Credit Wallet Guide
Welcome Credit Penguins to the Credit Wallet App Guide! This tutorial will walk you through the phases of setting up and using your wallet. Let's get into it!
1. Download and Installation
Start by downloading the Credit Wallet app:
The good news is that you can download Credit Wallet on multiple devices, allowing you to access your crypto assets wherever and whenever you need it most.
2. Wallet Creation and Recovery
Once you’ve installed and opened the app, you have a few options to pick from:
Create a New Wallet
You can generate an entirely new wallet. When you do, be sure to store your recovery phrase in a safe and secure location. Some people choose to stamp their seed phrases into metallic plates, but one thing has to be clear—never share your personal recovery phrase and avoid storing it online.
You can create up to 3 wallets with the app, each of which may contain 15 unique addresses! For convenience, you can even give nicknames to frequently used or even hide addresses to keep everything clutter-free.
Wallet Recovery and Cloud Backup
If you already have an existing wallet, you can easily recover it with a recovery phrase. The app also supports cloud backups, allowing you to utilize either iCloud or Google Drive.
3. Asset Management
Adding and Viewing Assets
Manage Assets: You can add Creditcoin, Ethereum, and other EVM-supported assets to the wallet and keep track of the balances in one place. When new tokens are added, the ticker and logo will be automatically detected and recognized within 1-2 minutes.
Transaction History: Whenever you add new tokens and interact with smart contracts on-chain, you can always review recent activities to find details like the wallets involved, the transaction hash, and the swapped funds.
4. Token Transactions
Receiving Assets
Generate QR Code: First, navigate to the receiving page and generate a QR code. You can also copy it to your clipboard with a single tap, and use it to populate smart contracts with your address.
Sending Assets
Set the Amount: Select how much to send based on our available funds. You can also select ‘Max’ to send all the funds available from a given token you wish to send.
Select Recipient: Enter the recipient’s address manually, copy it from your clipboard, or select from any of your nicknamed contacts in the address book.
Adjust Transaction Fees: Depending on network congestion, choose from three tiers of transaction speeds to optimize the desired gas fees.
Creditcoin Testnet Support
Activate Testnet Mode: Enable testnet mode from the settings menu to play around with testnets. Creditcoin Testnet (EVM), Creditcoin Native Testnet (Substrate), and Ethereum Sepolia are supported.
Token Transfer Between Creditcoin Native (Substrate) and Creditcoin (EVM)
Substrate to EVM Transfer: Select the CTC token on the Creditcoin Native chain, enter the Creditcoin chain address (0x...xx), and send.
EVM to Substrate Transfer: Select the CTC token on the Creditcoin chain, enter the Creditcoin Native chain address (5x...xx), and send.
5. Address Book Feature
Managing the Address Book
Add and Edit Addresses: Store frequently used addresses in your address book for quick access and make edits as needed.
Delete Addresses: Remove any addresses you no longer use to keep your address book organized.
6. WalletConnect
Connect to third-party apps: Use the WalletConnect integration to securely connect your wallet to supported dApps like Uniswap and Blur.
Always stay vigilant to ensure you’re on the official websites and that you trust the dApp to which you’re connecting your wallet.
Last updated