Faq
Find the answers to the frequently asked questions here.
IH WALLET
What is IH WALLET?
IH Wallet is an official crypto wallet based on blockchain technology from Ikh Bit LLC. This wallet is developed using blockchain technology and only you can manage your assets. You can transfer and receive BEP-20 and ERC-20 cryptocurrencies with high security with Binance Smart Chain and Ethereum networks.
Where can I download IH WALLET?
You can go directly to Google Play store, or Apple App Store.
How to sign up on IH WALLET?
Open the IH WALLET and click on the OPEN NEW WALLET button that appears on the screen. Please read and agree to the three warnings. After that, save the 12 secret keywords that appear and enter them on the next page in the order in which they appear, after which you will create a 6-digit passcode to log in and your IH WALLET will open.
How to deposit crypto in IH WALLET?
Log in to IH WALLET, select from the coins in the ASSET section, select BEP-20, ERC2-20 network> Copy address or scan QR code to deposit. When you make a deposit in your wallet, please check if you are transferring to the right wallet address.
What are 12 secret keywords?
When you first create your wallet, you are given 12 secret keywords, which are used when you reset your wallet on another device. Please note that you must keep your 12 secret keywords on paper that you can only see and not share them with anyone else. If you lose these 12 secret keywords, be aware of the risk of losing your property.
What coin stakes are available at IH WALLET?
Currently, only IHC coin stake is available.
What if I lose my 12 secret keywords?
If you lose the given 12 secret keywords, you might lose all your assets, so please keep your 12 secret keywords safe.
Things you can do using IH WALLET
- Create a wallet
- Wallet recovery
- Send crypto assets
- Receive crypto assets
- View transaction history and details
- Staking (Yield farm)
- DeFi trading
How to make a crypto transfer? (How to send a crypto?)
1. Click the SEND button from the home page
2. Select the coin you want to send from the home page and click the SEND button
How do I Swap tokens on IH WALLET?
Select the DeFi Swap, enter the IHC coin amount and click the sell button to proceed to the trading confirmation section. You can check the trading amount and transaction fee and click the confirm button. Please remember that the minimum amount that can be traded is 1000 IHC.
How to change language on IH WALLET?
Staking (Yield farm) is a service that allows users to increase their assets by creating savings using their crypto assets. By participating in this service, you can save your crypto assets for 30, 60, 90, 180 and 365 days and earn interest.
How do I start staking?
By joining the staking service, your crypto assets will be locked out of use until the service expires. At the end of the service period, go to the Deposit List section and click on the CLAIM button to collect your Crypto Assets (IHC) and Deposit Profits into your wallet.
Is it possible to cancel the staking service ahead of time?
Remember that the “staking service” cannot be canceled ahead of time.
What is a transaction fee?
IH WALLET is based on a blockchain, and each transaction on a blockchain has a different fee depending on the network and the current load. Therefore, IH WALLET is not able to set transaction fees.
What is BEP-20?
BEP-20 is a token standard based on the Binance network. BEP20 standard tokens standard tokens are only available for transactions on the Binance network.
What is ERC-20?
ERC-20 is a token standard based on the Ethereum network. ERC20 standard tokens are only available for transactions on the Ethereum network.
What base token do you need for staking?
IHC is based on the Binance Smart Chain and is a BEP-20 standard token. In order to stake your asset, you need to pay a transaction fee. This is the BNB token of Binance Smart Chain.
What is a base token?
A base token is a network token. For example, the Binance Smart Chain base token is BNB. Users use this token to pay for transaction fees on Binance Smart Chain.
How fast does the transaction go into the wallet?
Remember that the “staking service” cannot be canceled ahead of time.
Restrictions and prohibitions
IH WALLET is available in any country that allows Binance Smart Chain and Ethereum networks.
What to look for when using the application?
- When creating a new wallet, keep your 12 secret keywords safe and secret
- Don’t share your 12 secret keywords with anyone else
- Don’t use an easy-to-guess passcode
- Activate fingerprints and Face ID, if you have a device that supports these features
- Lock or logout of your IH WALLET application when someone else is using your phone
- Delete your wallet and save 12 secret keywords when selling or exchanging your phone
- Save your 12 secret keywords before deleting your application and deleting your phone information
Do I have to pay to use IH WALLET?
You can register and create your wallet for free. Using the IH WALLET application, you can create and retrieve wallets, send, and receive crypto assets in Binance Smart Chain and Ethereum networks, view transaction history details, create savings, and DeFi trading.
What tokens are supported in the IH WALLET?
- Inflation Hedging Coin (IHC)
- Yearn.finance (YFI)
- Wrapped BNB (BNB)
- Maker (MKR)
- Chainlink (LINK)
- PancakeSwap Token (CAKE)
- Cosmos (ATOM)
- Tether USD (USDT)
- Binance-Peg Tezos Token (XTZ)
- Binance-Peg BSC-USD (BUSD)
- Ethereum (ETH)
- Polygon (MATIC)
- 1 inch Network (1INCH)
Note: The supported token list can be changed at any time.