Before resetting the chip to the factory settings, please ensure you move any cryptocurrency stored in your ChipBase to a different on chain address for a while (for instance, another wallet or exchange). This is important as resetting the chip will result in the complete loss of all funds currently stored on it!
To reset the chip to factory settings:
1. Open the ChipBase app and Scan your ChipBase.
2. Tap the three dots in the upper right corner.
3. Choose the “Chip settings” option.
4. Tap the “Scan Chip” button and tap chip to your mobile device.
5. Enter your access code.
6. Tap “Continue” and tap chip to your mobile device.
7. Choose the “Reset to factory settings” option.
8. Please carefully read the warning that informs you that there will be no access to the current assets on the scanned chip after completing this action. If you agree, tap the “Reset the chip” button.
9. Confirm the action by tapping “Reset” again.
10. Enter the access code and scan the chip.
After taking these steps, the chip will be reset to factory settings.