Easy Recovery of Imtoken Mnemonic Phrase
When a user creates a wallet, a 12-word recovery phrase is generated. Users are encouraged to carefully backup this phrase and keep it somewhere safe, offline. This is a crucial step to ensuring that your funds are protected in the event of a phone loss or theft.
To add a token, click the small circled + icon from the home page and search by name or contract address. The token will now appear on your app home page.
Keep it in a safe place
If you have a mnemonic phrase that backs up your wallet, it is important to keep it in a safe place. This will prevent someone from stealing your assets. This is because the mnemonic phrase represents asset ownership on the blockchain. This means that if someone gets access to your mnemonic, they can use it to log in to your wallet on another device and steal your assets.
A mnemonic phrase is a human-readable form of backup for your wallet that is used by hardware wallets such as Ledger, TREZOR, and MetaMask. It is also used by mobile wallets such as Trust Wallet 14. It is important to keep your recovery seed safe because if you lose it, you will be unable to recover your assets. Make sure to store your mnemonic phrase in a safe place and never share it with anyone else.
The mnemonic is the most important aspect of a wallet, so you need to ensure that it is protected from theft. If you are unsure how to secure your mnemonic phrase, consult with professional organizations or the police. In addition, you should always download wallet software and applications from official channels to avoid security risks.
If you have a multi-chain wallet, the mnemonic will be your key to manage the wallets on different chains. The mnemonic will also help you import an identity to a new imToken app. However, you should be careful when importing an identity because the pathway is not the same as the original. This can cause a lot of problems for your wallets.
You can import a maximum of 3 wallets into the new imToken app. These include a Bitcoin wallet, an Ethereum wallet, and an EOS wallet (pending account registration). If you are not sure which blockchain to choose,What are the application scenarios of blockchain in the financial industry? , it is recommended to create a digital identity first.
Keep it offline
Keeping your Mnemonic in a secure place is very important. If you lose it, you will no longer have access to your digital assets. Scammers can use it to steal your money. Therefore, it is crucial to keep your mnemonic away from prying eyes and not share it with anyone. You should also back it up using physical tools, such as writing it down on a piece of paper or storing it through the imKey mnemonic secret storage.
A mnemonic is a wallet phrase that gives you the ability to access an unlimited number of accounts. It is a human-readable form of a private key, used by Ledger, TREZOR, Jaxx and other wallets. A mnemonic is different from a keystore or private key, which are encrypted codes and much more difficult to backup. A mnemonic is easy to backup and can be used by multiple devices.
Mnemonic phrases are important because they manage multi-chain wallets. Users can use one mnemonic to manage multiple wallets across various blockchains such as Bitcoin, Ethereum and EOS. Mnemonics are also more convenient to use than the corresponding keys or passwords. This is especially helpful when you have a large portfolio and want to switch between different cryptos.
If you have backed up your mnemonic, you can easily recover your assets in imToken if you ever lose your phone or switch to a new device. However, this will only work if you have backed up the correct mnemonic or private key. In addition, it is important to cross-check the mnemonic phrase after backing it up to ensure that it is the correct version.
If you are switching to a new mobile device, it is essential to back up your imToken mnemonic phrase and private key. This is important because it will help you retrieve your wallets in the event of a loss, theft or unintentional unistallation. In addition, it will allow you to restore your wallets after importing them into the new app.
Keep it in a secure place
Using an Imtoken wallet, users can manage multiple multi-chain cryptocurrency wallets using one mnemonic phrase. They can store Ethereum (ETH) and ERC-20 standard Coins/Tokens safely and conveniently. They can also transfer cryptocurrencies to other wallets and exchanges. It is important to keep a backup of your mnemonic phrase so that you can access your assets in case of a loss or theft. Keeping it in a secure place is essential, as it should never be stored on the cloud or sent over email or instant messaging tools. Ideally, you should always back up your mnemonic phrase on physical media. For example, you can save it in your WeChat, memo, mailbox, notebook or computer folder.
The mnemonic phrases are the keys to a wallet, and they are responsible for all of the assets in it. As a self-custodial wallet, it is up to the user to protect their assets from stealing and scams. Fortunately, the latest version of imToken provides enhanced security for users’ assets by increasing their alertness and security knowledge.
Scammers will try to steal users’ assets by tricking them into giving their transfer authorization through a QR code or link and downloading a fake imToken app. This is why it’s important to always check the origin of a DApp before visiting it. ImToken will display a risk warning for high-risk DApps to help users stay alert.
The latest version of imToken 2.1 has added the ability to use biometric verification to login to the wallet and verify ownership of mnemonic phrases. The feature is available in the iOS and Android apps. However, users must still participate and pass an asset security self-assessment to use this feature. This is because imToken does not keep the private key, so users must safeguard their mnemonic phrases.