Five IMtoken Wallets That Have Gone Too Far
Founded in 2016, imToken is a Chinese blockchain startup that offers a digital wallet platform to safeguard users' cryptocurrency assets. Since then, imToken has managed to secure more than $35 billion in crypto assets, and the company claims to have more than four million monthly active users. The company's wallets are designed to be user-friendly and secure, and allow users to manage a variety of digital assets on a variety of blockchains.
Founded by Ben He, imToken's core market is in China, where the company has offices in Shanghai and Beijing. Its investors include Qiming Venture Partners, a leading China venture capital firm, as well as Signum Capital and Longling Capital. IDG Capital, a US-based venture capital firm, recently invested $10 million in imToken's Series A round. imToken also recently announced plans to expand its footprint in major Asian markets and the United States.
imToken's digital wallet platform currently supports more than 30,000 tokens, including ERC20 and ERC721 tokens, as well as BTC, ATOM, and ETH. It also offers users the ability to stake crypto in the app,Imtoken Apple APP , and can be used for cold storage. In addition, imToken also provides users with access to a decentralized exchange, which is managed by Tokenlon. imToken also supports automated token discovery, display of prices in DeFi protocols, and layer 2 asset management.
imToken's wallet provides secure access to digital assets by using fingerprint and password security. The company also offers users cold storage, as well as the ability to switch between networks. The wallet has no desktop version. It uses Tokenlon, the trustless token-to-token DEX aggregator, and Kyber Network to secure assets. Its transaction fees are relatively low, and there are no fees to withdraw or deposit coins. It has been designed with ease of use in mind, making it one of the easiest to use wallets available.
imToken also offers users a wide variety of other features,download Imtoken do you have to pay a fee , including a decentralized exchange, Dapp browsing, and money transfer. In addition, it offers users a wallet that supports ERC721 tokens, XTZ tokens, and EOS (EOS). The wallet also supports automated token discovery and layer 2 asset management, which allow users to safely and easily manage their assets across a variety of blockchains.
In addition to its wallet platform, imToken also provides an in-app decentralized exchange that lets users trade ERC20 tokens for other cryptocurrencies. ImToken has also partnered with Tokenlon, which has facilitated over US$10 billion in trading volume.
imToken is also working to expand its footprint in major Asian markets, including China, Southeast Asia, and the United States. In addition, it plans to launch a number of new features and invest in new funding to help it accelerate the development of imToken 3.0.
imToken's wallet is a good way to securely store your digital assets, but there are a number of drawbacks. The company's customer support is not helpful, and the app has poorly translated communications. A few of the features are also slow to load.