ImToken Review
imToken is one of the most popular digital wallets in the cryptocurrency world. It is a non-custodial multi-wallet that allows users to store their crypto-assets, identities and data in an encrypted mobile app.
It allows you to manage wallets on 12 mainstream blockchains with one identity backed by a set of mnemonic codes (Backup Phrase). You can also import the wallet from a hardware wallet via blueethoo or imKey.
International Version
Founded in 2016, imToken is a digital wallet that helps users manage and safeguard blockchain- and token-based assets, identities, and data. It has helped its users transact billions of dollars across 150 countries. The company was founded in Hangzhou, China, and has offices in the United States and Singapore.
The wallet is non-custodial and customers’ private keys are stored locally on their devices at all times. It has a number of features including a secure keystore, an anti-loss system, and support for multiple blockchains. In addition, it offers a sharing system via blueethoo with ImKey, another product from the same team.
The international version of the wallet supports cryptocurrencies from 12 mainstream blockchains, as well as a decentralized app browser. It also integrates WalletConnect, which gives developers access to features like authentication, session management, and message signing. The firm has also announced an incubated exchange called Tokenlon, as well as a venture arm that will invest in companies related to its digital wallet ecosystem. These new initiatives will help the company expand its global footprint.
Domestic Version
Founded in 2016, imToken provides a mobile wallet application and is one of the most mainstream wallets in the cryptocurrency industry. Its wallet features multi-chain asset management, DApp browsing and exchange of value. It is a non-custodial wallet, meaning that users’ private keys are stored securely on their smartphones.
The app has powerful encryption technology to keep your coins safe, and a seed statement that allows you to recover your account in case of a lost device. The wallet also supports multiple currencies and offers a high level of security. It also offers an internal exchange, which makes it easy to trade digital assets.
Founded in Hangzhou, the company operates globally with offices in the United States and Singapore. Its team currently consists of 78 people, and it is growing rapidly. Its latest funding will help the company to expand its research arm for blockchain technology, build new wallet features and open more offices in other countries. It also plans to add support for keyless accounts and account recovery in its upcoming version of the wallet.
Tokens
imToken is a mobile wallet app that supports multi-chain asset management, DApp browsing, and exchange of value. It is a non-custodial wallet and users’ private keys are stored securely on their device.
The latest version of the app includes several security enhancements to protect against fraud,The Integration of Blockchain and Supply Chain Finance , including the scam that involves TRX wallet permission manipulation. The new features include a powerful encryption feature that protects the user’s seed statement. This way, it is difficult for anyone to steal their funds.
Another feature of the wallet is staking, which offers an additional source of passive income. Users can earn coins by depositing them in one of the wallets of a blockchain company for a set period of time. This is an alternative to mining and provides a high level of security.
In addition to storing cryptos, the wallet also offers trading services through Tokenlon, which is supported by Kyber Network and 0x. Tokenlon is a centralized exchange that allows you to quickly swap tokens without having to leave the wallet. It is available on Android and iOS devices.
Fees
Imtoken is a digital wallet that offers storage services and the ability to transfer tokens. It can be used to store a variety of crypto assets, including BTC, ETH and ATOM, and it also provides news display and staking (depositing coins in the wallets of blockchain companies for a period of time in order to receive rewards).
During a transfer, users must pay a transaction fee to the Ethereum network. This is known as a gas fee and it is paid to miners to encourage them to package transactions. Typically, the higher the fee, the faster your transfer will be added to the blockchain.
When transferring assets, it is important to back up your mnemonic and private key in case you lose your phone. This will prevent you from losing your assets. You should also check whether the mnemonic you saved is correct through cross-checking. Additionally, you should never save your mnemonic in cloud drives or email accounts, as these may be compromised by hackers. Additionally, you should be wary of scams that involve wallet permission manipulation.
Support
Aside from securing the user’s private keys, imToken also provides other features that help users manage their assets. These include: private key local secure storage, asset visibility, easy import and export, multi-signature theft prevention, and more. This allows users to take control of their assets and eliminate the need for third parties, which is one of the main advantages of a decentralized system.
Despite these features, there are still a number of scams and security concerns that can impact the user’s account. For example, swindlers often use the Data feature to steal transfer allowances. These scams can be prevented by double-confirming the receiver’s address before executing the transaction.
Fortunately, the platform has a dedicated support team that is available around the clock to answer users’ questions. This can be accessed via the Support and Feedback section. In addition, the team provides tutorials and guides to help users avoid security risks. This is especially important for new users who are transferring assets from centralized exchanges. They can learn how to securely withdraw their funds by following the tips in these tutorials.