A multi-device vault is a wallet that several of your own devices control together. At least two thirds of the devices must approve every transaction, for example 2 of 3, and the vault has no recovery phrase.
On this page
A multi-device vault splits control of a wallet across devices you own. No single device can move funds alone. In the app the vault is called Multisig Wallet, and some screens label it Cold Vault.
How a vault works
- You create the vault on two or more devices at the same time. Each device ends up with its own share.
- To send or swap, the required number of devices must approve the same transaction. One device starts it, the others scan a QR code and join.
- The vault has no recovery phrase. Each device has its own backup file instead.
- THORWallet holds no share.
How many devices must sign
At least two thirds of the devices must sign. The vault needs a minimum of 2 devices.
| Devices in the vault | Devices needed to sign |
|---|---|
| 2 | 2 |
| 3 | 2 |
| 4 | 3 |
With 2 devices, both must sign every time. With 3 devices, the vault still works when one device is not at hand.
Decide the number of devices before you start. If you need a different setup later, create a new vault and move your funds.
Seed wallet or vault
| Topic | Seed wallet | Multi-device vault |
|---|---|---|
| Who signs | One device | Several of your devices together |
| Backup | Recovery phrase | One backup file per device, protected by a password |
| Create or import | iOS and Android | iOS app in the current version |
| Send, receive, swap | Yes | Yes |
| WalletConnect | Yes | Yes |
| Card, perpetuals, tokenized stocks, Rewards | Yes, where available | No |
You can hold both in one app. The app itself suggests a vault for long-term holdings and a seed wallet for daily transactions.
What works with a vault
- Sending, receiving and swapping on the supported chains.
- Staking products in the Earn tab. Aave lending positions are shown for seed wallets only.
- WalletConnect. Each request is approved by your devices. THORWallet may refuse a request it considers unsafe. The app then tells you that nothing was signed.
- In the web app: connect the vault with WalletConnect from the mobile app. Every request is then approved on your vault devices.
Supported chains
A vault has addresses on Bitcoin, Ethereum, Arbitrum, Base, Avalanche, BNB Chain, Solana, THORChain, Maya, Bitcoin Cash, Litecoin, Dogecoin, Dash, Cosmos, Sui, Stellar, XRP, TRON and Zcash, with the tokens on those chains.
Seed wallet only: Monero, NEAR, Osmosis and shielded Zcash.
Related
- How to create a vault
- How to sign with a vault
- How to back up and restore a vault
- Vault troubleshooting
- Multisig vaults
- Background: What is a multisig wallet?
Common questions
Does a vault have a recovery phrase?
No. Each device holds its own share and its own backup file. You restore a device with its backup file, not with words.
Does THORWallet hold one of the shares?
No. All shares are on your own devices. THORWallet cannot sign for you and cannot recover a vault for you.
Can I create a vault on Android?
Vaults are available in the iOS app in the current version.
Can I use the THORWallet Card with a vault?
No. In the current app the card, perpetuals, tokenized stocks and the Rewards tab need a seed wallet. You can keep a vault and a seed wallet side by side in the same app.
What happens if I lose one device?
The vault keeps working as long as enough devices are left to sign. You can bring the lost share back by importing its backup file on a new device.
Thank you.
Sorry about that. Chat with support inside the app, or write to info@thorwallet.org. Support will never ask for your recovery phrase.