How to collect money in iToken cold wallet (2024)

It is very simple to receive cryptocurrency from iToken cold wallet: 1. Generate the receiving address; 2. Copy or share the receiving address; 3. Wait for the cryptocurrency to arrive; 4. View transaction history. Additionally, be sure to send funds correctly, test a small number of transactions, pay attention to device security, and back up private keys and recovery phrases.

How to collect money in iToken cold wallet

Straight to the point answer:

iToken cold wallet The process of receiving cryptocurrencies from your wallet is very simple. You need a receiving address, which can be generated from the wallet app or the device itself. Once you have an address, you can send cryptocurrencies to that address and they will be stored in your cold storage.

Detailed steps:

1. Generate receiving address:

   • Open iToken wallet application program or device.
   • Enter the receiving page, usually by clicking the "Receive" or "Generate Address" button.
   • Select the type of cryptocurrency you want to receive.
   • The wallet will generate a unique receiving address.

2. Copy or share the receiving address:

   • You can copy the receiving address or share it via QR code.
   • Senders can send you cryptocurrencies in a variety of ways, such as e-wallets or exchanges.

3. Wait for the cryptocurrencies to arrive:

   • Once the sender sends the cryptocurrencies, they will be sent to your recipient address.
   • The time required for transaction confirmation depends on network congestion and fees.

4. View transaction history:

   • You can view this by accessing the transaction history on your wallet app or on your device Cryptocurrency received.

Note:

• Make sure you are sending cryptocurrencies to the correct receiving address.
• Please send a small test transaction before sending large amounts of funds.
• Cold wallets act as an offline storage solution, so it is important to ensure that your device remains secure.
• Back up your private keys and recovery phrases regularly.

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