How to Create a TokenPocket Wallet

Imagine a wallet where you can keep all your cryptocurrencies, which allows you to trade between different tokens, which has a news portal and a market for different decentralized applications. You don't have to imagine something like this because you will find all this and more in Token Pocket. Create a TokenPocket wallet and you will understand.

Token Pocket is a multi-chain wallet that uses blockchain technology and is available for all platforms on mobile phones, tablets and PCs. One of its greatest attributes is the guarantee of storing your tokens securely at the same time as it allows you to quickly access hundreds of DAPPS without downloading.

Token Pocket is a smartphone application entirely made in Japan and designed for the Ethereum ERC20 token. Able to be used on iPhones. Unlike MyEtherWallet, the ease of managing the wallet simply by a smartphone app is one of TokenPocket's biggest draws.

This article will introduce the procedure of creating a TokenPocket wallet and explain how to use it. But before, I present you an overview of this application.

✅ What is tokenPocket?

TokenPocket is the first multi-chain Crypto & DeFi wallet. Since its launch in 2018, it has provided reliable digital asset management services to over 20 million users worldwide.

It can apply to Ethereum and ERC20, which allow existing users to make a smooth transition. Additionally, tokenPocket is an entirely in-house application. It goes without saying that it is compatible with the Japanese language.

There are many online wallets that support the Japanese language, but the foreign-made apps usually make slight and subtle mistakes on the nuance.

TokenPocket also supports thousands by Dapp through its built-in DApp browser. You can not only win free airdrops, but also earn tokens through certain point of sale pools. As one of the most popular wallets among DeFi users, TokenPocket offers a fast and frictionless user experience.

Token Pocket Wallet Security

TokenPocket is an open source decentralized wallet. The private key is securely stored on your local device out of anyone's reach. TokenPocket also provides several ways to back up your key, to make sure it doesn't get lost.

You can access cold wallets, including Trezor, Ledger, and Yubikey in watch mode, without having to expose your private key. The wallet supports English, Chinese, Korean, Japanese and Spanish. QR Code available to send and receive crypto currencies.

Smooth mode allows you to use your wallet in case of insufficient resources and provides you with resources Free CPU and NETWORK.

✅ What networks are supported on Token Pocket?

TokenPocket supports all major blockchains, such as:

• Bitcoin
• Ethereum
• Binance Smart Channel
• TRON
• HECO chain
• Polygon
• Avalanche
• OKEx string
• KCC Mainnet
• BitTorrent channel
• Harmony
• GateChain
• Ghost
• Klaytn
• HALO Network
• Etc

✅ Advantages and disadvantages of a Token Pocket Wallet

Benefits

TokenPocket is a versatile crypto wallet that offers many benefits to users. First of all, it is a multi-chain wallet supporting the main blockchains in the crypto world such as Ethereum, BSC, Polygon or Solana. This multi-chain compatibility makes it easy to manage different types of digital assets based on these blockchains from the same interface.

Then, TokenPocket stands out by its ease of use, with a clean and intuitive interface suitable for both beginners and expert traders. The mobile wallet allows you to efficiently manage your crypto portfolio on the go, for permanent access to your assets. The decentralized trading feature is also very convenient for quickly trading different tokens.

Finally, security is a major asset of TokenPocket, which offers various advanced protections. The wallet uses data encryption and allows you to set a strong passphrase. Two-factor validation adds additional protection in the event of a potential hack. Thus, users can sleep peacefully with their cryptos safe in their TokenPocket wallet.

Drawbacks

Although offering many advantages, TokenPocket also has some disadvantages that are good to keep in mind. First of all, the wallet is primarily intended to mobile use via smartphones and tablets. The desktop version is still in an experimental stage, which may be a limitation for users wanting to manage their cryptos primarily from a computer.

Additionally, due to its software nature, TokenPocket depends on central servers to work. Although security is enhanced, this introduces the risk of downtime in the event of technical issues or attacks on these servers. Losing the wallet password can also result in permanent loss of access to cryptocurrencies.

Finally, the wallet is maintained by a small development team. Although competent, it sometimes takes time to correct bugs or improve certain features that users consider to be perfectable, such as the transaction history for example.

Thus, TokenPocket is a relevant choice for many use cases, but has some inherent weaknesses that are worth keeping in mind, particularly in terms of technical dependency and limited customer support. A case-by-case analysis remains necessary depending on the profile and needs of each individual.

⛳️ How to create a TokenPocket wallet?

First, let's download the app from the AppStore. It is announced that for security reasons it only supports the latest version of iOS11. Users can also check the method of creating a wallet from the official website of Token Pocket.

Step 1: Install Token Pocket

Visit the official website To install TokenPocket, you can download TokenPocket on Mobile or Desktop. Take Mobile for example:

Click on " Mobile To download the application.

Once you have downloaded it, open it to install it step by step.

Step 2: Create your portfolio

Open the TokenPocket app, click " No wallet ».

Choose the blockchain network you want to create (Take Ethereum Network as an example here)

Click on " Create a portfolio »

Set your wallet name and password, then check “ Terms of Use and Privacy ", click on " Create a portfolio " to continue

Enter the page " Backup Mnemonic”, and please do not take screenshots here for your safe assets, then click “ I understand »

Back up your mnemonic and keep it in a safe place, carefully read “ You have been warned! ", click on " Backup completed, check it »

Fill in the mnemonic words in order according to the words you copied, then click " To confirm ". After that, you have successfully created a wallet! in fact creating a Token Pocket wallet is similar to creating a Trust Wallet.

⛳️ Closing

Installing and creating a TokenPocket Wallet account is a simple task. Setting up the password and saving the seed phrase are the two essential steps in creating the TokenPocket account. Anyone with your secret recovery phrase can access all your assets.

Therefore, remember to store your seed phrase in multiple physical locations to prevent it from being lost. If you lose them, no one can access your account, even TokenPocket developers.

Beware of phishing attacks! Under no circumstances will TokenPocket ever ask you for your recovery passphrase.

Before you leave, here are some alternatives:

Create a BlockFi account as easily as on Token Pocket. If you want to invest on a platform like Binance, then create a Lbank accountStrolling along the Bitget Account on the other hand are a little similar to the accounts Robinhood Account