Easy Addition of Currencies in Imtoken

日期: 频道:BlockChain News 阅读:6

Easy Addition of Currencies in ImToken

Over 12 million users around the world use imToken to store their Ethereum (ETH) and ERC-20 standard Coins/Tokens safely and conveniently. They have transferred digital assets over US$500 billion through this wallet platform.

imToken Wallet now supports setting miner fees in fiat currency units. The home screen display also gets upgraded with displays for token unit prices, appreciation & depreciation rates and token names, which can be easily turned on/off according to users’ needs and preferences.

1. Importing Wallets

Importing wallets into the multi-chain asset management app is a simple process, users can visit their profile and click on “Manage Your Wallet”, select “Add Wallet”, enter their Mnemonics and confirm. This feature allows users to manage their coins on multiple blockchains from one place, with the same password and security features.

The newest version of the app also supports the new NERVOS, TRON, BCH and LTC wallets making it a multi-chain wallet with support for 8 major public blockchains. It also has an in-built exchange that makes it easy to swap tokens between currencies and use them for dapps.

In the latest version of the app, a new concept called identity has been introduced, which helps users manage different wallets on various blockchains from one place. Users can recover their wallets using their mnemonic passphrase, but only for the wallet that is under the same digital identity. This allows users to import their wallets from the older app into the new app without having to do a full backup of their wallet.

The wallet also provides users with complete control over their transaction fees, which is a great feature as it gives them the power to increase their fee and see their transactions added to the blockchain more quickly. This is especially helpful for users who are looking to trade a large number of cryptos in a short amount of time. The platform also conducts regular third-party security audits from companies such as SlowMist, PeckShield, Cure53 and Knownsec to ensure its security.

2. Importing Addresses

Whether you’re looking to buy or sell Crypto in your wallet, you can do so with ease thanks to imToken’s built-in exchange. Its intuitive and easy-to-navigate interface allows users to easily find the best exchange pairs to trade their cryptos on.

Moreover, the platform is designed to be user-friendly and secure. Its multiple security measures include a multi-character password, offline transaction signing, and third-party security audits. Additionally, the platform is open-sourced and subject to regular updates from the community.

The latest version of the app also has improved address book management. It now recognizes wallet addresses when you paste them, allowing users to add them to their address book with just one click. This will simplify the address management process and facilitate fast transfers.

Another new feature in imToken is the ability to set miner fees in fiat currency. This will allow users to achieve the best balance between transaction confirmation speed and cost. In addition, the app will display cryptocurrency prices in the home screen, enabling users to quickly grasp essential information about their wallet holdings.

Importing wallets and addresses from other apps into imToken is simple, as long as the mnemonic is not leaked. However, if you find that the BTC address displayed in your wallet changes and the balance shows zero,I can't download Imtoken from the cloud. , it is likely due to a difference between the address type and path.

3. Importing Tokens

To add tokens into the wallet, users need to enter a valid contract address. The best way to find a valid contract address is through a block explorer, such as Etherscan. Alternatively, the ICO website will have the contract address listed. Once a token is imported, it will show up in the assets page of the wallet.

The new imToken 2.0 has an updated home screen display, optimizing the space for displaying key information such as the token unit price and appreciation/depreciation rate. This update also allows users to easily turn on/off the displayed information according to their needs and preferences.

Imtoken has put in place numerous effective security measures to ensure your digital asset investments are safe. These include multi-character passwords, offline transaction signing, third-party security audits and recovery seeds. In addition, the platform supports hardware wallets and cold wallets to keep your private keys in a secure environment and prevent cyber attacks.

The built-in exchange of imToken helps you buy and sell cryptocurrencies with the convenience of one-click. Moreover, with the Token Profile feature, you can see more detailed information about your tokens. To access this feature, simply go to the Wallet (tab) -> Token -> Token Profile. This will help you make informed trading decisions in the future. We recommend that you evaluate the investment risks associated with your tokens carefully and consult with professionals before making any investment decisions.

4. Importing Deposits

If you already have cryptocurrency deposits in another digital wallet, you can import them into imToken. The app securely stores your crypto assets and lets you easily send and receive them. You can also buy and sell cryptocurrencies on supported exchanges directly from the app.

You have full control over your digital assets with imToken, however, if you lose your mnemonic phrase, other people could steal your assets. For this reason, it is important to back up your wallets regularly. ImToken supports mnemonic phrases and JSON files to help you do this.

Transaction fees in the imToken wallet are completely under your control, and there is a slider that allows you to set them. High fees can help ensure that your transactions are added to the blockchain quickly, and low fees can make them take longer to process. However, it is worth noting that the built-in exchange inside the wallet does not charge any additional fees.

Please note that, in order to use Imtoken, you must pass a security self-assessment and agree to terms and conditions. You can find out more about this process here.