Home web3.0 How does icp coin refer to wallet?

How does icp coin refer to wallet?

May 09, 2024 pm 05:09 PM
Blockchain exchange Blockchain browser

Steps to transfer ICP coins to the wallet: Select a wallet that supports ICP coins (DFINITYCanister, InternetComputerHub or StoicWallet). Get the wallet address. Send ICP coins from an exchange or other source to a wallet address. Wait for the transaction to be confirmed, which usually takes a few minutes to a few hours.

How does icp coin refer to wallet?

How to transfer ICP coins to wallet

ICP coins are the native tokens of the Internet Computer Protocol blockchain. To use ICP Coin, you first need to transfer it to a wallet that supports it.

Steps

1. Select a wallet that supports ICP coins

  • DFINITY Canister: This is Internet Computer Native wallet.
  • Internet Computer Hub: Official browser extension wallet developed by the DFINITY team.
  • Stoic Wallet: A third-party wallet that supports ICP coins and NNS.

2. Get the wallet address

  • After creating the wallet, go to the "Receive" or "Deposit" tab.
  • The wallet will provide a unique ICP coin address, usually starting with "0x".

3. Send ICP coins from the exchange or other sources

  • Log in to the exchange or ICP coin source.
  • Navigate to the "Withdraw" or "Send" tab.
  • Enter the wallet address and enter the amount of ICP coins to be sent.
  • Confirm the transaction and pay any necessary fees.

4. Wait for transaction confirmation

  • ICP coin transfers may take anywhere from a few minutes to a few hours to be confirmed.
  • Trade status can be tracked through the exchange or blockchain browser.

FAQ

Q: How long will it take to receive ICP coins?

  • Transaction confirmation time depends on network congestion. It usually takes a few minutes to a few hours.

Q: Do I need to pay a handling fee?

  • Yes, there is usually a small fee charged by the exchange or network.

Note:

  • Make sure to enter the correct wallet address and ICP coin amount, as wrong transfers are irreversible.
  • Keep the wallet private key properly. If the private key is lost, ICP coins will not be accessible.

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