Digital Wallet Basics (2)
Last updated
Last updated
1.Installation and download: Open the official website address:Just download.
You can also search and download in the app store. Support Apple (requires overseas ID), Android system. Support: ETH, BTC, EOS and other mainstream currencies ImToken is one of the mainstream wallets in the current currency circle, a convenient and easy-to-use mobile light wallet app! It is a multi-chain wallet Complicated backup management. Simple payment method, easy import and export; multi-signature anti-theft.
2.Set up the wallet:
After the download and installation is complete, opening the APP will display two options: create identity and restore identity. Restoring identity refers to importing the wallet you had before. This is a beginner's tutorial, so you can ignore it here. Click the Create Identity option. The "ImToken Service Agreement" will appear, click on the lower left corner, I have carefully read and agree to the following terms. Click Continue to create an identity.
3.Fill in the identity information:
According to the prompt, fill in your wallet name, wallet password, wallet password prompt question (optional). Click Create to create a wallet. After creating the wallet, a backup wallet interface will pop up to prompt us to back up the wallet (you must back it up)
The password you set must be kept well! Because of the particularity of the wallet and for security reasons, imtoken will not store the password, and it cannot be retrieved! This password is only known to you, so be sure to keep it in mind!
4.Backup wallet:
Backup wallet (pictured) can be said to be the most important part of using digital asset security! Many newcomers are not used to backing up their wallets or private keys, resulting in complete loss of assets. There are also many newbies who are new to the blockchain, worrying about the security of assets and the theft of coins by hackers. According to incomplete statistics, the most common case of digital assets being lost is not being stolen, but that users themselves do not have a good backup wallet, or have forgotten the wallet mnemonic or private key!
Click on the backup mnemonic, and you will be prompted not to take screenshots (as shown in the figure) This is the most important part! Click on "Got it"
Then, copy the 12 mnemonic words in order, neatly and clearly, save them on paper, and click "Next", and then verify the mnemonic: Click on the 12 mnemonic words in order to verify. Finally, click Finish to end the backup mnemonic operation.
Then, copy the 12 mnemonic words in order, neatly and clearly, save them on paper, and click "Next", and then verify the mnemonic: Click on the 12 mnemonic words in order to verify. Finally, click Finish to end the backup mnemonic operation.
5.Safety self-test:
After the backup is completed, the system will prompt (as shown in the figure) a simple tutorial to get started quickly, click to start now, and familiarize yourself with the tutorial. Then click "Security Self-Test" at the bottom right
Based on wallet security considerations, it is recommended for newcomers to study first and then start the assessment. Some basic questions are very simple.
6.Using the wallet:
After all the above operations are set up, you will have your own ImToken wallet.
The string of codes below the avatar is your payment address, just like a bank account, others can transfer money to your wallet, just fill in this address, the left side can be generated as a QR code, and others can scan the code directly to you wallet transfers.
7.How to transfer to other currencies? (As shown above) Here we take ETH as an example and add ETH to our wallet. Click the plus sign at the red arrow in the picture to add a new asset, then drop down to find ETH, or search for ETH directly. Once found, click the button to the right of ETH to switch to the open state. When we return to the wallet home page, we can find that the ETH option appears in the wallet.
8.Transfer
The latest version of imtoken wallet supports three wallet types: Bitcoin BTC, Ethereum ETH and EOS. Take ETH collection and transfer as an example.
①After clicking the button in the first step, three wallet addresses will be displayed, select the first Ethereum wallet address.
②Click on ETH, if it is transferring in, click on receiving, if it is transferring out, click on transfer.
③Click "Receive", you can choose to copy the wallet address or scan the QR code to transfer to ETH, and click "Exchange" to receive other currencies, and click "Send" to specify the amount to be received.
④Click "Transfer", as shown in the figure, you can enter the amount to be transferred and the transfer address, and click the arrow on the far right of the miner's fee to open the adjustment of the miner's fee. After you have finished, click Next and you are done.
Remarks: The miner fee can be set by yourself. The higher the miner fee is, the faster the transfer speed is. Generally, the default transfer fee is used. The arrival time is about 10 minutes. .
9.Manage wallets
①Back up your wallet, click the three dots in the upper right corner to see "Backup Wallet".
②Import wallet:
③Select the wallet type to be imported, Bitcoin, Ethereum or EOS wallet;
④Select the mnemonic, Keystore and private key import, set the wallet password, and click Start Import to complete the wallet import.
The above is the usage tutorial of imToken wallet. There are many kinds of wallets on the market. Take imToken as an example to introduce the usage specifications and precautions of wallets.
The imToken wallet can only transfer money to a single address at a time. Click the corresponding asset to transfer money. The transfer requires miner fees, that is, handling fees. The handling fee must be ETH. If not, you need to buy ETH before transferring. The miner's fee ranges from 0.00006--0.00599999ETH. The miner fee can be set accurately in the advanced options.
The address must be carefully checked for transfers and receipts, because transactions cannot be changed, and if there is an error, the consequences will be irreversible.
As a light wallet of the Ethereum series, imToken supports all tokens of the Ethereum ERC2.0 standard. It can control the miner's fee for each issuance of coins, and set the amount of payment. At the same time, the transaction record query is convenient, the interface is clean, and the operation is simple and easy to use. Therefore, it is suitable for ICO investors who need to receive a variety of ERC2.0 standard tokens and trade infrequently.
Your digital assets are generally stored in exchanges, but the coins in the exchanges are actually just a string of numbers, which are not absolutely safe, and the coins in the wallet are relatively more secure.
