Frequently asked questions

Question 1

What is Moonlet?

Accepted Answer

Moonlet is a non-custodial mobile / extension / software wallet / hot wallet designed to support a variety of blockchains. Moonlet features integration with hardware wallets, supports blockchain-agnostic usage (e.g., Ethereum, Zilliqa, ERC-20 tokens), and offers a streamlined interface for sending, receiving, staking, and swapping digital assets.

Question 2

Is Moonlet safe & legit?

Accepted Answer

Moonlet is non-custodial and open source and has not been publicly implicated in major hacks or scandals. Security measures include encrypted local key storage, recovery phrase backup, and optional use of hardware wallets for transaction signing.

Question 3

Who created Moonlet?

Accepted Answer

Moonlet was developed by the team behind Moonlet Labs.

Question 4

Where is Moonlet’s company based?

Accepted Answer

The company behind Moonlet, Moonlet Labs, is headquartered in Bucharest, Romania

Question 5

How does Moonlet work?

Accepted Answer

Moonlet operates by generating and storing private keys locally on the user’s device. Users set up or recover a wallet via a mnemonic seed phrase. Moonlet connects to blockchains via its software stack / providers (e.g. Moonlet’s provider libraries), and enables transactions, staking, and swaps. For enhanced security, Moonlet can delegate transaction signing to a connected Ledger device.

Question 6

When was Moonlet launched?

Accepted Answer

Moonlet was officially released April 16, 2019.

Moonlet