Review on imToken Wallet by Francisco Varela
ImToken
imToken is a world renowned simple, secure and powerful mobile light wallet for managing Ethereum (ETH), Bitcoin (BTC), EOS and other digital assets. Which enables create or import wallets, execute transactions, conduct seamless token-to-token exchanges, and access a wide range of popular DApps directly with imToken 2.0.
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Pros
- It allows you as a user in full control of your private keys.
- ImToken does not store tokens on imToken servers. No one else can access their tokens unless we give away the secret private key.
- The private key of our tokens is kept securely in the encrypted storage of mobile phones.
- Opening imToken 2.0 and exchanging tokens on Instant Exchange, a one-click exchange base on smart contracts, means the tokens never leave the wallet.
- It only takes a password, a backup to access all the tokens. You just have to back up the wallet, with just one set of Mnemonic Phrase.
Cons
- High rates compared to other wallets on the market.
- It does not have 2-factor authentication.
- It is not open source and allows you to manage multi-signatures.
