How to use the imKey wallet for transferring funds?

How to use the imKey wallet for transferring funds?

This article introduces the steps to transfer assets to a cryptocurrency exchange using the imKey wallet, using USDT transfer as an example. Different wallet types require different deposit addresses, so it is important to ensure that the correct deposit address is used to avoid error prompts. Additionally, specific cryptocurrency is required to pay transaction fees when transferring funds, so it is important to ensure that the wallet has sufficient funds of the specific cryptocurrency to cover the fees. This article also provides specific steps for using the imKey wallet to transfer funds.

If you want to transfer your assets from imKey wallet to an exchange, you need to know how to obtain the correct deposit address for the exchange before transferring, taking USDT transfer as an example:

  • To transfer USDT in an ETH wallet, you need to copy the exchange's ERC20 USDT deposit address;
  • To transfer USDT in a BTC wallet, you need to copy the exchange's OMNI USDT deposit address;
  • To transfer USDT in a TRX wallet, you need to copy the exchange's TRC20 USDT deposit address.

If you transfer USDT in an ETH wallet and copy the exchange's TRC20 USDT deposit address, you will receive an "incorrect wallet address" prompt.

Friendly reminder: You need to use a specific cryptocurrency to pay the transaction fee when transferring, so please make sure that your wallet has enough specific cryptocurrency to pay the fee.

  • When transferring ERC20 USDT, it is recommended that you have at least 0.02 ETH in your ETH wallet;
  • When transferring TRC20 USDT, it is recommended that you have at least 10 TRX in your TRX wallet;
  • When transferring OMNI USDT, it is recommended that you have at least 0.0001 BTC in your BTC wallet.

    Note: All fees are charged by the blockchain network, and imKey does not charge any fees.

    Next, we will use the example of transferring USDT from imKey's ETH wallet to introduce how to use imKey wallet for transfers. Let's take a look together!

    Preparations

    • Turn on imKey hardware wallet and enable Bluetooth on your mobile phone (Android phones need to enable GPS location services);
    • Before transferring, please make sure that there is enough ETH in your ETH wallet to pay the miner fee.

    How to Transfer Assets with imKey

    1. Open imToken, click the icon in the upper left corner, enter the "Select account", and then click on the ETH wallet of the imKey hardware wallet.


    2. Click "Transfer", select USDT, paste the recipient's address from the exchange, and enter the amount to transfer. Then, click "Next".
      Note: The receiving address should be the ERC20 USDT deposit address.


    3. After clicking "Request imKey Confirmation", check the "Payment Information" on the imKey hardware wallet and click the down arrow.


    4. After confirming the "Receiving Address" and "Miner Fee," click the "OK" button to sign and confirm. Wait a moment, and you will see the USDT you transferred in the recipient's address.

    5. Note: You can check the status of your transaction in the "Activity" section on the wallet's home page.