Is ImToken a Cold Wallet?
Imtoken is a smart digital wallet that combines multi-chain asset management with DApp browsing and exchange. Its user-friendly interface makes it easy to use and is especially useful for storing ERC-20 Coins/Tokens.
To protect your cryptocurrency, backup your wallet using the mnemonic phrase and keep it in a safe place. This will help you regain access to your wallet in case of an emergency.
It is a cold wallet
ImToken is an excellent multi-chain digital wallet for users of any experience level. It supports a wide range of crypto assets, coins and tokens, including Bitcoin (BTC), Ethereum (ETH),TokenPocket Baidu Encyclopedia , Litecoin (LTC), Tron (TRX) and more. It also supports Proof of Stake blockchains, such as Cosmos (ATOM), Nervos (CKB), Polkadot (DOT) and Kusama (KSM).
The ImToken mobile app offers a variety of security features to keep your coins safe, including an Identity name, password, and passphrase. These are required to access your wallet, so you should always remember them or write them down somewhere. Additionally, the app has a backup function to help you recover your crypto in case of theft or loss. In addition, it can be linked with a hardware wallet via Bluetooth.
The app’s interface is user-friendly and easy to use, even for beginners. Its features include multichain asset management, DApp browsing, and exchange of value. It is available for Android and iOS, with support for multiple languages. It also includes a feature called Tokenlon, which allows users to transfer coins and tokens to other wallets easily.
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It is a mobile wallet
The imToken wallet is a mobile multi-chain crypto and token-based assets storage application. It provides multiple features that benefit both power users and newcomers alike. These include a built in decentralized exchange, the ability to quickly swap coins for free, and a DApp browser that supports a large range of dapps, from DEXes and ENS services to games and social networks. It also comes with a privacy mode which lets you control whether or not hosted apps can read your active wallet information.
The app’s security is also top-notch, letting you back up your mnemonic phrase, as well as verify the authenticity of your account. It also uses biometrics, meaning that only your fingerprint or face can access your funds if the phone is lost or stolen. The interface is also very friendly and easy to use, even for beginners. It supports many languages, including Vietnamese.
The mobile wallet supports a wide variety of coins and tokens. To add a coin, select the “+” button and then enter its name, address, and balance. You can also scan a QR code to transfer coins. It also has a search function that makes it easy to find the right coin. It also supports the multi-chain architecture of Ethereum and Arbitrum. Its smart contract technology allows you to access dApps on other chains.
It is a hardware wallet
The imToken wallet is one of the most popular crypto-wallets in the cryptocurrency world, enabling users to manage their assets and exchange them in a single platform. It features a private key local secure storage, asset visibility and easy import/export. It is also safe from hacking and phishing attempts.
Its built in decentralized exchange is powered by Kyber Network and 0x, making it possible to swap tokens instantly. Its e-commerce payment service is another convenient feature that lets users shop using the tokens they own.
The hardware wallet, which has a CC EAL 6+ security chip, allows users to protect their private keys from theft. It also has an easy-to-use interface and supports multiple wallet types. It also has an anti-loss mechanism that prevents the loss of cryptocurrencies. Its mnemonic code is easy to memorize and can be backed up on a computer.
Creating an account is simple with the imToken wallet. After registering, you must set an Identity Name, password and mnemonic phrase. The mnemonic phrase is used to recover the wallet should you forget your password. It’s important to hide the mnemonic phrase somewhere safe and not easily accessible, such as on your mobile phone.
The imToken wallet has a variety of features that are useful for both power and casual users. It can be used to exchange currencies, interact with dapps and trade on its built-in decentralized exchange. Its dapp browser also provides a wide range of recommendations. The wallet is also open-source and has regular third-party security audits from renowned companies such as SlowMist, PeckShield, Cure53, and Knownsec.
It is a decentralized exchange
The imToken mobile wallet app allows users to store Ethereum and ERC-20 standard tokens. The wallet also has an inbuilt exchange, in partnership with Kyber Network and 0x, which allows users to swap cryptos for other cryptocurrencies or stable coins. It also offers a customizable dapp browser, privacy-oriented features, and multi-coin support.
The wallet is easy to use and has been optimized for mobile devices. Once users have created an account, they will be provided with their own wallet address and a passphrase that is used to secure their wallet. They should save this phrase in a safe place to access their funds.
After completing the initial setup, users can begin to add digital assets and trade them within the wallet. They can also connect their wallets to a decentralized exchange for more trading options. The app’s dashboard provides users with price alerts and market news, as well as a variety of other useful features.
Founded in 2016, imToken has already reached 12 million users across 150 countries. The company plans to launch additional services in the future, including a keyless feature and decentralized marketplaces. In addition, it is expanding its research arm for blockchain technology and opening offices in new markets. The company has raised over USD $30 million from investors, including Qiming Venture Partners and SVK Capital.