An IoTeX (IOTX) wallet is a self-custody tool that enables you to securely store, send, and receive IOTX tokens and other digital assets. It serves as your gateway to the IoTeX ecosystem, allowing you to engage in cross-chain token swaps, explore NFT marketplaces, interact with decentralized applications (DApps), and discover a wide range of Web3 opportunities. This all-in-one solution is designed to provide a safe and seamless on-chain experience.
Core Features of an IoTeX Wallet
Self-Custody of Assets
Maintain full control over your digital assets with a non-custodial wallet. The IoTeX wallet is globally recognized as the first crypto wallet certified by CertiK, offering top-tier security for your holdings.
Unified Portfolio Overview
Gain a professional and comprehensive view of your assets by monitoring balances not only on the IoTeX network but also across others, including Bitcoin. This feature supports better investment decision-making.
Cross-Chain Swaps and Trading
Access liquidity across more than 500 decentralized exchanges (DEXs) and 38 NFT marketplaces to find the best rates. Execute flexible token swaps and cross-chain transactions efficiently, all within a single interface.
Extensive Token Support
Stay ahead of market trends with support for over one million tokens, including 120,000 new tokens added on average each week. Explore and manage a diverse portfolio with ease.
Best Practices for Securing Your IoTeX Wallet
Regularly Backup and Update Your Wallet
To prevent potential asset loss, make it a habit to create regular backups of your wallet data. Store these backups in a secure, offline location. Additionally, keep your wallet software and device operating system updated to ensure you have the latest security patches.
Safeguard Private Keys and Recovery Phrases
Never store your seed phrase on internet-connected devices due to the risk of exposure. Use offline methods, such as writing it on paper and storing it in a safe place. Never share your recovery phrase with anyone.
Stay Vigilant Against Crypto Scams
Only download wallet applications from official sources to avoid phishing sites and malicious software. Always be cautious and double-check URLs and communication to prevent falling victim to scams.
Manage Wallet Authorizations Periodically
Regularly review and revoke any unnecessary token or DApp approvals to minimize security risks. Always verify recipient addresses carefully before confirming any transaction.
Frequently Asked Questions
What should I look for in a good IoTeX wallet?
An ideal IoTeX wallet should combine strong security with user-friendly operation. It should support core functions like cross-chain swaps, NFT exploration, and interaction with DeFi protocols and DApps. Look for features such as real-time transaction tracking, robust encryption, and smooth performance on the IoTeX network.
How do I create an IoTeX wallet?
Creating a wallet is a straightforward process:
- Download a trusted wallet application from its official website.
- Follow the in-app instructions to generate a new wallet.
- Carefully write down your recovery phrase and store it securely.
- Fund your wallet by receiving IOTX from an exchange or another user.
How do I use my IoTeX wallet for transactions?
- To send IOTX, enter the recipient’s address, specify the amount, and authorize the transaction.
- To receive funds, share your public address with the sender. Transactions will reflect after network confirmation.
- Use the wallet’s dashboard to monitor balances, review transaction history, and explore integrated DApps.
How do I deposit and withdraw IOTX using my wallet?
- To deposit from an exchange: Log into your exchange account, navigate to the withdrawal section, select IOTX, enter your wallet’s public address, and confirm the transaction.
- To withdraw to an exchange: In your wallet, select “Send,” paste the exchange’s deposit address, enter the amount, and approve the transaction.
For those looking to explore advanced wallet features and security tools, further resources are available to enhance your Web3 experience.