Ctrl Wallet Shuts Down: How to Move Your Crypto Now
Ctrl Wallet users face an immediate deadline to move their assets before the app loses most of its functionality on August 3.
coinbeat.newsCtrl Wallet is ending support for key features including sending, receiving, and swapping assets. Starting August 3, users will no longer be able to interact with dApps or perform standard transactions through the app. The company has not provided a specific timezone for the cutoff, so users should act immediately to avoid being locked out of their accounts.
Since Ctrl is a non custodial wallet, your assets remain on the blockchain even if the app disappears. To maintain control, you should export your 12 or 24 word recovery phrase and import it into a different compatible wallet. Alternatively, you can send your funds to an existing wallet address you already control. It is vital to perform these steps as soon as possible, as the company cannot guarantee how long the app will continue to open on your device.
When migrating, make sure to verify that your balances and accounts appear correctly in your new wallet. Because this is a major transition, be wary of scams. Official team members will never ask for your recovery phrase, and there are no legitimate migration tokens or compensation airdrops. Keep your phrase private and only enter it into the official setup screen of a trusted wallet app.
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