate money to Ukrainian victims during the Ukrainian crisis.

The bottom line is, that while crypto is a revolutionary innovation, it is still in a deep connection with this world in every aspect.

The Aladdin Pro Wallet app is a crypto wallet where you can keep and control your crypto assets as you enjoy many exciting features. This wallet allows you to buy, sell, stake, and make transactions using only your mobile device.

Aladdin Pro Features

These are the features that can only be accessed on the Aladdin Pro Wallet app.

Access wallet through a new device

For an existing user, click “sign-in”; if you are a new user, click “create an account” and go back to the top of this blog.

After that, enter your registered email address, check your email for a verification code, and enter the code.

login screen

Once that’s done, verify your mobile phone using the verification code sent to you. Then you’ll be shifted to the identity verification, which will be done fully by our support team. All you have to do is find the “contact support” button and click it.

Identity Verification

After you click the button, choose your preferred emailing platform, and write an email to our support team requesting login approval on a new device.

Finally, our support team will get in touch with you to finalize the proceedings.

Access wallet security support

For existing users to access the wallet’s security support, they must go to the official website (www.aladdinmc.com) and click the Security Support icon.

As you get redirected to the website, click ‘allow’ on the pop-up to give access to your location.

Existing Aladdin users

After that, choose your request by clicking the drop-down button. Input your registered Aladdin Pro email address, enter your verification code, and click the “proceed” button.

To initiate the voice verification process, click on the record button to start recording your voice while you say the sentence on the screen.

Voice verification

Once you are done, submit the voice verification and you’ll be good to go.

Handover Feature

Aladdin Pro Wallet allows you to set up a handover beneficiary. In any case of deactivation or unprecedented events, the user’s wallet fund will be transferred to the chosen person.

To set your handover feature, Click on the ‘Settings’ button to open the settings panel. On the settings menu, select ‘Handover’ to open customizable options.

Handover feature

In the Handover window, users will see the ‘Enable handover’ option below the screen. Click on the toggle to enable and disable the handover feature. select the app inactivity period before the handover gets activated: 6 months; 12 months; 24 months; or 5years.

Handover feature1

After that, your screen will shift to allow you to add your chosen beneficiary’s personal information. Add their email address and phone number, and click on the “add beneficiary” button.

Add Beneficiary

Once you do that, a confirmation page will appear and the beneficiary will receive an email. They will also receive an email if they were removed from the handover feature.

Benefactors email

The beneficiary will be able to see the benefactors’ name, existing AladdinPro email address, and mobile number. However, the information will only appear once there is proven inactivity from the side of the benefactor in the span of the chosen inactivity period.

Now that you know all about our extra features and how to use them, you can start your own crypto wallet and enjoy these benefits and features.

You can also follow the Aladdin Pro Wallet on its social media accounts on Facebook, LinkedIn, Twitter, Instagram, and Telegram.

Transactions on Aladdin Pro Wallet – All You Need to Know

  • Aladdin Pro is a secure and easy to use wallet.
  • This wallet allows you to control your digital assets.
  • The Aladdin Pro Wallet allows users to control their crypto assets.

Crypto has been known for changing finances forever, as it opened the doors to easier and less time-consuming transactions. Yet, some people still see it as a risky investment, especially after hearing more about the frequent cyber crimes.

Truth be told, many cybercriminals are taking advantage of poorly protected wallets. On the other hand, this is a frequent accident, yet it is not frequent enough to the point of fear. After 13 years since the beginning of cryptocurrencies, millions of people have invested in cryptocurrencies, and while some are potential victims of cyber thefts, cybercriminals are not that likely to target everyday users.

Also, more countries are now regulating and embracing cryptocurrencies, which will naturally push the crypto sphere to become safer for investors. The UAE is one example, as it announced its plans to make Dubai the next crypto hub. France has also embraced crypto lately as it started with the Paris Blockchain Week Summit.

Crypto transactions might be complicated to understand since it is a fairly new technology that people are still trying to understand. Also, many crypto and blockchain-related terms could be confusing to some people.

Aladdin Pro Wallet is an app that helps you make transactions, buy, sell, and stake crypto easier and with a high level of security. This app allows you to manage your crypto wallet easily, as it offers you a detailed user’s guide and a self-explanatory format.

The Aladdin Pro Wallet app also offers a wide collection of tokens and coins that include Bitcoin, Ethereum, BNB, Litecoin, XRP, ABBC, TNC, DASH, and more. Also, the app allows you to follow up with your transactions as it provides detailed reports.

Transact crypto with Aladdin Pro

Managing your crypto wallet can be tricky, especially when you are a crypto newbie. However, the Aladdin Pro Wallet app makes it much easier.

Manage tokens

Aladdin Pro supports all ERC-20 tokens along with major tokens such as Bitcoin and Ethereum. To manage your tokens, you can click on the settings icon in the top right corner and then click on “manage token”, which you can find under the “general” tab.

After that, your screen will show a list of tokens, pick your preferred tokens and then go back to the wallet dashboard to find the added tokens.

Send/receive funds

To send funds, just enter the wallet address of the receiver and the exact amount of funds to be sent. You can leave a personal message on the ‘Memo’ space to the person who will receive the funds.

To receive funds, you can either share your wallet address with the sender or allow the sender to scan your wallet’s QR code.

Buy crypto with a credit card

To buy crypto with your credit card via the Aladdin Pro Wallet app, open the app and click “buy” from the bar down below. After that, you’ll see all the available coins and tokens. Click on the desired token.

After you check the price of the exchange, check the box below to agree to the terms and conditions, and press the “confirm” button.

Sell crypto with a credit card

To sell crypto tokens, choose “seller”, and check the amount while considering that it includes the fees. Then type the email address where you wish to receive the verification email.

After you receive the email, enter your verification code, check the terms and conditions box, and press the “continue” button. After that, enter the billing address,

After that, you will move to the payment review page. Read the payment review carefully before proceeding. Once you are done reading the review, press the “continue” button. Enter your card information on the “complete payment” page, check the box below, and press the “continue” button.

Transaction status

In the Aladdin Pro Wallet, transactions will have three statuses:

  • Approved by User: this means that the user has already proceeded with sending the transaction and is now waiting for the Aladdin Pro Wallet admin approval.
  • Blockchain Confirmed: it means that the transaction has been approved by the administrator and has been confirmed on the blockchain.
  • Rejected by Admin: this means that a transaction under this status is rejected by the administrator for a valid reason. For any clarifications, please contact our support team.

Convert to ABBC

To convert any token you want to ABBC token, follow these steps:

  • Click the “Plus” button on the downright corner of the Aladdin Pro Wallet app dashboard.
  • Select the first option “convert to ABBC”
  • On the screen, you can select among BTC, DASH, ETH, ZEN, and LTC tokens to convert to ABBC coins. You will see all available coins for conversion. Choose the token that needs to be converted.
  • You can enter the coin amount that needs to be converted to ABBC in the “Amount” panel.
  • Check the conversion details in the dashboard, and note that the displayed amount is only an approximate calculation of the ABBC coins you will receive excluding the fees.
  • Check the ”I agree to the terms and conditions” box and click the “CONFIRM” button.
  • Enter your current Passcode to proceed.
  • Once you confirm the transaction, the screen will show the transaction confirmation page with the TXID.
  • The ABBC coin will be transferred to your account within 1 to 2 hours after the confirmation
  • After the conversion, the deducted amount will be categorized as “purchasing”. Additionally, the user can check the transaction details.
  • Once the purchase has been completed, the user can check “ABBC purchasing“ on the transaction history of the wallet.

Now that you know all about transactions using the Aladdin Pro Wallet app, it is time to make your transactions. Enjoy our extra features and make your transactions using our easy and secure app.

You can also follow the Aladdin Pro Wallet on its social media accounts on Facebook, LinkedIn, Twitter, Instagram, and Telegram.

How to Change Your Email One Time Passcode and 2FA on Aladdin Pro Wallet

  • Aladdin Pro is a secure and easy-to-use wallet.
  • This wallet allows you to control your digital assets.
  • The Aladdin Pro wallet allows you to have extra security features such as OTP and 2FA.

As cryptocurrencies are making the future of finance, cyber crimes are spreading all over the web3 sphere. There are a lot of ways for cybercriminals to hack and steal cryptocurrencies from various wallets.

Aladdin Pro Wallet is designed to assure that its users never become a victim of any kind of cybercrime. This wallet was prepared to have many layers of security features. The wallet also offers many great features that will help users manage their wallets in an easy way.

Two of our most important security features are the Email One-Time Passcode (OTP) and Google Two-Factor Authentication (2FA). These two features are both separate but serve the exact same purpose.

This will be explained as we talk about the features, their benefits, their importance, and more.

Email One-Time Passcode (OTP)

The Email One-Time Passcode (OTP) feature is designed to help users protect their accounts by allowing a one-time entrance. This way they will guarantee that this is the only time they logged into their account. In other words, no one can use the code after it’s been used the first time.

The Email One-Time Passcode (OTP), also known as a one-time PIN, one-time authorization code (OTAC), or dynamic password, is a unique, machine-generated password that only works for one time.

The feature is designed to prevent identity theft cases by making sure that the user name and password can’t be exploited. OTP is usually used in eBanking, corporate networks, and other systems containing sensitive data.

The OTP usually consists of an alphanumeric code, and it is a part of the two-factor authentication. There are two different methods for OTP to work, the first is an already-made list of passwords that are known to both the user and the system. If one of these one-time passwords is used, the user simply deletes it from the list.

The disadvantage of this method is that if the user loses the list, an unauthorized user can get access to these words.

The second method is dynamic one-time passwords which are the most commonly used method. Hardware tokens are widely used for generating passwords on the fly. These small devices come in different forms such as key fobs or keypad devices.

These dynamic one-time passcodes usually have a display and generate one-time passwords for a login session at the push of a button. Passwords generated by these devices are often entered together with other authentication factors such as PINs or user IDs.

OTP with Aladdin Pro Wallet

On the Aladdin Pro Wallet app, you can find the Email One-time Passcode (OTP) as an option in the settings.

For this option go to the security settings and select the “Email OTP” option. After you select the option, your screen will shift to a number plate with space above for your current passcode.

Once you enter the passcode, your screen will shift to a similar page where you are expected to write your Email verification code. Meanwhile,  a new code will be sent to your registered email address. Enter the new email Address code, and it will automatically be saved.

Two-Factor Authentication (2FA)

Two-Factor Authentication (2FA) is a security process that allows users to provide two authentication factors to verify their identity. 2FA is implemented to better protect both a user’s credentials and the resources the user can access. Two-factor authentication provides a higher level of security than authentication methods that depend on single-factor authentication.

Two-factor authentication methods rely mostly on a user providing a password as the first factor in addition to a different factor which is usually either a security token or a biometric print, such as a fingerprint or facial scan.

In other words, the two-factor authentication works to add a second layer of security to the authentication process by making it harder for attackers to gain access to a person’s devices or online accounts because, even if the victim’s password is hacked, a password alone is not enough to pass the authentication check.

Authentication factors, listed in approximate order of adoption for computing, usually include

  • A knowledge factor: something the user knows, such as a password, a personal identification number (PIN), or some sort of a shared secret.
  • A possession factor: something the user has, such as an ID card, a cell phone, a security token, a mobile device, or a smartphone app, to approve authentication requests.
  • A biometric factor: something inherent in the user’s physical self. These may be personal attributes mapped from physical characteristics, such as fingerprints authenticated through a fingerprint reader.
  • A location factor: which means a factor denoted by the location from which an authentication attempt is being made.
  • A time factor: which restricts the user’s authentication to a specific time window, in which the user can log in.

2FA with Aladdin Pro Wallet

Setting up Google Two-Factor Authentication (2FA) is the third option on the security settings list.

For this, you should go to “Security Settings” and choose the “Google Authenticator PIN” option. After that, your screen will shift to a number plate with space above your current passcode.

When you enter your current passcode, your screen will shift to a QR code with a security code down below.

Under the security QR-code, you can see two buttons, the “add to Google authenticator” Button and the “Next” button, press the “add to Google authenticator” Button. After that, your screen will shift to the Google Authenticator app installed on your mobile phone.

After that, Copy your google OTP code and go back to the Aladdin Pro app and click on the “next” button. Your screen will shift to a number plate with a space above for your verification code. Enter your Google OTP code and you are good to go.

Now that you have the knowledge you need on both OTP and 2FA, you are all set. Yet, we advise you to use these two features for more protection layers.

You can also follow the Aladdin Pro Wallet on its social media accounts on Facebook, LinkedIn, Twitter, Instagram, and Telegram.

Security With Aladdin Pro – All You Need to Know

  • Aladdin Pro is a multi-cryptocurrency wallet.
  • This wallet offers many outstanding security methods.
  • Cybersecurity is becoming one of the major issues.

While web3 is conquering the world, cryptocurrencies are making the future of finance. Yet, while we are witnessing the birth of a new era, cyber felonies also exist to remind us of the dark side of this revolution.

cybersecurity is one of the world’s most pressuring matters in this current age. This started ever since the internet was available for people to use, yet back then it was much more simple. As we got to web3, cyber crimes have reached the point where companies and businesses are losing up to millions of their crypto funds to hackers and cybercriminals.

One popular example of that is the Ronin Bridge incident when cybercriminals stole around $650 Million from Axie Infinity’s Ethereum-based side chain, known as Ronin wallet. The hackers manipulated the platform and gained access to withdraw the funds and move them later to another wallet.

These incidents pushed the Aladdin Pro tech team to develop a higher level of security, which makes the Aladdin Pro Wallet app not only easy to use but also highly secured and protected. There are many ways to verify the user’s identity.

Email verification

Email verification is the first step into the Aladdin Pro Wallet app. After you hit the register button for the first time, you shift immediately to a screen where you enter your email address. You’ll receive an email at the address you entered, this email contains a verification code.

After you enter your email address, you’ll shift to the verification page, where you can enter the verification code. After the code is approved, you’ll be done with this stage.

Phone number verification

Phone number verification is another way to keep your wallet safe. Phone number verification is the second stage after email verification, you will have to enter your phone number and hit the “verify” button. This will allow us to send a verification code to your phone number. After that, you’ll shift to a verification page, where you should enter your verification code. After the code is approved, you’ll be good to go.

Voice verification

Voice verification is the third stage, where it was added as a unique feature just like facial recognition.

To start recording, press the “tap to record” button, and record your voice while saying the sentence written in yellow above. After that listen to the recording, if not clear, click the “re-record” button; if clear click the “done” button to move to the next step.

Mnemonic phrase

The mnemonic phrase is a unique sentence used to log into your Aladdin Pro wallet. Below the phrase, you will see a “copy to clipboard” button, and lower on the screen you can see a “continue” button. Either click on the “copy to clipboard” button to save it to your mobile device, or write it down.

Application passcode

To set your application’s passcode, press the “got it” button. Your screen will move to a number plate with a space for a 6-digit number. Enter a number of your choice.

This passcode is used to confirm transactions.

Changing passcode

After setting your account, You can change your Aladdin Pro security settings whenever you want.

To change the passcode, choose ‘passcode’ from the security settings, after that the screen will shift to a number plate with a space above it. Enter your old passcode to verify it is you using the app, after that your screen will shift to a similar format, where you can enter the new passcode.

After that, you will be asked to retype the new passcode for verification, once you type it for the second time the app will automatically save it.

Biometric verification

Biometric verification is another feature added to guarantee you a higher level of security.

Choose one biometric feature that is available on your device. Now, every time you need to use the app, the biometric print will be needed for verification.

To disable this feature, all you need to do is go to settings and select “biometric verification”, after you do that, your screen will shift to biometric verification. This will confirm your identity to disable the feature.

Aladdin Pro Wallet offers many more advanced features, yet the security system we have developed is made specially to guarantee you a safe way into the crypto world.

To learn more about us, you can follow the Aladdin Pro Wallet on its social media accounts on Facebook, LinkedIn, Twitter, Instagram, and Telegram.