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Ownbit wallet mobile phone usage tutorial and precautions

PHPz
Release: 2024-08-27 18:37:01
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To use Ownbit wallet, follow these steps: Download and create wallet, set password and recovery phrase. Store cryptocurrencies, send cryptocurrencies and exchange cryptocurrencies. Manage assets and take security seriously, keep passwords and recovery phrases safe, do not keep copies of private keys, make regular backups, update applications, and be careful of phishing scams.

Ownbit wallet mobile phone usage tutorial and precautions

Ownbit wallet mobile phone usage tutorial

How to use Ownbit wallet?

  1. Download the App: Download the Ownbit app from Google Play Store or Apple App Store.
  2. Create wallet: Open the app and follow the prompts to create a wallet. You need to set a password and backup recovery phrase.
  3. Backup Recovery Phrases: Safely save recovery phrases to an offline location. If you lose your device or forget your password, you can use this phrase to recover your funds.
  4. Store cryptocurrencies: Send cryptocurrencies to your wallet address. You can transfer funds from exchanges or other wallets.
  5. Send Cryptocurrency: Enter the recipient address and specify the sending amount. Confirm the transaction and enter your password.
  6. Exchange Cryptocurrencies: Ownbit supports exchanging cryptocurrencies within the app. Select the tokens you want to exchange and the exchange amount.
  7. Manage Assets: You can view your wallet balance, transaction history and portfolio value.

Notes:

  • Safety first: Keep your passwords and recovery phrases safe. Never share this information with others.
  • Keep your keys safe: Do not keep screenshots or copies of your wallet private keys. If your device is lost or stolen, your private keys may be compromised.
  • Regular Backup: Regular backup of recovery phrases in case of device failure or loss.
  • Update App: Keep the Ownbit app to the latest version to ensure its security and stability.
  • Beware of phishing scams: Do not click on suspicious links or download attachments, they may contain malware.

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