ERC-20 Wallet
ERC-20 Wallet on CEX.IO : For iOS, Android, and Desktop Users
Are you searching for the best ERC-20 wallet? We know it may take time to find a reliable option, so we designed a secure online wallet for Ethereum-based tokens. This guide will tell you how to use the CEX.IO Wallet and how to store and manage your ERC-20 tokens safely on any device.
Read our easy guide and create your TERC-20 Wallet today!
ERC-20 Wallet for All Devices
Although some people meet ERC-20 tokens for the first time, these assets already run a large part of the crypto world. ERC-20 is the token standard on the Ethereum blockchain, and thousands of projects use it for their coins. When you hold assets like USDT, USDC, or LINK, you hold ERC-20 tokens. Many people who buy ERC-20 tokens often wonder where to keep them safely. The best way to do that is to find a reliable crypto wallet. CEX.IO offers a highly secure and convenient wallet app. In our guide, we will talk about what features the safest ERC-20 wallet should have and how you can create an easily accessible ERC-20 wallet on CEX.IO.
Types of wallets for keeping digital assets
Crypto wallets are similar to traditional wallets, but conventional ones keep paper money. Crypto wallets hold virtual currency. So if you do not know where to store your digital assets, think of creating a crypto wallet on CEX.IO.
Digital wallets for cryptocurrency come in various formats, and each format has its own benefits in convenience and security. But regardless of the format, the protection of your funds remains your responsibility. Keep the passwords that give you access to your digital wallet highly protected.
What are Ethereum and ERC-20 Wallets?
The Ethereum blockchain is an ecosystem of different crypto instruments. You may have heard about them: smart contracts, dApps, and DeFi projects. ERC-20 is a set of standards for creating tokens on this blockchain. Every ERC-20 token follows the same rules, so any wallet that supports Ethereum works with these tokens automatically.
An ERC-20 wallet is a wallet that supports the Ethereum network and holds tokens built on this standard. The same wallet address that holds ETH also holds your ERC-20 tokens. So if you look for storage for your ERC-20 tokens, you just need an Ethereum-based wallet. CEX.IO supports hundreds of ERC-20 tokens, and you can view prices, convert, buy, and sell them right on the platform.
CEX.IO ERC-20 Wallet
CEX.IO Wallet is a product designed to securely store ERC-20 tokens, BTC, ETH and other virtual currencies, and to easily manage your funds.
Unlike most standalone ERC-20 wallets, this one lets you buy supported tokens by simply using your card. You can also sell your digital assets and get cash on your balance or payment card. Additionally, you can convert one ERC-20 token into another, or exchange them for other crypto and fiat currencies.
Still, the main advantage of the CEX.IO Wallet is its user-friendly interface. You can quickly find the option you need, manage your funds on the go, and track the changes in your portfolio value at a glance.
How to use ERC-20 wallet by CEX.IO
CEX.IO Wallet gives you the possibility to send ERC-20 tokens and receive them with minimal possible commissions. What is more, you can buy, sell, and exchange your digital assets anytime. The Wallet has a clean design and interface, so it will not take you a lot of time to start managing your funds like a pro. Finally, the CEX.IO Wallet comes from one of the most trusted crypto platforms in the world. You can rely on the security of your holdings and transactions.
How to register at CEX.IO wallet
- The process of registration will not take a lot of time. You need to enter your email, create a secure password, and choose your country. Accept the Terms of Use and Privacy Policy and confirm the email by entering the code we send to you. Enter your first and last name and your date of birth to finish the setup. Done! Now you can send and receive ERC-20 tokens, purchase digital assets, sell, and exchange them anytime you need.
How to deposit money at CEX.IO wallet
- In the Wallet menu, choose the token you want to deposit.
- Then tap the Receive button and enter the amount you want to add to your wallet. Opt for the payment method and tap the Deposit button.
- Once completed, make sure the payment details are correct and tap Confirm Deposit.
- Finally, funds will appear in your wallet.
- To move an ERC-20 token from an external wallet, go to the Wallet section, select the token, and tap Receive. Copy the Ethereum deposit address shown on the screen, because this address works for all your ERC-20 tokens. Always confirm the network is Ethereum before you send.
How to buy ERC-20 tokens at CEX.IO wallet
If you want to buy virtual currency easily, for example, buy an ERC-20 token with a credit card, you can use your CEX.IO Wallet for that.
- On the main page, opt for the Buy button on the toolbar.
- Select the ERC-20 token you want from the list of supported assets.
- After this, enter the amount of USD, EUR, or any other available fiat you want to spend.
- Select the payment option and tap Buy. You will see the amount of crypto you get after the purchase.
Finally, double-check that everything is correct and confirm. The amount of crypto on your wallet will update accordingly.
How to sell ERC-20 tokens at CEX.IO Wallet
Following the crypto prices, you can spot a favorable market rate for selling your digital assets. And you can use your CEX.IO Wallet to sell your ERC-20 tokens for cash. The process goes as follows:
- Select the Sell option on the toolbar on the main page.
- Choose the ERC-20 token you want to sell and type the amount.
- Select where you want to receive your money, a card or a bank account. A new tab with details will appear. Make sure all information is correct.
- Finally, tap Sell Now, and the amount of virtual currency you sold will leave your wallet. Then you will receive your fiat to the chosen destination.
FAQ
How to send ERC-20 tokens from CEX.IO wallet
If you want to send your assets to another wallet, open the Wallet app, choose the token, and tap the Send button. You will move to the next screen, where you enter the amount and the recipient address. Type a one-time address, or choose one from Saved Addresses if you made withdrawals before. Confirm the network is Ethereum, make sure the details are correct, and tap Confirm Sending. Transfers between CEX.IO users through CEX.IO Pay complete instantly with no fee.
Which is the best mobile ERC-20 wallet to use?
If you want to keep and manage your ERC-20 tokens in one secure place, try the multi-currency Wallet by CEX.IO. This service lets you send, receive, buy, sell, and exchange digital currencies with minimum effort. The wallet links to your CEX.IO account, and the funds you keep there work across the whole platform. The app runs on both Android and iOS, so you can manage your portfolio from your phone anytime.
What is an ERC-20 address?
An ERC-20 address is a standard Ethereum address that starts with 0x. The same address holds your ETH and every ERC-20 token you own. You find your CEX.IO ERC-20 deposit address by going to the Wallet section, selecting any ERC-20 token, and tapping Receive.
What are the payment methods at CEX.IO Wallet?
At CEX.IO Wallet, you can use debit or credit cards or your bank account to pay for transactions. As well, you may proceed with payments in over 80 digital currencies. Available methods depend on your country of residence.
Where to find the safest crypto wallet?
Check the security of the wallet, at least whether it provides multi-factor authentication, and look at who the provider is. Reputation plays an important role here. The more people trust the wallet, the safer it tends to be. For instance, CEX.IO Wallet comes from a trusted global crypto platform that has operated since 2013 and serves millions of registered users.
Should I use a crypto wallet by CEX.IO?
The CEX.IO crypto wallet is a secure place for your funds, with support for many options, including fiat payments. The wallet lets you send, receive, and spend your ERC-20 tokens and other cryptocurrencies at affordable fees. You also get card purchases, conversions, and portfolio tracking in one app.