Hey bunqers đ,
Add an extra layer of security to your trades. Sold crypto is held for 24 hours before itâs released, giving you time to catch anything suspicious and keep your money safe.
How does it work?
Safety Shield ensures that any money you receive from selling crypto is held securely for 24 hours before being released to your Bank Account. This added layer of protection helps keep your transactions safe and gives you peace of mind.
Why is it useful?
With Safety Shield, even if someone gains access to your account, they wonât be able to sell your crypto and quickly disappear with your money. By implementing a 24-hour holding period, you have the time to spot any suspicious activity and act quickly before any money leaves your account. This simple delay can make a significant difference in keeping your assets safe.
If you think your account has been compromised, you report it here.
How can I turn on the Safety Shield?
Safety Shield is automatically enabled for all users, ensuring you benefit from enhanced security without any additional steps. Rest assured, it's actively protecting you in the background.
How can I turn off the Safety Shield?
You can turn Safety Shield off anytime:
- Go to the âż Crypto tab
- Tap on âď¸Settings
- Tap on âSafety Shieldâ and switch the toggle
To keep you safe, there's a 24-hour waiting period after you switch it off before it's actually disabled, in case you change your mind or if someone else turns it off. You can re-enable it anytime, just as easily.
How do I know if a crypto sale was made with Safety Shield on?
After every crypto sale, you can check your payment details in the Crypto tab. If Safety Shield was on, youâll see a clear note showing the 24-hour hold, so you always know whatâs happening with your funds.
Related topics
Want to learn more? Explore more bunq knowledge here â¨
