Security & Custody
Please read this page carefully. It describes the single most important risk of using VigiLabs.
VigiLabs is custodial
To trade automatically on your behalf, VigiLabs generates blockchain wallets for you and stores the private keys for those wallets on its servers, encrypted. This means VigiLabs holds the keys that control your trading funds and can sign transactions automatically. That capability is exactly what makes hands-off automated trading possible — but it also means you are trusting VigiLabs with custody of your trading funds.
If you import your own wallet instead of generating one, that key is likewise stored so VigiLabs can execute trades with it. Any wallet VigiLabs can trade from is a wallet whose key VigiLabs holds.
What this means for you
- You are trusting VigiLabs with custody of the funds in your trading wallets. This is different from a non-custodial tool where you alone hold your keys.
- Only fund what you're willing to trade. Keep your trading balance to an amount you're comfortable committing to meme coin trading, and don't treat your VigiLabs wallet as long-term storage.
- Back up your recovery key. When you generate a wallet, VigiLabs requires you to back up its recovery key before showing your deposit address. Store it safely and privately.
- You can always withdraw. Access to view and withdraw your funds is never blocked, including if your subscription lapses.
How keys are protected
Wallet keys are encrypted at rest. VigiLabs is designed so that automated trading works without exposing your keys in normal use, and the ability to reveal your private key to you is time-limited for safety. No system is perfectly secure, however, and storing keys server-side is an inherent risk of any custodial automated-trading service.
Your part in staying secure
- Keep your Telegram account secure, since it's how you log in.
- Never share your recovery key or private key with anyone. VigiLabs staff will never ask for it.
- Be cautious of phishing — only ever log in and manage funds through the official VigiLabs app.
- Withdraw funds you don't intend to actively trade.
The honest bottom line
Automated execution requires that VigiLabs be able to sign transactions for you, which requires it to hold your keys. That is a real and significant trust and risk. If holding your own keys is a hard requirement for you, a custodial service like this is not the right fit. If you do use VigiLabs, treat your trading wallet as spending money for active trading — never as a vault.