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Review on imToken Wallet by Alex Martakov

Revainrating 5 out of 5

ImToken is a serious-designed wallet with a built-in Dapps browser and its own…

ImToken is a serious-designed wallet with a built-in Dapps browser and its own decentralized token exchanger, which puts the wallet on the same level with the exchanges. A huge number of users and record deposits allow you to be calm for the security and reliability of the application.
Reviews that I found about the wallet Imtoken say that the application is very interesting, but there is not a big Chinese bias. Since the wallet is based on the Ethereum network, it can transfer all tokens from ERC20, which is very convenient for users. The wallet is not very popular, so there are very few reviews about it, so we can not vouch for its reliability and security.

While major competitors like Coinbase and Electrum are the most common cryptocurrency wallets, a lesser-known Chinese wallet called imToken has received $10 million in funding from IDG Ventures. With the help of this wallet, more than $35 billion is stored in cryptocurrency, most of these funds belong to Chinese investors.



Pros
  • - Backup recovery using SEED phrase - Browser with support for DApps - Built-in decentralized token exchanger - Transactions without the need to synchronize with the blockchain - Monitoring of prices of the world's largest exchanges with the ability to set notifications of price achievement - Creating a cold wallet using a device disconnected from the Internet - Private keys are stored encrypted on the user's device - Encrypted personal data is stored in a decentralized IPFS storage network The wallet is available for download both for Android from Google Play Market and iOS from appStore. Judging by the reviews on the play market, this wallet is still fresh and has a number of shortcomings that are eliminated by the developers, as well as I want to say that imToken is literally created for the ether and immediately determines almost all possible tokens.
Cons
  • Only for mobile devices, Closed source, No additional services

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