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Friday, April 19, 2024

Eidoo Wallet Review – Your Gateway To The Exciting New World Of Decentralised Finance

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Eidoo is a multi-cryptocurrency light wallet that supports Bitcoin, Ethereum and all ERC20 tokens with a single backup passphrase. With Eidoo, the user keeps his private key encrypted on the device and has access to high security level through Eidoo’s Recovery Tool. Eidoo also features a decentralized exchange where users can trade their crypto-currencies.

About Eidoo Wallet

Thanks to current terrific business growth, Eidoo is looking for remote-working frontend developers. The successful candidates will join a fantastic working environment, where they will work closely to the senior management to develop the in-house application and to study, create and implement future features.Natale M. Ferrara and Marco Polci created Eidoo in August 2017. The success of the wallet can be attributed to its 25-member team.This website is only provided for your general information and is not intended to be relied upon by you in making any investment decisions.

You should always combine multiple sources of information and analysis before making an investment and seek independent expert financial advice.Eidoo Where They list or describe different products and services, we try to give you the information you need to help you compare them and choose the right product or service for you. We may also have tips and more information to help you compare providers.Some providers pay us for advertisements or promotions on our website or in emails we may send you. Any commercial agreement we have in place with a provider does not affect how we describe them or their products and services. Sponsored companies are clearly labelled.

Eidoo Key Details

Vendor Name Eidoo Wallet
Supported Currency ETH, BTC, ERC20
Wallet Features Hierarchical Deterministic
Platforms (Window), (iOS), (Lunix), (Android), (Mac OS)
Validation Type Centralized
Ease of UseEasy
Anonymity High
Email Supportsupport@eidoo.i
Listed At Altwow 11/08/2020
Official Wallet Website Click Here To Visit Wallet Website

How To Install Eidoo Wallet?

Eidoo Step 1

First Download Eidoo Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Eidoo Website.

Eidoot Wallet ÐApp Step 2

Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.

Eidoo ÐApp Step 3

Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .

Eidoo Step 4

Many Wallet Offer Private Key Features. If Kriptomat Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.

Eidoo Wallet ÐApp Step 5

Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.

Eidoo Wallet Support

ERC20 Tokens list

Here you will find a vast ERC20 tokens list. Together with ERC223 tokens, you can store all of these in your Eidoo crypto wallet.

This list has been automatically created with all tokens included in coinmarketcap. For specialist token needs please see our category pages for Gaming TokensStable CoinsDeFi Tokens and Commission Free Tokens. While almost complete, it might just happen that some tokens are missing, or that calculated Market Cap is not up to date.

Have you got a new token that you wish to be fully recognized by the Eidoo app? Please click here
If you have any questions, feel free to contact us via email at support@eidoo.i

PNT Token List

PNT is the utility token at the center of the Eidoo ecosystem. Its purpose is to simplify access and interaction with different blockchains. PNT was formerly EDO token. An upgrade of the EDO token into PNT took place on June 18th, 2020.‍In preparation for the token upgrade, and to mark the start of a new phase for the token economy, an additional token burn of 28,350,000 EDO was manually executed by the Eidoo team on June 11th, 2020.

Read more about the burn and the upgrade here.
The inherent value and utility of EDO has been transferred to PNT. PNT gives you the same access to a variety of services, such as the Eidoo Card and its cashback program, and our in-app Atomic Swap feature. A specific % of revenue, which differs for every product and service of ours, is burned as shown below.
The burning process is fully transparent and became completely automated in late 2019.

Eidoo Wallet Fees

Eidoo does not charge any fees to access the wallet. However, you will need to pay the gas price as transaction fees. You can use your EDO tokens to pay your transaction fee. Eidoo charges 0.2 to 4.0 EDO as a transaction fee for withdrawal. However, the fee also depends on the receiver wallet.

The hybrid exchange allows you to trade ETH and ERC20 tokens. This trade is safe and done via smart contracts. In other words, the hybrid exchange ensures quick order management matching. Eidoo charges 0.1% to 0.15% as a trading fee.

Eidoo Wallet Ease of Use

This wallet is effortless to use. The app has an amazing user-friendly interface. Apart from the wallets, features that have been introduced to make life easier for users include the contact list and the ICO engine. The ICO engine allows users to participate in selected Initial Coin Offerings. The wallet also makes it easy to receive airdrop earnings directly. Bounty and airdrop hunters might find this exciting.

Another good feature is that Eidoo identifies all tokens automatically. Therefore, you do not need to go through the rigor of configuring each wallet. This feature is called Token Recognition.

Download On The App Store
Get It On Google Play
Available For Desktop

Eidoo Wallet Security

Eidoo wallet makes safety a priority. It uses deep encryption techniques to secure users’ private keys. Please note that this wallet is non-custodial. You must ensure that you do not lose your password and seed phrase. A summary of the wallet’s security features include:

How To Secure Your Eidoo ?

There Are A Number Of Ways To Keep The “Bad Guys” Away From Eidoo Wallet . And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.

Step 1 : Store Your Token Pocket Wallet Private Keys Offline: Print Them Out On Paper

The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:

The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.

Step 2 : Setup Second Step Verification

Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Eidoo Or Make Transfers.

We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The Wasabi Wallet Offers To Activate 2fa Already At The Registration Stage.

Step 3 : Create A Strong Password For Your Eidoo Wallet

If You Decide To Use A Web Eidoo, Which Is Recommended Only For Small Transactions, Alway Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.

Step 4 : Learn To Recognize Phishing Sites

Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.

The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.

Step 5 : Don’t Click On Links In Emails

Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like Support@xy-z.com Instead Of The Present Support@xyz.com. These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.

This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:

Step 6 : Install Or Use Trusted Antivirus

The First Thing You Should Do After Installing A Eidoo Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.

Step 7 : Never Disclose Your Private Keys

Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases

Final Thought

They Hope You Like Our Eidoo Review . If You Like Than Please Comment Your Thought Below . Also Subscribe Our Newsletter For More Interesting Copay Bitcoin Wallet Reviews . Thanks For Visit At Altwow .

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Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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