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How To Store OMI Tokens On The ECOMI Secure Wallet

BitForex Editor
Mar 24, 2021

As digital options of various processes continue to evolve and dominate the traditional methods that were once used, the need for extra security is paramount. Since the inception of blockchain technology, several innovative projects have begun to emerge. From purchasing different items online with a digital currency that is decentralized to virtual worlds in which you can exchange a variety of non-fungible tokens (NFTs).  The possibilities are endless.

There is one factor that every transaction processed over different types of blockchain network have in common; a digital currency and a digital wallet. A safe wallet allows you to store your cryptocurrencies without any fear of losing them. A secure wallet gives only you access to your crypto coins whenever you decide you need them. There are different types of crypto wallets available such as software, hardware, and paper wallets. In simpler terms, crypto wallets can either be hot or cold.

Hot wallets are digital wallets connected to the internet, which can be used to fund any digital transaction. Cold wallets, on the other hand, are not connected to the internet but use a physical medium to store the keys required to access your cryptocurrencies. Hence, cold wallets are considered safer because they are less susceptible to hacking. This is the very reason why the ECOMI secure wallet is the best option for storing your OMI tokens easily.

What is The ECOMI Secure Wallet?

The ECOMI secure wallet is undoubtedly the safest and most convenient place to store your OMI tokens. Aside from the fact that this cold storage is purposely designed to support OMI tokens, it's also a cold storage wallet. Hence, it reduces the risk of your coins getting stolen by online hackers, as you have total control over them.

There are also different features that make the ECOMI secure wallet, unlike other cold wallets you can compare it with. Some of these features include;

1.It comes with the CC EAL5+ security, which basically signifies that a specific product has been security tested. This wallet is designed specifically for high-performance security chip card management.

2.It is designed in the thickness of a credit card, which makes it compact and convenient to move around.

3.It enhances contactless processes, as it is never directly connected to a device currently online.

4.The cold wallet can be easily connected to your ECOMI app on your phone. Hence making it super easy to send and receive tokens. Also, it offers different recovery methods in the advent you lose your wallet.

What's also great about the ECOMI app is that it features an inbuilt Changelly integration, which you can use to convert your cryptocurrencies without needing an exchange.

The ECOMI secure wallet also supports other cryptocurrencies aside from OMI tokens such as;

1.Binance Chain

2.GoChain

3.Large tokens such as Bitcoin, Litecoin, XRP, Ether, Bitcoin Cash

4.Over 600 ERC20 tokens

5.Ethereum-based tokens

How To Store Your OMI Tokens with the secure Wallet

Using the ECOMI secure wallet is similar to using other cold storage wallets available. In fact, if you've used a cold wallet before, it'll be a breeze.

Before you can store your OMI tokens on your ECOMI secure wallet, you need a seed phrase and an OMI address similar to a Bitcoin address. You can get the by setting up a Trust wallet online.

The following are the steps to creating your trust wallet;

1.Download the trust wallet app (compatible with both Android and iOS mobile phones)

2.A 12-word seed phrase will be provided to you. Make sure to record and keep it safe offline. You will need this seed phrase whenever you need to use this wallet to process transactions.

3.Tap on the menu key available in the. the top right corner of the app and search for 'GoChain'

4.Tap on 'GoChain' and switch it on

5.Go back to your home screen and ensure the GoChaim wallet is visible

6.Locate the menu option again (available in the top right corner of the app)

7.Select '+ Add custom token' after scrolling to the bottom

8.Switch the Network to GoChain

9.Add the OMI contact address 0x5347FDeA6AA4d7770B31734408Da6d34a8a07BdF

10.It will then autofill the name of your preferred token, symbol, and chosen decimals.

11.After this is visible, tap 'Save'

12.You will then see the OMI token added but as a Go20 token. To get your public address or QR code, tap on 'receive' or 'Share'

With this address, you can send any amount of OMI tokens to any address of your choice.

Aside from the ECOMI secure wallet, there are other ways you can store your OMI tokens online.

The GoChain Web Wallet 

You can easily store your OMI token on this wallet, and although the interface may be a bit confusing, it is also easy to use. All you need to do is create a GoChaim Web wallet and you will be given an alphanumeric sequence instead of the 12-word seed phrase as your private key. Be sure to also keep this private key safe, because you will need it to access your wallet again.

You can easily send and receive OMI token using the address of your wallet.

The ECOMI secure wallet is the best option you can use to keep your OMI token safe and secure. Aside from OMI tokens, this innovative piece of technology can also store other tokens such as Bitcoin, Litecoin, XRP, Ether, etc. With the best security detail and likeness of a credit card, you can keep store your cold wallet easily. Be sure to get yours and enjoy one of the best security measures available for cold wallets globally.

About BitForex:

BitForex is an exchange service platform that can be classified as one of the Top 10 cryptocurrency exchange services. It is focused on providing millions of users with a digital currency trading and investment tool that is not only safe but also professional and convenient. BitForex has a high customer-oriented culture and state-of-the-art financial technology.

BitForex is programmed in a way that it can quickly adapt to the changes of the Crypto market while introducing new features like margin trading, enhanced trading charts,  derivatives, and a host of others. The headquarter of BitForex is located in Hong Kong, while there are branch offices in countries like the United States, South Korea, and Singapore.

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