ImToken Wallet Official Tutorial
ImToken is an Android and iOS multichain wallet that lets users manage multiple-chain wallets using one set of mnemonic passphrase. It supports BTC, ETH, ATOM, EOS and other digital assets.
In addition to multi-coin support, this crypto wallet has a built-in exchange and allows quick token swaps. It also offers several security enhancements.
How to Use ImToken Wallet
When it comes to digital currency storage, a wallet is an essential tool. It keeps your private key safe and secure, ensuring that no one can access your assets. It is also the only way to make transactions on a blockchain. In addition to providing security features, a wallet can also help you stay informed about the latest crypto news and developments.
IM Token is a mobile wallet that is well-known for its multi-coin support and user-friendly design. It supports ETH, BTC, ATOM, and EOS, as well as ERC-20 and ERC-721 collectible tokens. It also includes a built-in exchange and other features to give you more control over your wallets.
To create an account, open the app and click “Create Identity.” Enter your identity name and password, select “I have read and agree to Terms of Service,” and then click Confirm. After creating an account, you will receive a mnemonic phrase, which is a 12-word word string that you should keep in a safe place. This will allow you to restore your wallet on another device if necessary.
You can also back up your wallet by clicking “Backup Wallet.” Be sure to backup your private key and recovery phrase offline, and never share them with anyone. Once you’ve backed up your wallet, you can start sending and receiving coins.
Importing a Wallet
ImToken Wallet is one of the most popular digital wallets in the cryptocurrency world. It offers a variety of features to help you manage your crypto assets. These include private key local secure storage, asset visibility, support for multiple wallet types, and easy import and export. It also has a number of security measures to protect your assets, including a multi-character password and offline transactions. It is also open-source and supports third-party security audits.
If you have a wallet from an old version of the app (1.0) and want to move it to the new version, you can use the Import Wallet feature. This will allow you to move the mnemonic or private keys from the old wallet into the new one. This will give you full control of your assets and ensure that you are the only person with access to your wallet.
To do this, click the My Profile icon at the bottom of the home page and then select “Manage your wallet”. You can then find the Import Wallet button in the menu that appears. Then, you can choose the type of wallet you want to import and set a password and password hint. After importing the wallet, you can access it by clicking the small circled + sign on the home page. You can also search for the token using its name or contract address.
Importing a Private Key
Importing a wallet into the imToken app is a quick and easy process. To import a wallet, you will need the private key string or JSON file of the account you wish to import from another wallet. To do so, click on the account selector at the top of your wallet and select 'Import account'. Then, select the account type and paste the private key. Once the account has been imported, you will see it in your list of accounts under 'Imported accounts' with a 'Imported' tag.
The imToken app offers effective security measures to ensure the safety of users' private keys, including multi-character passwords and offline transaction signing. Additionally, the app is open-sourced and subjected to third-party security audits. Finally, the app is non-custodial, meaning that it does not store users' private keys on its servers. This provides a layer of security that makes it difficult for hackers to steal users' funds.
Using the built-in exchange in the imToken wallet allows users to quickly swap tokens within the wallet. This is especially helpful if you have holdings in different chains and want to trade them for something you're more interested in. The internal exchange is powered by Kyber Network and 0x and features a variety of trading pairs. ImToken also has an integrated DEX, which will allow you to trade ETH for other tokens.
Importing a Mnemonic Phrase
ImToken Wallet is a mobile app that allows users to manage multiple-chain cryptocurrency assets and private information securely using one Mnemonic phrase. Unlike other wallet apps, it does not use a third party to store private keys. Instead, it uses a self-custodial system, which gives users full control over their assets and mnemonic.
During the installation process, the app will give users a 12-word recovery phrase that they should write down and keep somewhere safe. This is essential as if the user loses the mnemonic, they will not be able to recover their wallet and thus will not be able to access their digital assets. Consequently,Imtoken does not support USDT on ERC20 chain. , it is important to cross-check the mnemonic after backing it up to ensure that it is correct.
Users can import their mnemonic phrases by going to My Profile – Manage Wallets and tapping on the ETH-Wallet. From there, they can tap on “Import Phrase”. It is important to note that only the mnemonic phrases created or imported with the app will be accessible. Those imported through other methods like private key/Keystore cannot be recovered, so it is crucial to back them up on another device.
The app is currently available for iOS and Android devices, and it supports Ethereum (ETH) and tokens based on the ERC-20 standard. The company is also working on other features for its wallet, including keyless accounts and account recovery.