Aladdin Exchange has unveiled its new Inheritance Feature, which allows users to transfer their crypto assets to their designated beneficiaries in the event of their death. Following the high rate of digital asset loss after one’s death, Aladdin Exchange has devised a practical way to assure the administration, control, and succession of cryptocurrencies.
In the first week of 2022, Aladdin Exchange launched a one-of-a-kind inheritance feature to prevent inheritors from losing access to a deceased’s online wallet.i.e., the identifying information required for access to the assets.
This new feature is available to all Aladdin Exchange users via the website. It is available to anyone who has successfully confirmed their accounts up to Level 4 (KYC Verification).
The user can add up to three (3) beneficiaries by clicking ‘Add Beneficiaries’ on ‘My Page’, including names, phone numbers, and e-mail addresses. To avoid future problems, all information must be accurate.
On behalf of the deceased, Aladdin Exchange will enable the transfer of crypto assets to the beneficiaries. This transfer will follow a legitimate procedure, including consultation with a legal attorney and adherence to all applicable laws. Beneficiaries will also need to provide a certified death certificate in order to collect the assets.
Aladdin Exchange is releasing a slew of new features and enhancements this year, including more crypto listings, which will give customers more trading possibilities. The trading platform aims to revolutionize the cryptocurrency space through its world-class services and continuous upgrades that ensure it meets its users’ needs.
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