Protect your wallet

To secure your wallet, you need to set up either Face/Touch ID or a custom PIN, which you’ll use to authenticate every time you open the Robinhood Wallet app. We recommend Face/Touch ID as the most secure way to protect your wallet because your face and fingerprints are unique. If you want to switch between Face/Touch ID or a PIN, you can change your security settings any time in Backups & security.

Set up Face/Touch ID When prompted during setup, tap OK to allow Robinhood Wallet to use Face/Touch ID.

Custom PIN When prompted during setup, enter a 6-digit PIN and then confirm the PIN a second time. Remember to never share this number with anyone.

Secret recovery phrase A secret recovery phrase, also known as a seed phrase, is a series of words generated by your wallet that allows you access to your wallet and crypto.

It’s important to keep your secret recovery phrase stored in a safe place and never share it with anyone. We don’t have access to this phrase, so we can’t help you recover it if you forget it. And we’ll never ask you to input your recovery phrase anywhere except if you’re trying to recover your wallet in the Robinhood Wallet app.

For more security best practices, see protecting your self-custody wallet’s secret recovery phrase.

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Back up your secret recovery phrase

It’s incredibly important to back up your wallet because it's the only way you can recover your wallet and assets if you lose or reset your device.

You can back up your wallet manually by writing down its secret recovery phrase and storing it in a safe place offline or by saving it in a secure password manager. Storing your recovery phrase offline (by writing it down, for example) has its benefits, since there’s less risk of compromising your data. Remember to never share this phrase with anyone.

As another layer of protection, you can also back up your wallet to iCloud:

  1. HomeMenuBackups & security
  2. Under Backups, select the wallet you want to back up
  3. Select Back it up to iCloud
  4. Enter a password
  5. Confirm your password
  6. Select Save and back upDone
Note

Make sure you don’t lose this password because we can’t help you recover it.

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Protect yourself from scams

Your security and privacy are incredibly important to us. Despite the generally secure nature of the blockchain, there are plenty of scammers trying to steal your assets and data. To keep your wallet, assets, and data secure, we suggest taking the following precautions:

  • Never share your secret recovery phrase with anyone. We'll never ask you for your secret recovery phrase outside of the Robinhood Wallet app.
  • Be wary of suspicious phishing, social engineering, and scam attempts. This includes airdrops, emails, text messages, social media messages, and fraudulent websites that ask for your personal information, contain unexpected crypto assets or attachments, offer financial advice, etc. When in doubt, verify the authenticity of any request before taking action.
  • Before signing a transaction with your wallet, make sure to check the transaction details. It’s possible for scammers to access your funds if you sign a transaction, so only approve transactions if you trust the sender.
  • Only transact with entities and individuals that you know and trust. This includes connecting to dapps, sending and receiving crypto, and so on.

For more information on phishing and crypto scams, see how to identify and report scams.

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Disclosures

Self-custody cryptocurrency wallet and related services are offered through Robinhood Non-Custodial, Ltd., a limited company organized in the Cayman Islands, and other third-party providers. Cryptocurrency held through the Robinhood Self-Custody Wallet is not FDIC insured or SIPC protected. Availability may be subject to regulatory approval in certain jurisdictions.

Crypto rewards terms & conditions.

© 2023 Robinhood Non-Custodial, Ltd. Robinhood®. All rights reserved.

Still have questions? Contact Robinhood Support