Important news: Rahakott closure

Dear users!

We decided to close Rahakott wallet.

Rahakott will be working until 1st of August 2020, all funds will be available for withdrawal. Signing up will be terminated on 1st of July 2020. After 1st of August, all information will be destroyed and the wallet will stop its functioning. We ask our API users to transfer the work to other services.

Thank you for spending these three years with us, trusting us and suggesting how to improve wallet functioning.

We wish you success in your work and good health.

Важная новость: закрытие Rahakott

Уважаемые пользователи!

Мы приняли решение закрыть кошелек Rahakott.

Rahakott будет работать до 1 августа 2020 года, все средства будут доступны на вывод. Регистрация будет прекращена с 1 июля 2020 года. После 1 августа вся информация будет уничтожена, а кошелек остановит свою работу. Пользователей API просим перевести работу на другие сервисы.

Спасибо, что провели эти три года с нами, доверяли нам, подсказывали как улучшать функции кошелька.

Желаем вам успехов в вашей деятельности и крепкого здоровья.

Обновление в работе сервиса

Мы приняли решение сосредоточить свои усилия на дальнейшем развитии кошелька. В связи с этим 5 июня будет приостановлена работа P2P-маркета (для переосмысления и улучшения). До конца года планируется улучшить работу миксера и кошелька в целом.

Следите за новостями и спасибо что остаетесь нашими верными пользователями!

Update on service functioning

We have made a decision to focus our efforts on the further development of the wallet. For that reason, the functioning of P2P-market will be suspended on 5th of June (for rethinking and improvement). The overall functioning of the mixer and the wallet is planned to be improved until the end of the year.

Follow the news and thank you for being our loyal users!

Update

We have made the following changes to our service:

* public PGP-key was published - https://rahakott.io/pgp.txt
* list of mirrors signed with our PGP-key was published - https://rahakott.io/mirrors.txt
* "warrant canary" was updated - https://rahakott.io/canary.txt

Обновление

Мы внесли следующие изменения в работу нашего сервиса:

* опубликован публичный PGP-ключ - https://rahakott.io/pgp.txt
* опубликован список зеркал подписанный нашим PGP-ключем - https://rahakott.io/mirrors.txt
* обновлено "свидетельство канарейки" - https://rahakott.io/canary.txt

Maintenance from 4th to 5th of January

Dear users!

Maintenance will be carried out from the 4th to the 5th of January 2020. During this period:

   withdrawal of Bitcoin will be suspended
    present addresses of Bitcoin-wallets will be updated
    old addresses of Bitcoin-wallets will work until the 1st of February 2020

Please plan your Bitcoin withdrawals in advance.

  Warning about phishing attempts

  Attention!

We have discovered Rahakott phishing attempts.

Our official addresses:
  https://rahakott.io
  https://rahakott.com
  http://rahakottymyflyum.onion
  http://rahakott2jmcdnajbsmi6b74t3koh5wnlpsoym44jccli6rzjvk2tcad.onion

Any other addresses pose a risk of losing your funds! Be careful!

We are excited to announce that we have added a fully-functional mixer. Available features:

  — sending to multiple addresses
  — delay from 0 hours to 1 month
  — selecting arbitrary shares for sending funds among addresses
  — mixer fee 1-2.25% (affects the speed of transaction confirmations and your anonymity)
  — mixer feature is available for BTC, BCH, LTC, ZEC, DASH.

Rahakott.io is now supporting one more popular cryptocurrency – Monero (XMR).

In order to get a wallet in XMR, open the “Wallets” section. Put in a random name for the wallet and press “Add”. Your Monero wallet is ready!

On our official website in the FAQ section, you can find the minimal blockchain fee for external transfers. Meanwhile, in case of internal transfers, there is no fee at all (i.e. transfers between Rahakott wallets).

Transaction identifier is visible when hovering your mouse over the (i) icon next to the recipient's address on the Deposit page in the History section. I should mention that the icon is visible only in case the transaction was made via blockchain. If you're required to provide the identifier, make sure you tick the "Don't use internal transfer" option. Such transactions must definitely go via blockchain.

Two updates have recently become available.
1) From now on service fees will not be charged for sending all available currencies. Now, when completing an external transaction, you will only be charged with the blockchain service fee. The amount of the fee depends on the current load on the network, and the actual figures can be found in the FAQ section on our website (the link is at the bottom of every website page).
No service fees are charged for internal transactions (i.e. between the wallets registered on Rahakott). Nothing changes regarding this issue.
2) External transactions became even more convenient. We have eliminated the requirement of guaranteed 20 network fees on deposit when making a transaction.

Rahakott is very attentive to the safety and security of customers' money. All currencies and implemented solutions used in the wallet are thoroughly tested for vulnerabilities. It may seem that the addition of new currencies is slow, but in fact, we simply cannot afford to implement solutions that carry risks to our users' accounts.

It's recommended not to store this phrase on the computer and other electronic media that have access to the Internet to ensure security. In addition, Rahakott provides two-factor authorization (2FA). You can set a permanent password or use the one-time password system through the application on your mobile phone.

You can switch between exchanges like the CoinBase, Blockchain.info, Bitfinex.com/BFXdata.com, WEX (ex. BTC-E), Kraken, Exmo in wallet's settings. The balance in fiat currency is shown in each wallet's menu. The choice of a particular exchange affects these figures.

The output speed doesn't depend on the day of the week, it depends only on the workload of the mempool. Rahakott automatically calculates the commission in such a way that the average transfer time takes about 30 minutes. But time can increase if the number of transactions on the network has increased dramatically (almost immediately after the transfer, for example, the network was specifically spammed with transactions or the number of transactions has increased due to mass network transfers (for example, the bitcoin rate has increased sharply and some people decided to sell while others buy at peak prices because they think that the price will rise even higher)).

We are happy to announce, that from now on Rahakott.io supports one more popular cryptocurrency – Ethereum (without smart contracts and tokens).

To get a wallet in ETH, click the button “Wallets”. Type in a random name for the wallet and click “Add”. Your wallet is ready!

The current commission amount for ETH transactions can always be found in our FAQ section (the link is at the bottom of our website’s pages). The current minimal commission for transferring funds to the external Ethereum Wallets equals 0.001 ETH.
We remind you, that our service does not charge any commission for internal transactions (between the wallets that are registered on Rahakott).

Rahakott supports 5 currencies – BTC, BCH, LTC, ZEC, DASH. The company policy prohibits adding currencies and tokens which are not safe into the wallet. Therefore, everything is checked very carefully.

In April, our service received the following updates:

1) Now the Wallet supports SegWit transactions for Bitcoin
Why is it important? The initial protocol of the Bitcoin network has a restriction, which significantly limits the speed of online transactions. This is the exact reason why, during the peak loads (e.g. December 2017, when Bitcoin reached highs of $20,000 per coin), the ""execution"" of transactions could take from several days up to several weeks, depending on the charged commission fee. Thus, the restriction made Bitcoin inconvenient to use. SegWit solves this problem – it increases the network bandwidth and reduces transaction costs. Rahakott team supports solutions that increase users' comfort when using the service, and in April, our Wallet has implemented this technology.
 
2) Besides the support for P2SH addresses, from now on, Rahakott.io also supports sending Bitcoins to the native SegWit addresses (bech32)
P2SH addresses (starting with a “3”) are universal and had been used before the SegWit implementation. Bech32 addresses (starting with “bc1”) are a type of addresses, which were introduced by the developers of SegWit. The advantage of this technology is that it lets reduce the size of the commission fee with the help of the smaller amount of transmitted information per transaction. Also, the register is not important for bech32 addresses (e.g. when dictating the address, you don't have to say where the capital/small letters are in the address).
The amount of the bech32 addresses users is gradually growing, and the amount of services supporting this technology is similarly increasing. In the end of April, Rahakott expanded this list of services.
 
3) Now, Rahakott supports new addresses (CashAddr) for Bitcoin Cash (BCH).
After BCH separated from Bitcoin (BTC), a problem regarding the same wallet names emerged. One could misunderstand a person and, instead of BCH, send BCT to his/her wallet and vice versa (it was difficult to notice the error, since all the wallets that belonged to one person had the same names). Finally, the community of BCH developers has proposed a new wallet names format (which was also due to the fact that the new format would pave the way for further modifications of the cryptocurrency). You will always be able to identify such wallets since their names start with a “q” or a “p” (whereas the old addresses start with a “1” or a “3”).
Rahakott team has already implemented the CashAddr feature list and encourages you to support the transition to the new format.

It has two-factor authorization: HD Wallet and a password system. The minimal commission is 0.0001BTC