Ownbit Wallet App Detailed Guide and Operation Steps 2024

Ownbit Wallet is a multi-currency cryptocurrency wallet for storing, sending and receiving digital assets. Installation steps include downloading the app, creating a wallet, and backing up recovery phrases. Adding an asset involves selecting the asset and adding an address. To send assets, enter the recipient address and amount; to receive assets, share your deposit address. Security tips emphasize two-factor authentication, regular updates, and backup recovery phrases. Other features include transaction history, contact storage and custom settings.

Ownbit Wallet App Detailed Guide

What is Ownbit Wallet?

Ownbit Wallet is a multi-currency cryptocurrency wallet that supports storing, sending and receiving various digital assets, including Bitcoin, Ethereum, Litecoin and more.

Install wallet

1. Download the Ownbit app from the official website.
2. Open the app and create a new wallet.
3. Back up your recovery phrases and keep them in a safe place.

Add Assets

1. Click "Add Asset" on the home screen.
2. Select the asset you want to add and follow the prompts to add the asset address.
3. Wait for synchronization and the assets will appear in your wallet.

Send assets

1. Click on the account to which you want to send assets.
2. Enter the recipient’s address or scan the QR code.
3. Enter the sending amount and add a note (optional).
4. Click "Send" and confirm the transaction.

Receive assets

1. Click on the account you want to receive assets.
2. Share your deposit address or show the QR code.
3. You will be notified when the other party sends assets.

Security Tips

• Enable two-factor authentication for your device.
• Update the app regularly and backup your recovery phrases.
• Avoid using wallet on public Wi-Fi networks.
• Never reveal your recovery phrase or private key to anyone.

Additional Features

• Transaction History: View your transaction history, including assets sent and received.
• Contacts: Store the addresses of contacts with frequent transactions.
• Settings: Customize app settings such as currency units and language.

FAQ

• How to restore wallet? Recover your wallet on any device using your recovery phrase.
• What should I do if I forget my recovery phrase? Your wallet cannot be restored without a recovery phrase.
• Is Ownbit wallet safe? Ownbit uses industry-leading security measures to protect user assets.

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