# Introduction

[CoinPocket](https://coinpocket.io/) is the world's driving multi-chain self-custodial wallet, which upholds standard public chains including BTC, ETH, BSC, TRON, Polygon, Solana, HECO, Klaytn, Avalanche, OKC, HSC, Fantom, Polkadot, Kusama, and so forth. The trinity of [CoinPocket versatile wallet](https://coinpocket.io/), [chrome augmentation wallet](https://coinpocket.io/), and [equipment wallet](https://coinpocket.io/) has been officially shaped. The Secret Recovery Phrase and Private Key are put away in the client's own gadget and the client can completely control his own crypto resources. CoinPocket has offered solid types of assistance for north of 20 million clients all over the planet. The quantity of month to month dynamic clients surpasses 3.5 million and the clients are situated in excess of 200 nations all over the planet.

Available for 🍎[**iOS**](https://apps.apple.com/ph/app/coinpocket-wallet-can-tech/id1628785932) **and**🤖[**Android**](https://play.google.com/store/apps/details?id=com.wallet.coinpocket)**.**

![](/files/Fvh6mnjwKBo9ez6oddWC)

**Contact us:**

**Email**

* Service：<service@coinpocket.io>
* Business <bd@coinpocket.io>
* Submit DApp：<dapp@coinpocket.io>

**Developer**

* Submit Your Dapp
* Submit Your Token
* Submit your NFT
* Submit logo

**Follow us**

[Official Website](https://coinpocket.io/) | [Telegram](https://coinpocket.io/) | [Medium](https://coinpocket.io/) | [Twitter](https://coinpocket.io/) | [Github](https://coinpocket.io/) | [YouTube](https://coinpocket.io/) |


# What Is Blockchain?

Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved.

Business runs on information. The faster it’s received and the more accurate it is, the better. Blockchain is ideal for delivering that information because it provides immediate, shared and completely transparent information stored on an immutable ledger that can be accessed only by permission network members. A blockchain network can track orders, payments, accounts, production and much more. And because members share a single view of the truth, you can see all details of a transaction end to end, giving you greater confidence, as well as new efficiencies and opportunities.

Blockchain has its roots in Bitcoin. On 1 November 2008, a man calling himself Satoshi Nakamoto published an article entitled "Bitcoin: A Peer-to-Peer Electronic Cash System", in which he explained the concept of an electronic cash system based on P2P network technology, cryptography, timestamping technology and blockchain technology, which marked the birth of Bitcoin. Two months later the theory was put into practice and on 3 January 2009 the first block with the serial number 0 was created. A few days later, on 9 January 2009, a block with the number 1 appeared and was connected to the Genesis block with the number 0 to form a chain, marking the birth of the blockchain.


# What Is a Decentralized Wallet?

As opposed to unified wallets (trades) where the confidential key is in the possession of an outsider specialist co-op, the confidential key of a decentralized wallet is kept by the actual client and the resources are put away on the blockchain, the client is the genuine holder of the computerized cash, the wallet is only a device to assist the client with dealing with the resources on the chain and read the blockchain information, so it is basically impossible to control, take or move your resources. Consequently, decentralized wallets are hard to be gone after by programmers midway, and clients don't need to stress over self-taking or taking off from the wallet specialist co-op, in light of the fact that as long as you keep your hidden key safe while making the wallet, your resources are still on the chain and can be shown in an alternate wallet too.&#x20;

**Note:** If a decentralized wallet is lost or taken, it can't be recuperated without a reinforcement of your confidential key or seed state, so make certain to back up your confidential key safely and accurately.


# What Is the Private key, Mnemonic and Wallet Password

**Confidential key**&#x20;

While managing digital currency, a client is generally given a public location and a confidential key to send and get coins or tokens. The public location is where the assets are stored and gotten. Be that as it may, despite the fact that a client has tokens stored into their location, they will not have the option to pull out them without the remarkable confidential key.&#x20;

The confidential key can take a couple structures, normally portrayed as a progression of alphanumeric characters, which makes it difficult for a programmer to break. Most clients address their wallet keys in wallet import design, which has 51 characters. Consider a public location a letter box, and the confidential key as the way in to the container.&#x20;

On any wallet, by bringing in the confidential key and setting another secret phrase you can import the resources from the past A wallet into the B wallet. For instance, in the event that a cell phone is lost, the resources can be recuperated by just bringing in the confidential key.

**Mental aide**

Since the confidential key is made out of 64-bit hexadecimal, which is badly arranged to record and duplicate. For clients' benefit, memory helper was produced. It is improved into a memory helper comprising of 12 words, with a space between each word. The memory helper and confidential key have a similar capability, that is to say, you can import the wallet by entering the mental helper and setting another secret key. Like the confidential key, a wallet has one bunch of mental helpers and can't be changed.&#x20;

Any other individual who finds the expression can take the cryptos, so it should be remained careful like gems or money. For instance, nobody ought to ask you for it on informal communities or courier, it should not be composed into any site.

**Wallet Password**&#x20;

While making a wallet in CoinPocket, you really want to set a secret key of no less than 8 characters. The wallet secret word is utilized to deal with the wallet, for example to move reserves, and should be placed while bringing in a wallet with a confidential key/watchword. Passwords can be changed or reset. In the event that the first secret key is neglected, the wallet can be imported with the confidential key or mental helper words and another secret key can be set.&#x20;

A similarity can be attracted with financial balances to separate between them.&#x20;

Confidential key = bank card number + bank card secret phrase

Mental aide = bank card number + card secret key&#x20;

Secret phrase = bank card secret word


# What Is the Miner Fee?

Miner fees (AKA network fee), commonly known as transfer fees as an incentive for miners to mine.

Among EVM compatible chains, miner fees are determined by the Gas Price (unit price) and the Gas Limit (amount) consumed. The calculation formula is: Transfer fee/Gas fee/Miner fee = Gas Limit \* Gas Price

The amount of Gas Limit is mainly affected by the complexity of the operation based on the content of the smart contract. The more complex the operation, the higher the Gas Limit.

The Gas Price is set by the sender. The higher the Gas Price set by the sender, the faster the transaction initiated by the sender can be confirmed in the blockchain.

Notes:\
The network fee for Ethereum is ETH;\
The network fee for BNBChain is BNB;\
The network fee for TRON is TRX;\
The network fee for Solana is SOL;\
The network fee for Polygon is MATIC;\
The network fee for OKExChain is OKT;\
The network fee for HECO is HT;

Gas can be returned if it is not used up.

The miner fee (network fee) charged by the transfer network will vary according to the network conditions. <mark style="color:red;">**Once the transfer is confirmed, the miner fee (network fee) cannot be refunded regardless of whether the transfer is successful or not.**</mark>&#x20;

<mark style="color:red;">**The miner fee is charged by the transfer network you choose, and CoinPocket does not charge any fees!**</mark>&#x20;

Watch the video to learn more about transfers and miner fees!

{% embed url="<https://coinpocket.io/>" %}


# What Is DeFi ?

DeFi is another way to say "Decentralized Finance". Contrasted and conventional unified finance, it alludes to applications in different monetary fields laid out in a decentralized organization. Clients never again need to partake in the monetary market through unified foundations, yet can utilize the decentralized organization to procure, exchange, and loan resources. Essentially talking, it is to lay out another monetary framework that is available to everybody without the requirement for mediators like banks.&#x20;

The objective of DeFi is to lay out a staggered monetary framework to reproduce and further develop the current monetary framework in light of blockchain innovation and digital money.&#x20;

As of now, practically all DeFi projects are running on the Ethereum blockchain, and shrewd agreements are the primary built blocks of DeFi. The most well-known sorts of DeFi Dapps today incorporate Compound, MakerDAO, Synthetix, and decentralized trades (Uniswap, PancakeSwap, and so on.)


# What Is DEX ?

There are two kinds of cryptographic money exchanging — — incorporated trades and decentralized trades. As of now, concentrated trades assume a predominant part in the exchanging market. Nonetheless, the advancement of decentralized trades can't be disregarded, which is usually known as **DEX**. Its principal include is the trade that give trade administrations without KYC, enrollment and login.&#x20;

As a blockchain-based trade, DEX doesn't store client assets and individual data on the server, however just fills in as a pool to match purchasers and venders who need to trade computerized resources. With the assistance of the matching component, exchanges happen straightforwardly between members (shared). Consequently, clients of decentralized trades should keep their public keys, confidential keys, and memory aides safe. Whenever they are lost, their resources can't be recuperated.

There are two kinds of DEX. The first is a P2P trade in view of request books, which utilizes a bid mode to finish exchanges. The second is a trade in light of a liquidity pool, which finishes exchanges through programmed market producers. The calculation behind the DEX in light of the liquidity pool is called Automated Market Maker (AMM). For instance, Uniswap utilizes an AMM mode that permits everybody to give liquidity to the trade to acquire charges. The expenses that clients acquire by giving liquidity are the portion of exchanging on Uniswap.&#x20;

Despite the fact that DEX are finished decentralization, straightforwardness and receptiveness, it likewise has the hindrances of low exchange productivity, limited scope, and so forth. Right now, the usually utilized DEXs incorporate Transit Swap、Uniswap, PancakeSwap, MDEX, JustSwap, SushiSwap, etc.


# Video Tutorial


# How to download and register CP Wallet

**Apples mobile phone download methos: Overseas app store searches cp wallet**&#x20;

Open the App and click '' **Agree, Start using**''. Before creting a wallet&#x20;

You need to set the password of the whole wallet

The password is required the whole application later , Which is very important&#x20;

After the password is set, the interface displays '' **Create HD Wallet**'' and ''**Import Single Chain Wallet**''&#x20;

Select the first one, and then there will be five big chain options, you can select all of them&#x20;

Click ''**Next**'' and all wallet addresses will be generated.

After the wallet is generated, Click ''**Backup mnemonics**''

And follow the prompts back uo to your own mnemonics&#x20;

The menmonics are the obnly means to recover your identity wallet assets&#x20;

After completing above steps, you can select your assets for transfer and collection

***Watch here fore complete tutorial in creating your Coinpocket Wallet***&#x20;

{% embed url="<https://youtu.be/B14M6H5M_KE>" %}


# How to Create a wallet

**Explain the four fundamental concepts of the Coinpocket wallet. WALLET CREATION IN MANY FORMATS.**

***Watch the tutorial on how to create a wallet***

{% embed url="<https://youtu.be/ZbzLO5MHpAQ>" %}


# About Safe transfer

Coinpocket Wallet collection operation is simple. Follow the steps below for  successful safe transfer&#x20;

Select the public chain of collection&#x20;

Click the income to collect all the digital currency of the public chain&#x20;

After selecting the public chain, Click ''Add Currency''

After selecting the public chain, Click ''Add Currency''

Coinpocket wallet transfer function is also very powerful except for regular address transfer and code scanning transfer. In addition, It is the first in the industry to support anonymous transfer.

You can only pay a small fee to transfer your submitted transactions through the wallet that was randomly generated and distributed by the system.

Thus further protecting your privacy. In addition, **We supported-selection of miners' fee to speed up the transaction.**&#x20;

***Watch here on how to do the safe transfer with Coinpocket***&#x20;

{% embed url="<https://youtu.be/EhOwSjXM_hQ>" %}


# POWERFUL DAPP FUNCTION

DAPP is a type of service provision in the blockchain world that is made up of a variety of distributed applications derived from the underlying blockchain platform.

Through the Coinpocket wallet's DAPP browser, you can browse various blockchain applications such as Edfi, NET, and chain tour.

***Watch here for DApp Information***

{% embed url="<https://youtu.be/3NYppysB0N4>" %}


# Personalized Settings

Coinpocket wallets configures your common address book so that you can add notes to it for transfer. Coinpocket wallet has its own unit of valuation currency, making it easy to know the value of your assets.

Coinpocket wallet allows you to set the wallet's locking time. To further protect your assets, when you reopen it after a long period of inactivity, you must enter a password for confirmation.

Biometric identification is another option. which is both more convenient and quicker

**Watch here to understand  more about Coinpocket  Personalized Settings**&#x20;

{% embed url="<https://youtu.be/zD-xRF-KOPk>" %}


# Security Measure

Here are the articles in this section


# How to verify whether the wallet is genuine

### <mark style="color:blue;">**MD5 and SHA256 verification tool**</mark>

Document hash confirmation instrument alludes to the device that ascertains the hash worth of the record content. With these apparatuses, the hash worth of the record can be immediately determined, and contrasted with the authority hash esteem with check whether the document content has been altered..

### <mark style="color:blue;">The purpose of MD5 and SHA256 verification</mark>

Decentralized self-custody wallet is a platform where we import private keys or mnemonics to manage assets on the chain, so how to select and use the platform is particularly important. As a decentralized self-custody wallet with a large number of users, CoinPocket is naturally "concerned" by lawbreakers. They decompiled the genuine APK and added the settings that can import private keys and mnemonics, and then packaged and released it to other websites to "wait for the victims". Once someone downloads and uses the wallet through a search engine or recommendation by others, his private key and mnemonic will be leaked and all assets will be lost.

Judging from the recent feedback from emails and communities, the cases of stealing through fake wallets have increased. That is why we have made this tutorial. By verifying the MD5\SHA256 value on PC and mobile platforms with online tools, we hope to improve everyone's security awareness and learn to use tools reasonably to protect their assets on the chain.

Please be sure to enter the only official website address of CoinPocket: [www.coinpocket.io](https://coinpocket.io/)

### <mark style="color:blue;">The difference between MD5 and SHA256 algorithms</mark>

Common points:

1. Both are cryptographic hash functions, and the encryption is irreversible.
2. Both can encrypt objects of any length, and neither can prevent collisions.

As for security

1. SHA256 (called SHA2) is the most secure, but takes more time than the others.
2. MD5 is relatively easy to collide, and not so secure.

### <mark style="color:blue;">The online tools to verify MD5 and SHA256</mark>

There are many tools for online verification of MD5\SHA256 value, and their usage is similar. You only need to drag or load the apk file downloaded to the PC into the verification platform to wait for the result. The obtained result can be verified by comparing it with the MD5 or SHA256 value of the genuine APP published on the official website of CoinPocket<mark style="color:red;">(There may be advertisements and other content in the online tool page, please use the main verification function, and do not recommend anything else).</mark>


# How to verify the real CoinPocket on Google Play?

It's very easy to verify the real CoinPocket on Google Play which benefits from its having a  complete data statistics system, users just need to search CoinPocket on the search bar, then according to the data you can verify the real CoinPocket quickly!

1. **Open Google Play and open the&#x20;**<mark style="color:orange;">**APPs**</mark>**&#x20;menus, and search&#x20;**<mark style="color:orange;">**CoinPocket**</mark>**&#x20;on the Search Bar.**
2. **You can see the name of the CoinPocket developer is&#x20;**<mark style="color:orange;">**CoinPocket Foundation**</mark>**, and then you can see the reviews data, Downloads data, etc.**&#x20;

![](/files/LwXv25GX3SmiIxMoj7eC)

![](/files/gcLJPJxlqMId8SPqO5Q0)


# How to Identify the Authenticity of CoinPocket’s Website and APP?

**Identify the Authenticity of CoinPocket’s Website.**

Please confirm the domain name of CoinPocket’s official website is [\[<mark style="color:red;">**https://coinpocket.io/**</mark>\]](https://coinpocket.io/). And there has a \[🔒] symbol in front of the domain name, which means \[Connection is secure].

**Identify the Authenticity of CoinPocket’s APP.**

&#x20;**🍎 iOS**

Open and log in to your App Store. Search “CoinPocket” and see the results. The result in the second one (second is just current rank) is the right CoinPocket. Click to see the details. In the details interface,  if you saw the “Coinpocket Can Tech”, then it is the right “CoinPocket”.![](/files/hEvPwcoU6U4eXD7DL2ZH)

:mobile\_phone:**Android**

Open and log in to your Google Play. Search “CoinPocket” and see the results. You can see \[CoinPocket Foundation] in the interface. Click \[Development contact], you can see the website, email,  and privacy policy of CoinPocket, click \[Website] and you can enter the only official website of Coinpocket [\[<mark style="color:red;">**https://CoinPocket.io/**</mark>\]](https://coinpocket.io/), then it is the right “CoinPocket”. ![](/files/YnvEQG2JIktZcJ7htlXd)

The update is prompted in the App, or download the latest version from the official website. (Note: The only official website of CoinPocket is: <https://coinpocket.io/>![](/files/TUCjzhQOXLB5SgC8XNvH)


# About Approve

**What is an Approve?**

Approve is to allow another account (It can be an ordinary personal account or a contract account), <mark style="color:red;">which can control your asset without your permission</mark>. Therefore, Approve is a very dangerous action.

{% embed url="<https://coinpocket.io/>" %}

**Why Approve?**

Take ETH Network as an example, since ETH is a native asset, it will carry the ETH to the target contract when transferring to the target smart contract; when the non-native asset ERC20 token is transferred to the target contract, it only changes the ledger of ERC20 token itself but the target contract won’t receive any notification, so the approve is to inform the ERC20 token contract that an approval account can transfer my assets in the future. At the same time, Approve widely exists in ETH, BSC, HECO, TRON, Matic, OEC, Fantom, and all blockchain networks whose address formats are consistent with Ethereum (which is, EVM compatible public chain).

**What scenarios will use Approve in the process of using the wallet?**

The ordinary transfers won’t ask the Approve in the process of using the wallet; Only when it involves interacting with the contract (DApp, DeFi, etc.), the Approve operation will be performed when the contract needs to be approved. Therefore, when you are in the process of using the wallet, and the following interface appears, you are asked about the Approve. <mark style="color:red;">You must be more careful and confirm whether the current link you are visiting is safe and credible. If not, stop operating!!</mark>

**How dangerous Approve is?**

<mark style="color:red;">Approve is to allow the third-party to control your assets without your permission, which means that they can transfer all your assets away without your permission.</mark> So it is very dangerous to approve. Please be more careful when you encounter the Approve! Be sure to determine whether the code is verified and open-sourced, whether it has a code audit, whether the team is trustworthy, etc.!

**How to prevent Approve scams?**

1. Don't play DApps from <mark style="color:red;">unknown sources</mark>, don’t play DApps have <mark style="color:red;">no open-sourced</mark>, don’t play DApps have <mark style="color:red;">no audit reports</mark> and <mark style="color:red;">not from trustable teams</mark>.
2. Regularly use DeBank, Cointool and other tools to cancel the approval;
3. Create a new wallet. After the approval and other operations are completed, transfer the Token to the new wallet address, which is relatively safe because there is no approval history (Attention: the cancel the approve doesn’t mean absolutely safe, there is no tools on the market that can guarantee a complete cleanup.)


# How to check/cancel Approve?

Approve means authorization. It allows users who hold tokens to authorize a certain amount to a specified account by calling the Approve method, giving the account the right to freely spend the Token within the quota. If authorized to malicious accounts, then authorized assets will be extremely risky.

At the beginning of this tutorial, please click the below link to know more about Approve.

[Broken mention](broken://pages/CyGAQvUWhkTpvu8FGMRd)

**----TRON APPROVAL MANAGEMENT----**

1\. Open \[<https://tronscan.io/#/>], and then enter your wallet address and enter the page of “Account”, click \[Approval] and you can check the approval;

2\. In the \[Apprvoal List], you can check the approval;

3\. Click \[Cancel], since TRON needs to use the TronLink to cancel approval, please follow the TronLink guidelines after clicking to cancel approval.

**How to confirm the malicious approval address?**

Malicious approval addresses have the following characteristics:

1\. Unknown airdrop lure;

Open an approved address, click \[Token Balances], and click a token at any point; and then click \[Token Transfer];

In some transfers, the thief will attach a note and use the airdrop as bait to allow you to exchange it through a third-party DApp. This is the most common way to obtain user approval, please take care! ! Don't believe in any airdrops from unknown sources!&#x20;

2\. Approved address to issue multiple tokens of same types；

After checking the approved address, it was found that multiple TRC10 tokens issued by this address are as follows:

There are so many TRC10 tokens that cannot be exchanged in Swap. They must be used for other purposes. Click on the tokens one by one to get the following content, the answer is obvious.

**Note:** In addition, there is also a scammer who uses a fake payment interface to transfer money with users, and uses Approve to achieve the purpose of stealing money. Therefore, you must be cautious in dealing with others.


# Loss Prevention

Resource misfortune, first of all, doesn't imply that the resource is lost in the blockchain yet the deficiency of control of the resource, or at least, the security data of the wallet isn't protected. During the wallet creation process, the memory aide or confidential key will be accommodated the client to save, which will make it second-confirmed. Subsequent to confirming, clients can begin to utilize the wallet.

In this manner, it is vital to appropriately back up the wallet and keep it. Here, we suggest the utilization of physical/disconnected capacity, which can be put away in various channels (should be protected channels), and don't lose or reveal your security data. Along these lines, regardless of whether there is what is happening in your wallet, you can keep on utilizing one more wallet by bringing in the confidential key or mental helper state.


# The Prevention

The foundation of hostile to robbery is the assurance of private keys, mental aides or DApp authorizations. In this manner, kindly safeguard security data like confidential keys and mental helpers and conform to the accompanying standards:

1. Try not to examine QR codes and snap joins from obscure sources;
2. Reveal no security data to others including client administrations;
3. Try not to take screen captures or take photographs to save the confidential key or mental aide state;
4. Try not to utilize wallets or product private keys and memory aides under unreliable circumstances.


# Common Fraud Cases

{% hint style="info" %}
**Good to know:** Splitting your product into fundamental concepts, objects, or areas can be a great way to let readers deep dive into the concepts that matter most to them.
{% endhint %}


# Fake Airdrop/Giveaway Scam

Tricksters will utilize free airdrop occasions with banners or connections to advance locally. In the event that the client examines the code, enters the site and endorses to get airdrop tokens. After endorsement, the con artists get authorization to handily move away client resources. In later, new kinds of airdrop tricks have showed up.

&#x20;As indicated by input from networks, Users found that they got airdrop tokens while checking their exchange records. Furthermore, it will be observed that there is a connection in reminder line and saw that the airdrop tokens can be traded for different tokens. Assuming clients open the connection and trade airdrop tokens for different tokens, their tokens on the wallet will be noxiously endorsed, bringing about the deficiency of resources.

Thusly, if it's not too much trouble, be noticed that there is no free dinner on the planet, click no obscure connection to get airdrops, or sweep the code to support your applications. All the more critically, don't send the confidential key/memory aide to anybody!


# Fake QR Code Scam

Counterfeit QR code trick alludes to that fraudsters utilize counterfeit QR codes to allow clients to perform activities like endorsement. Typically, the client will enter the exchange interface or phishing pages in the wake of filtering the code. As a matter of fact, this move activity is an endorsement interaction. On the off chance that the client clicks "Endorse", the fraudster will acquire consent to move the resource, which prompts the deficiency of the resource.

What's more, a few banners of phony airdrop exercises will likewise have a phony QR code connected. Airdrop tokens are utilized to draw in clients to filter the code. Subsequent to examining, "Support" tasks are expected to get the airdrop, which will fall into the snare of tricksters and your tokens will be vindictively moved.


# Phishing App Scam

The scammer will develop Apps that are highly similar to the official App. When the user creates or imports a wallet, the data will be recorded and synchronized to the scammer’s specific server. As a result, users have a great risk of being stolen by scammers.

Therefore, users must download and use the wallet through official channels.&#x20;

**The only official website of CoinPocket is** [**https://www.coinpocket.io/**](https://coinpocket.io/)


# Phishing Website Scam

"Phishing site" alludes to a phony site used to delude clients. Its page is fundamentally equivalent to the genuine site. Tricksters utilize counterfeit destinations to bamboozle and take clients' confidential keys or memory helpers. As a general rule, Phishing sites have only one or a couple of pages, which are somewhat not the same as genuine sites. They generally spread counterfeit giveaways/airdrops, or imitate official backings, or different means on networks to draw in clients to utilize their phony sites.

**Kindly be noticed that the main authority site of CoinPocket is**&#x20;

[<mark style="color:blue;">**https://www.coinpocket.io**</mark>](https://coinpocket.io/)


# Fake Token Scam

Tricksters fake tokens by utilizing comparative symbolic names and images, and afterward they will trade for genuine tokens that are notable tokens. The primary casualties are for the most part new clients since clients who get to know the blockchain can pass judgment on a token by checking the agreement address of the token, like the normal USDT, ETH, BTC, and so on.

The tricksters will sell their phony tokens at an extremely alluring cost to the individuals who are long to purchase. As a matter of fact, these tokens can't be exchanged and have no worth.

Therefore, it is necessary to **check the token contract and other information** according to the official token information before making a transfer and do not trust a third party easily!


# Fake Customer Service Scam

Most people will contact customer service for help when there are some problems that need to be solved. At this time, scammers get the chance to impersonate official supports. Usually, they have the same name and logo (not ture) with the official supports and then hide in the various communities/groups. Once users send their issues on the group, these scammers will send messages to users privately attached unknown links/QR codes to fraud users' private key or mnemonic.&#x20;

So, If you have any questions, please don't trust anyone who sends messages to you first and don't give your private key or mnemonic to anyone! You may send emails to official supports if you have any other problems: [**service@coinpocket.io**](https://coinpocket.io/)

1\. Impersonating CoinPocket customer service in order to ask the user to pay the fee of solving the problem.

2\. Impersonating CoinPocket Telegram Community Admin to cheat‌.

3\. Impersonating CoinPocket for airdrop scams‌.

**In conclusion: Don’t give** your **private key/mnemonic** to anyone!


# DApp Approval Scam

With regards to money trade in the DEX stage, the endorsement step will be utilized. Solely after the main activity of "Endorse" might the trade at any point be performed, and this is only one of the application situations.

Since the "Endorse" activity basically allows the activity authority of part of your token to another location or brilliant agreement address, tricksters will utilize codes or connections to malignantly allow clients to perform "Support" tasks. For instance, clients might get airdrop tokens appended update and connection, noticed that the airdropped tokens can be traded for different tokens. Assuming the client opens the connection and executes the trade, they will fall into the snare that noxiously supports Dapp. Accordingly, the client's resources will be moved by the Dapp without any problem.

**How to judge whether the approved operation is safe?**

1. Whether the endorsed item is open source Open source code permits clients to all the more likely know consents of "endorse", that is, clients will know the circumstances to move resources.
2. Whether open hotspots for the endorsed item is evaluated Inspected projects are safer than unaudited projects.
3. Whether the endorsed items are of obscure sources Results of obscure beginning should be careful, and it will be secure to utilize notable items like Uniswap.

**How do I know which approved operations I have made and how to cancel them?**

As of now, there are some "endorse" devices to check like Etherscan, CoinTool, Approved, Approve.sh, and so on for clients with the goal that they can check their own support status and drop the endorsed activities.


# Quick identification of scammers' scams

**Scam No. 1 -** Impersonating CoinPocket customer service in order to ask the user to pay the fee of solving the problem

This kind of fraud occurred in the Telegram community first. The scammer lies as a CoinPocket admin to help users solve the problem in the Telegram community, but the premise is that user needs to pay the service fee to the scammer first. After the user pays the fee, the scammer will cut off contact with the user.

**Scam No.2 -** Impersonating CoinPocket Telegram Community Admin to cheat

After joining the Telegram community of the CoinPocket wallet, users will automatically receive a warning message to guard against scams, but this still cannot attract all users' attention. Scammers usually set the same nickname and avatar as the Telegram community administrator to allow users to fill out the form. The form may contain information such as asking the user to submit the private key or mnemonic. The interface of the form may contain words such as CoinPocket (fake it as the real), which makes users to relax their vigilance and follow the layout of the scammer, and then users' assets will be took by scammer. (There are also some scammers who use the sale of private equity shares of the project to commit fraud. More professional phishing websites will be created for WEB wallets to allow users to import or fill in their own private information, such as private key, mnemonics, etc.)

**Scam No.3 -** Impersonating CoinPocket for airdrop scams

Scammers use the banner of official cooperation with the CoinPocket wallet to spread airdrop links with phishing or malicious programs. When users fill in the form, they may reveal private keys and mnemonics. Some links contain malicious programs that are maliciously authorized to steal user assets while the user is executing. This kind of technique has a certain degree of concealment, especially some highly imitation official pages.


# BSC Wallet

### What is Binance Smart Chain?

Binance Smart Chain (BSC) is a smart contract-enabled parallel blockchain to Binance Chain that provides a permissionless platform for decentralized application (DApps).Folks that are new to the crypto realm aren’t usually even aware that there is so much more to Binance than just a centralized exchange (CEX). Thus, we must point out that Binance hosts an extensive ecosystem of crypto products.

Folks that are new to the crypto realm aren’t usually even aware that there is so much more to Binance than just a centralized exchange (CEX). Thus, we must point out that Binance hosts an extensive ecosystem of crypto products.

Furthermore, Binance Chain is Binance’s dedicated blockchain for processing and validating transactions within the Binance ecosystem. Also, this is the original chain from Binance, which was already designed to host BNB coins. Nonetheless, Binance Chain also enabled trading with full custody of private keys. However, Binance Chain was not built to facilitate smart contracts. As such, it didn’t support the development of decentralized applications.


# SunSwap Tutorial

Beginners Guide

**How to exchange tokens?**

1. Select the token you hold and the token you wish to swap. After enetering the amount, SunSwap will automatically calculate the corresponding amount of the other token and then you can click ''Swap''.

![](/files/NRe8az2CUvuXiDhKtQAi)

2\. Click ''Confirm Swap'' after comfirming the details.

![](/files/OxxukbQoJ04RMbJxOoTn)

3\. Swap requires confirmation from your wallet. Please click ''Accept'' in the tronlink pop-up window of ''Request signature''

![](/files/KUMWpRIZWW48CSGZiewd)

4\. The pop-up window confirms that your swap has been submitted.

![](/files/QDsSQ3qxRQxEt66ll1ZR)

5\. Swap is completed a few seconds later, when the pop status window in the upper right of the page show ''corfirmed''

![](/files/a1Fr8khKdLTnkOlhpQgu)

**How to create a trading pair?**

1. Select Pool and click '' Add Liquidity''

![](/files/1zBAG7uyTEI6bGioU4We)

2\. Choose two tokens you want to add liquidity to ( one of them should be TRX ), and enter the amount of the funds you want to add, then click '' Create Pool Pair''.

![](/files/tiNmaPfgiGX3EGKNpkmw)

3\. Creating a pool pair rewuires confirmation from your wallet. please click '' Accept'' in the ''Request Signature'' pop-up window.

![](/files/9OKF6IQOynj5D3W5ujtY)

4\. The page shows that your transaction for creating a traiding pair has been submitted.

![](/files/UMFwQ0BqWp2UrXC7WRFQ)

5\. The traiding pair is successfully created when the upper right of the page shows '' confirmed'' after a few seconds.

![](/files/wp7iD8QiYqukIWGbME1q)

6\. After the token authorized, click ''Supply'' button to add liquidity to your newly created traiding pair.

![](/files/L8OV7Repb4RdyZOhao8p)

7\. Adding liquidity requires confirmation from your wallet. Please click ''Accept'' in the '' Request Signature '' pop-up window.

![](/files/aF1buVYFUZQroAvvV4BP)

8\. The page shows that your transaction for adding liquidity has been submitted.&#x20;

![](/files/nJkpbXH3pQM0peCJiiS7)

9\. Pool pair is successfully added when the upper right of the pge shows '' confirmed'' after a few seconds.&#x20;

![](/files/9qqwbcBXkJ8U5vHIJ7IW)


# How to use PancakeSwap in CoinPocket Wallet

**BSC (Binance Smart Chain)**

The Binance Smart Chain is an innovative solution to bring EVM-enabled programmability and cross-chain interoperability to the Binance Chain. It relies on 21 verifiers out of the block, and the system follows the POSA (Proof of Staked Authority) consensus algorithm. The speed is very fast, and it has low fees. Verifiers are selected based on the number of tokens they are bound to. The security and stability of on-chain transactions are also achieved by binding the verifier through penalty mechanisms such as preventing multiple signatures. BSC is fully compatible with the ETH ecosystem and natively supports cross-chain operation. Cross-chain transactions and information exchange can be done easily on BSC. Assets in both blockchains (ETH and BSC) can be traded on DEX. Users can either enjoy the high-performance aggregation engine of DEX or complete their own development on BSC.

**PancakeSwap**

PancakeSwap is the number one automated market maker (AMM) on Binance Smart Chain, which allows exchange two different tokens. It is fast, cheap, and everyone can participate.

**Tutorial**

The latest version of TP adds support for BSC, with the following major updates:

1\. Support BSC

2\. Support DeFi projects on BSC

3\. Support BSC wallet creation

4\. Support BNB and BEP20 Token storage and transfer

There are many functions in pancakeswap, including【Swap】【Farm】【Staking】【Voting】and so on. The following lecture focuses on these 4 functions.

**Swap**

1. Launch Coinpocket wallet app and click the【Discover】to enter Pancake Dapp on the top of search bar.

2\. The top of DApp is the main function area (PC access will see the voting and other functions not yet opened, mobile will also support later), in the 【Swap】, we just need to set the tokens to be exchanged and the number of tokens (automatic matching) according to the information at the bottom of the slip point, handling fee and other information to confirm and then click Swap to authorize.

3\. The gas fee is very cheap in BSC and users need to wait patiently for the successful exchange after the authorization is completed.

4\. The transaction records on BSC cannot be displayed now, the recent version will be updated to support it. Users can click【More】to check through the block browser [(https://coinpocket.io/)](https://coinpocket.io/)

**Farm**

1\. Pancakeswap adopts liquidity mining model, which means that LP (Liquidity Provider) can get rewards. First of all, users need to provide two different tokens for liquidity pool. Click【Pool】and use 【Add Liquidity】to select BNB and BUSD as an example to be a pair. Then, click 【Approve BUSD】to authorize.

2\. After the first authorization is completed, click 【Supply】 again to send tokens, and finally finish the authorization to see your market making record in the pool.

3\. Users can find the Mining pool of BNB-BUSD in Farm, the 10X represents the weight of mining and the higher value means that the mining is faster. The same first time operation also need to click 【Approve BUSD-BNB FLIP 】for authorization.

4\. Click on the blue【+】after the authorization is completed, set the number of FLIPs in the mortgage screen and authorize.

**Staking**

1\. 1 CAKE = 1 SYRUP, staking CAKE (pancake tokens) to get SYRUP, holding SYRUP will not only get you CAKE rewards, but will also be used for subsequent functions such as pancake exchange lottery and general governance. The first operation requires authorization 【Approve CAKE】, click the blue【+】to add CAKE tokens after authorization is complete.

2\. Set the number of CAKE to be staked, and click 【Confirm】to see the number of CAKE staked, the number of CAKE rewards that can be harvested and the number of SYRUP redeemed at the top after successful authorization (the voting function is not yet open, so no screenshot is taken). When we don't need to stake, click【Unstake】to finish the operation of collecting rewards and redeeming CAKE tokens.

\_\_

*This tutorial is only for the DApp in the wallet side of the operation guide, does not represent the investment advice of CoinPocket. Investing involves risks, you should be fully aware of the risks and make your own investment decisions.*


# How to exchange Binance's BTCB to the wallet for using

**How to convert BTC to BTCB**

BTCB is really changed over into coin wellbeing brilliant chain design through coin security span when coin wellbeing trade pulls out BTC. Most importantly, we really want a decentralized wallet that upholds BTCB shrewd chain. In the event that you don't have Binance savvy chain wallet, Can make a wallet download address in CoinPocket free of charge. While making, select the base layer of Binance shrewd chain, set the secret key, then save，and fill in the memory helper words all together.

After the wallet is made, click Receipt to be the getting address of the Binance Smart Chain. Fill in the location while pulling out BTC on the Binance Exchange. The primary organization chooses the second BSC Smart Chain.

After the withdrawal is fruitful, on the off chance that the wallet doesn't see BTCB, you can physically add the BTCB resource, click the "+" button on the resource page, and add BTCB to show it.

**How do I use BTCB**

when the cost of BTC we hold rises and creates more advantages, can partake in the DEFI project on BSC to acquire benefits. Obviously, we really want to focus on the dangers acquired by BTCB's cooperation the DEFI monetary market, which predominantly comes from the liquidity of cash cost. As of now BTCB can be utilized with numerous DeFi dApps, for instance: Advances: CREAM, ForTube Income Farm: Fry. World Portable mining: Bakery, Pancake, BurgerSwap, Spartan The above can be all taken part in the hunt of CoinPocket's disclosure interface. For a portion of the DeFi instructional exercises, look at the DeFi highlight article in the CoinPocket Knowledge Base Currently, there are around 2,000 Bitcoins available for use on Binance's Smart Chain, and its development is ensured because of the developing interest. To hold BTC and take part in DEFI Financial Markets, attempt BTCB!

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the venture counsel of* Coin\_Pocket. Contributing implies gambles, you ought to be completely mindful of the dangers and settle on your own venture choices.\_


# Export "key" on Binance smart chain wallet

**Wallet Download:**

Android: Update in the APP or download and introduce from [www.coinpocket.io](http://www.coinpocket.io). Clients of variant 0.9.9 should download the update from the authority site. Apple: The Pro/Plus variant requires utilizing a Testflight download or refresh Note: some new client input Testflight open mistake, here to give an answer: open the apple cell phone, click work area - select Settings- - click WIFI-click the ongoing association WIFI on the right half of the interjection point, and afterward the drop-down select design DNS click select manual, beneath the DNS server erase different things. Add Google DNS of 8.8.4.4 save it and open Testflight again to utilize it

**Content Submission:**

In the past article, we have figured out how to enlist the Binance shrewd wallet chain, then we should really work the "key" of the wallet to trade; The mental helper, Keystore and confidential key can be utilized to import, use and deal with the resources of the Binance brilliant chain through the CoinPocket wallet, the two of which are vital

**Operation process:**

Open the CoinPocket wallet, click on the upper right corner of the blue region \[Details], in the wallet subtleties interface, you can pick \[Mnemonic] \[Private key] \[Keystore] three methods for trading, select one of them, you want to enter the secret word, you can see the comparing content after effective approval, should be appropriately saved, don't spill and lose.

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the venture exhortation of CoinPocket. Contributing implies chances, you ought to be completely mindful of the dangers and go with your own speculation choices.*


# How to withdraw BNB to Binance Smart Chain

Pull out BNB to CoinPocket wallet Pulling out BNB to CoinPocket wallet while pulling out BNB on Binance stage, make certain to choose "BEP... SC ", "you have picked BEP20 organization, if it's not too much trouble, ensure your withdrawal address upholds Binance Smart Chain organization" that will be shown underneath.

The accompanying figure is the screen capture of the Binance chain and the Binance shrewd chain in the Coinpocket wallet. Kindly focus while pulling out coins and duplicate the right wallet address.

I accept that through the above presentation, you can obviously finish the charging and withdrawal of BNB between Coinpocket wallet and different exchanging stages.

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the speculation exhortation of CoinPocket. Contributing implies gambles, you ought to be completely mindful of the dangers and go with your own venture choices.*


# Binance Smart Chain (BSC) wallet registration

Download the CoinPocket wallet, introduce it and open it. Clicks "No wallet" and chooses "Binance Smart Chain" to enter the creation interface.

Set "Wallet Name" "Secret word" and snap "Make Wallet" to enter the brief point of interaction of "Reinforcement Wallets". Kindly read the notes cautiously.

The point of interaction of "Reinforcement Mnemonic" expects us to accurately record the memory helper words as per the gave words and request. Subsequent to affirming the record, click "Finished reinforcement, confirm it" to finish the check of the memory helper words properly aligned.

After the Verification memory helper is finished, you have effectively enlisted. Click the "Find" menu at the base, and afterward you can enter DAPP, where you can utilize Binance Smart Chain's DAPP. (For new clients or Regular clients who need to import the wallet, you can tap the principal choice in the upper right corner to enter.

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the speculation counsel of CoinPocket. Contributing implies gambles, you ought to be completely mindful of the dangers and pursue your own speculation choices.*


# Master the authorization management authority of DApp (BSC)

The utilization of CoinTool instrument: The utilization of CoinTool is extremely straightforward, adjusting to PC and portable terminals, the accompanying purposes the Coinpocket wallet stage to exhibit the activity:

1\. Open the Coinpocket wallet, click \[Discover], look for \[Cointool] at the top and select the device to open the BSC chain.

2\. At the point when open the DApp at the initial time, you should \[Unlock Wallet], here you just have to snap to open the wallet to interface consequently. The location of the pursuit window will open the DApp wallet address as a matter of course, and snap the "→" bolt to check the approval record.

3\. Subsequent to review the approval result, one thing to note here is that DApp will show that "satisfy CoinTool. Application Have some espresso (0.09BNB)". This is as per the client's own circumstance to pick. For instance, I simply uncontrolled it. In the item interface, you can see that the approval has been executed. The quantity of approvals here is enormous and limitless, so the gamble is generally high of course (not really that the task has a high gamble); click \[Revoke] to spring up the approval window to finish the approval.

4\. After the retraction is fruitful, you will see the top brief. To confirm whether the execution is fruitful, we will utilize the TPT tokens that have recently been dropped to check. As displayed in the figure underneath, you can see the \[Approve TPT option], showing that the crossing out of the approval is executed effectively (just Approve will be provoked for the principal activity).

Different other options:

The DApp utilized in the above instructional exercise is a three-party application. Assuming you are more fussy about utilizing DApp, you can decide to utilize the authority approval the board device given by the BSC program. In the first place, I will furnish you with a straightforward presentation:

1. Open the BSC block wayfarer: <https://bscscan.com/click> \[Misc]-\[Token Approvals].
2. Fill in your BSC address in the pursuit bar and snap search.
3. Assuming that you are provoked to \[Connect Wallet] without signing in to the WEB wallet, you can tap the alter capability on the option to drop the approval of the DApp solely after signing in.

The over two techniques for overseeing DApp approval enjoy their own benefits and hindrances. Cointool's benefit is that the portable end versatility is better, however the approval content showed isn't nitty sufficiently gritty. The Token Approvals list items are more itemized, yet the versatility on the portable end isn't really helpful. You want to drag the window to see the total data. You can pick deftly as indicated by your real circumstance.

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the venture counsel of CoinPocket. Contributing implies gambles, you ought to be completely mindful of the dangers and settle on your own speculation choices.*


# ETH Wallet

Ethereum wallets are applications that let you interact with your Ethereum account. Think of it like an internet banking app – without the bank. Your wallet lets you read your balance, send transactions and connect to applications.Your wallet is only a tool for managing your Ethereum account. That means you can swap wallet providers at any time. Many wallets also let you manage several Ethereum accounts from one application.That's because wallets don't have custody of your funds, you do. They're just a tool for managing what's really yours.

### Wallets, accounts, and addresses

It's worth understanding the differences between some key terms.

* An Ethereum account is an entity that can send transactions and has a balance.
* An Ethereum account has an Ethereum address, like an inbox has an email address. You can use this to send funds to an account.
* A wallet is a product that lets you manage your Ethereum account. It allows you to view your account balance, send transactions, and more.

Most wallet products will let you generate an Ethereum account. So you don't need one before you download a wallet.


# UniSwap Tutorial (ETH)

**Introduction:**  Getting Started in Uniswap Interface

**What is Uniswap?**

The Uniswap protocol is a peer-to-peer system for trading cryptocurrencies on the Ethereum blockchain. The uniswap protocol is defined by immutable, persistent, non- upgradeable smart contracts that run on euthereum. It is designed to enable trades without reliance on any trusted intermediaries who may selectively restrict access. The Uniswap protocol is designed to be censorship resistant, secure, and self-custodial. The code is open resourse for all f the read and verify.

As a result of this design principles, the Uniswap protocol will operate in perpetuity 100% uptime, provideed the Euthereum network continues to operate.

**How to connect a wallet to the uniswap app.**&#x20;

**Your wallet is like your Etheruem account. You use it to connect to the Unswap App and other decentralized applications (dapps). This is similar to signing in with Google, except you re signing in with your own Euthereum address that is saved in you wallet.**&#x20;

To start using the Uniswap app, connect your wallet by following these steps.&#x20;

1. Visit <https://app.uniswap.org> and click '' Connect Wallet''&#x20;

![](/files/D4O7sjGBKZKy65wKahq5)

2\. Select your wallet from the list. If you dont see your wallet in the list, select ''WalletConnect'' to get a QR code that your wallet can scan.

![](/files/edBem2UgoaDOz6vaI9lT)

3\. Your wallet will promp you to confirm theis connection, either in your browser or on your mobile device. Once you confirm, you will be connected to the uniswapp app and ready to trade!

When you trade, you are sending and recieving tokens to and from that wallet. This is the key attribute of all decentralized apps: you hold your tokens in your wallet and authorize transactions with your private key. In contrast, centralized services like coinbase take custody of your assets and authorize transactions on your behalf after you've signed in with password.

&#x20;

How to get a wallet&#x20;

Get an Ethereum wallet\
Your Ethereum wallet is the key to interacting with the Uniswap app and all decentralized applications (dapps) in the Ethereum ecosystem. Your wallet stores your private keys - the secret password you use to authorize transactions.

Get your first tokens\
The Uniswap app supports trading any token for another token. However, if you're new to Ethereum then you need to purchase your very first token using fiat money from a bank account or credit card. The Uniswap app does not support this "fiat on-ramp" experience, but many popular crypto services can help you do this\ <br>

Uniswap Labs has not published an official mobile app. Any mobile apps you find are probably scams and should be avoided. Only interact with the Uniswap app by visiting [ https://app.uniswap.org/ ](< https://app.uniswap.org/ >)

Please note that Ethereum addresses are public and can be shared with anyone. However, seed phrases and private keys should never be shared. If anyone claims that they need you to share your seed phrase or private key they are attempting a scam.


# How to create ETH wallet?

There are many ways to create an ETH wallet. One of the easiest and most practical ways to create an ETH wallet is to download a *Coin*Pocket.

1. Open CoinPocket and click the '' Create Standard Wallet''&#x20;

![](/files/kLKRVqfOwyBpdlMjb88W)

2\. Please selet  ''Eth'' Platform to create a standard wallet

![](/files/XW8TX41j5lsOPJJroG00)

3\. When creating standard wallet is successful you have to backup your wallet for safety and security.

![](/files/Ydxyt5i6EliybQcSclRZ)

4\. You're now done and you  can use you Eth Wallet succesfully.

![](/files/Fh2WOHTY9WKtUdPnsKaL)


# What Is EIP-1559?

**What Is EIP-1559?**

EIP-1559 stands for “**Ethereum Improvement Proposal**”. It will change the fee market mechanism of Ethereum and this change will see gas fees split into two: **Base fee and Tip**. Both of these fees will be transparent for users.&#x20;

It will include a tip from the sender to motivate miners to package the transaction during periods of high congestion and a base fee which is then burned.

In order to protect the rights and interests of users, complete the transfer within the maximum acceptable range, and improve the efficiency, EIP-1559 adopts the **Max Tip** and **Max Price** as well.&#x20;

**Max Price** refers to the highest miner fee that a user is willing to pay;

**Max Tip** refers to the upper limit of the tip that the user set. If the miner fee (Base Fee + Tip) exceeds the Max Price, the exceeded fee will be refunded to the user.

For a better understanding, we will explain the following three cases based on the chart  (**under the condition that the basic fee remains unchanged**):

1.When the Max Tip paid by the user is insufficient to cover the miner fee required, the transfer might take a long time to complete, or may not be completed;&#x20;

2\. When the Max Tip paid by the user reaches the miner fee required but does not exceed the Max Price, then the tip that exceeds the miner fee required will not be refunded;

3\. When the Max Tip paid by the user exceeds the Max Price, the tip that exceeds the Max Price offered will be refunded to the user.

**Why release EIP-1559?**

In order to solve the problem of low efficiency caused by the current congestion of Ethereum transactions, the EIP-1559 proposal adjusts the gas fee according to actual usage needs, and changes the fee structure and flow direction to ensure the utilization rate of the block. The idea is to make fees based on block demand more transparent for the user.

The EIP-1559 proposal can dynamically adjust the upper limit of the Gas fee to cope with short-term transaction congestion, thereby improving transaction efficiency and **improving user experience.**


# ETH 2.0 Staking Vault Service Agreement

Disclaimer: Translations of any materials into other languages are intended solely as a convenience to the public, but slight differences may exist. The English version is a translation of the original in Chinese and for information purposes only. In case of a discrepancy, the Chinese original will prevail.

The ETH 2.0 Staking Vault Service Agreement (hereinafter referred to as the "Agreement") is a supplement to the user agreement of CoinPocket Wallet (<https://www.coinpocket.io>) (hereinafter referred to as the "Platform"). The user agreement and other terms from this platform continue to apply to all its users. Before you proceed to the next step through this platform, please read carefully and thoroughly understand this agreement. If you proceed to the next step through this platform, or use the platform services in any way, it is deemed that you have carefully read, understood, and agreed to this agreement.

This agreement can be modified, changed, or updated by the platform at any time without prior notice to users. You should check frequently to confirm that your copy and understanding of this agreement are up to date and accurate. After the effective date of any modification, change, or update, if you continue to use any of the services on the platform, it shall be deemed as your acceptance of the newly revised, changed, or updated agreement. All content on this website is provided in multiple languages intended solely as a convenience to the public. The English version is a translation of the original in Chinese and for information purposes only. In case of a discrepancy, the Chinese original will prevail.

Cyptocurrency has a high risk. Eth2.0 Staking Vault only simplifies the staking, and does not encourage or encourage you to purchase eth coins for staking.

1\. Definition

1.1. Ethereum (ETH) is a proof-of-work (POW) blockchain network. ETH 2.0, or Ethereum 2.0, is the proof of stake (PoS) version of the Ethereum mainnet, which introduced the sharding technology. It consists of 4 phases, Phase 0 (beacon chain), Phase 1 (sharding), Phase 2 (smart contract), Phase 3 (chain storage), Phase 4 (sharding smart contract), etc.

1.2 Eth 2.0 Staking is the solution to realize the Proof of Stake mechanism of Ethereum 2.0. On Beacon Chain, users are required to stake 32 ETH to become a validator. In Phase 0, validators only need to manage Beacon Chain. Starting from Phase 1, validators need to manage 1024 shards apart from Beacon Chain. Beacon Chain and every shard produce blocks basing on Casper FFG. FFG is a Proof of Stake mechanism that involves penalty (Slashing, i.e. reduce one’s staking) for evil doings on the chain. The 32 ETH staked by validators cannot be withdrawn until Phase 2.

1.3. The ETH 2.0 Staking Vault is a simplified service based on the ETH 2.0 staking system. In the ETH 2.0 Staking Vault, the 32 ETH staking is no longer mandatory, and a unlocking mechanism for the staked ETH is implemented.

1.4. Service fee refers to the fees the platform charges for operating the ETH 2.0 nodes on behalf of users. The platform will charge 15% of the node rewards as a service fee.

1.5. Handling fee refers to the fees the user must pay to the platform when withdrawing the staked ETH.

2\. ETH 2.0 Staking Vault rules

In using this platform you are deemed to have carefully read, understood, and agreed to the following terms and conditions:

1\. The minimum investment is 0.ETH and the maximum investment is 32000 ETH. The initial allocation is 32000 ETH.

2\. Starting date of the activities, that is, operation of the node on behalf of the user and calculation of rewards, is expected to be on December 7, 2020, and calculation of rewards will start on T+1, that is, users are expected to receive the first batch of staking rewards on December 8.（"T+1" will be used in the calculation of user reward. Users who participated before December 1 are expected to receive their first reward on December 8. Special note: There are too many nodes waiting for activation, and the activation time is estimated to be “T+8”. The specific reward time is related to the node activation time. The earlier you stake, the earlier you get reward.）

3\. For users who stake before 22:00, the stake will be recorded as day T’s stake.

For users who stake after 22:00:00, the stake will be recorded as day T+1’s stake and rewards will be generated after 22:00:00 of T+2.

Note: The actual reward time is set by the activation of the nodes. If there are a large number of nodes queuing, it may be rescheduled.

4\. After the unstake function is launched, users will only be able to withdraw the stake from phase 1.

For the stakes from phase 2, CoinPocket will adopt other ways to provide a mechanism for the withdrawal of the rewards.

5\. The amount of ETH to be withdrawn every day is uncertain, and a certain fee is required to use the withdrawal function.

The ETH received by the end-user = the amount of ETH allowed to withdraw - handling fees of the operation - transfer fees (Gas).

6\. CoinPocket will charge 15% of the user's staking rewards as a service fee. The daily rewards that users will receive has already included the 15% service fee.

7\. Estimated annual yield: 5% to 20%, and actually determined by the actual stake of ETH 2.0 mainnet.

8\. The slash (node ​​penalty) caused by improper operation of CoinPocket shall be borne by CoinPocket .

Slash caused by the official ETH 2.0 node running client or ETH 2.0 contract bugs from official sources are not within the scope of responsibility.

9\. The lock-up time depends on the progress of the Ethereum project and has nothing to do with the platform. It is expected to be 1-2 years. Please be aware of the risks.

10\. The staking rewards are settled every epoch (theoretically every 6.4 minutes).

11\. The platform provides two mechanisms to alleviate the long-term lock-up of the funds.

Liquidity funds: The platform will integrate industry resources and provide a certain amount for early redemption for the users in multiple installments.

● Rewards generated during staking belong to the user. However, after the redemption, the redeemed ETH will no longer generate staking rewards.

● Only the redemption of the principal is supported. Early redemption of staking rewards is not supported.

● The commission for early redemption is related to the redemption time.

● The total amount for the first phase of the liquidity fund is 1000 ETH, and a maximum of 10% of the total amount will be released each day.

On-exchange trading: The ETH staked by users and the rewards can be freely traded on the exchange. ETH participating in pending orders are not eligible.

12\. Early redemption fee rate: (0.05 - 0.04 \* t/T) \* amount

● amount = the total amount of ETH staked by users;

● T = 730 (that is, the total number of days in two years is 365\*2), from 2020-12-01;

● t = the number of days the user's ETH has been staked, since December 1, 2020.

t is a theoretical distance, and the actual amount will be determined by the mainnet launch time.

3\. Disputes settlement

3.1. If the user loses the private key, mnemonic phrase, password, or leaks the account private key, etc., and loses absolute control of the account, being unable to withdraw or receive rewards, the losses caused shall be borne by the users themselves.

3.2. In the case of appeals for interests that are not covered within the rules, the platform has the right to reject the application if the user does not understand what is ETH 2.0 or fails to read the agreement carefully, which leads to a misunderstanding of the product rules.

3.3. The actual incomes are related to the stake of the ETH 2.0 mainnet and development progress. If a major loophole in the ETH 2.0 mainnet or development stagnation may result in damage or losses to the user, the user shall bear the loss.

4\. Liability waiver

4.1. The platform only provides you with ETH 2.0 custodial node operation services. You fully understand the possible risks and flaws of the ETH 2.0 and ETH 2.0 staking mechanism. This platform will guarantee the revenues through the most stable possible node operation service. At the same time, due the long period required for the development of ETH 2.0, there may be a variety of risks, you should be cautious about this.

4.2. Due to the particularity of digital assets, there are strong fluctuations in the price of these assets. They are relatively less used in retail and commercial markets and trading of these assets are extremely risky. They are traded uninterrupted throughout the day and have no restrictions on fluctuations. Prices are susceptible to large fluctuations due to the influence of market makers and global government policies; the losses that may be caused by the price fluctuation of digital assets is the full responsibility of the user.

4.3. It is forbidden to use this platform to engage in all illegal transactions or illegal acts such as money laundering, smuggling, commercial bribery, and any other illegal transactions or activities. If any suspected illegal transactions or illegal acts are found, the platform will take action with various available methods, including but not limited to freezing accounts, notifying relevant authorities, etc. We do not assume any responsibility arising from this behavior and reserve the right to hold relevant parties accountable.

4.5. Digital asset trading is extremely risky and is not suitable for most people. You understand that this investment may result in partial or total loss, so you should decide the amount of investment based on the degree of loss you can bear. You understand that digital assets will generate derivative risks, so if you have any questions, it is recommended to seek the assistance of a financial advisor first. In addition, in addition to the risks mentioned above, there will also be unpredictable risks. You should carefully consider and use clear judgment to evaluate your financial situation and the above risks before making any decision to buy or sell digital assets, and bear all the losses arising therefrom. The platform does not bear any responsibility for this.

***


# Eth2.0 Staking Vault Rules

1\. The minimum investment is 0.1 ETH, the maximum investment is 32,000ETH, and the first quota is 32,000 ETH.

2\. The date of operating the node on behalf of users is expected to be on December 7th, 2020, and “T+1” will begin to calculate revenue, that is, users are expected to receive the first staking reward on December 8th.

3\. Users who staked before 22:00 each day will be recorded as today's staking. The income will be started to calculate from T+1 , that is, the income will start to be generated at 22:00 tomorrow. Users who staked after 22:00 every day will be recorded as the second day of staking, that is, the next day will start to generate income at 22:00. The actual time of receiving income is subject to node activation. If there are a large number of nodes queuing to activate, the revenue time may be postponed. ("T+1" will be used to calculate user rewards. Users who participated before December 1st will receive the first reward on December 8. Note: there are too many nodes waiting to be activated, and the estimated activation time is "T+ 8". The specific reward time is related to the node activation time. The earlier you stake, the earlier you get the reward.)

4\. After the Withdraw function is launched, users can only redeem their staked ETH at the first stage. In the second phase, CoinPocket will adopt other ways to provide an exit mechanism for staking rewards.

5\. The daily withdrawal limit is 500 ETH, and each user has a minimum withdrawal limit of 0.1 ETH per day and a maximum withdrawal limit of 32 ETH; after applying for withdrawal, the withdrawal will be processed once every 24 hours. A certain amount of fee is required to use the exit function. In the end, the ETH received by users = the amount of ETH allowed to withdraw-withdrawal handling fee-transfer GAS fee.

6\. CoinPocket will charge 15% of the user's staking reward as a service fee. The daily staking reward received by the user is the amount after deducting the 15% service fee.

7\. Actual revenue is determined by the actual staking amount of ETH 2.0 mainnet.

8\. The slash (node ​​penalty) caused by improper operation of CoinPocket shall be borne by CoinPocket . Slash caused by the official Eth2.0 client end or Eth2.0 contract bug is not within the scope of responsibility.

9\. The lock-up time depends on the progress of the Ethereum project and has nothing to do with the platform. It is expected to be 1-2 years. Please be aware of risks.

10\. The staking reward is settled every epoch (theoretically 6.4 minutes).

11\. The platform provides two options to alleviate the problem of ETH's long-term lock-up. The first is a liquidity fund. That is to say, the platform will integrate industry resources and provide users with a certain amount of early redemption function in multiple phases. Earnings obtained from early redemption belong to users, and the redemption part will no longer generate staking rewards. Only the principal redemption is supported, and redemption of staking rewards ahead of schedule is not supported. The redemption fee ahead of schedule is related to the redemption time. The second option is traded on exchange. The ETH staked by users and the staking proceeds can be traded on the exchange, and ETH participating in pending orders does not participate in dividends.

Supplementary info of liquidity fund: The total amount of the first phase of the liquidity fund is 5000 ETH, and a maximum of 10% of the total amount is released each day.

12\. Early redemption fee formula: (0.05-0.04\*t/T)\*amount, amount=the total amount of ETH staked by users; T=730 (that is, the total number of days in two years is 365\*2), Start calculation from 2020-12-01; t=The number of days between the date of user's exit and December 1, 2020. t is the theoretical period, and the actual situation is determined by the time of mainnet launch.


# Eth2.0 Staking Nodes List

Since the Eth2.0 staking vault was launched, it has been running stably for one and a half years, the node is running well, and has received relatively good node rewards. In order to facilitate the community's follow-up and concern for node data, we organize and display all node data, and users can query according to their own needs. We will also update the nodes according to the operation of the nodes.


# How to retrieve the previous ETH wallet?

First of all, you should save the mnemonic or private key you created before. If you forget it, you can't get it back. Enter the previous private key or mnemonic, set the password and the name of the wallet, click to import the wallet can restore the previous wallet. mceclip0.png mceclip1.png


# CoinPocket Gas Station User Agreement

CoinPocket gas station is a service that provides a small amount of digital asset to help users to solve the congestion of the blockchain network or insufficient resources for transferring. Users who use this service need to comply with the following user agreement :

1\. Before using this services, you should read this agreement carefully. If you do not understand or other confusion, please consult a professional lawyer. If you do not agree to this agreement and/or amend it at any time, please stop using the services immediately or no longer log in to this services. Once you log in to this services, use any services of it, or any other similar behavior, you have understood and fully agreed with the contents of this agreement, including any modifications made by this product to this agreement at any time.

2\. The digital assets you purchase using this service can only be used to pay transfer fees and / or resource fees;

3\. There are risks in the digital asset market, and you need to bear all risks and losses yourself when using this service;

3\. It is forbidden to use this service to engage in any illegal transaction activities or illegal acts such as money laundering, smuggling, commercial bribery, etc. If any suspected illegal transaction or illegal act is found, the CoinPocket Foundation will take all available means, including but not limited to freezing the account , notify the relevant authorities, etc., we do not assume all the responsibilities arising therefrom and reserve the right to hold accountable from the relevant person.

4\. Users should follow the laws and regulations of anti-money laundering and counter-terrorism financing in the countries or regions where they are located, and implement the provisions of this guide within the scope of laws in the region where the user is located. If the country or region where the user is located has stricter requirements, the regulations shall be followed.

5\. The CoinPocket Foundation has the right to refuse to provide services for users who may be involved in risky behaviors such as money laundering, and requires users to provide relevant KYC information and materials to verify whether the behavior is legal.

6\. You agree not to engage in or participate in any activities that harm the interests of this service or the company at any time, regardless of whether they are related to this services.

7\. This agreement only restricts the rights and obligations relationship between you and the company, and does not involve the legal relationship and legal disputes between users of this service, its related products, other products and you due to digital asset transactions.

8\. CoinPocket Foundation reserves the final interpretation of this agreement.【Confirm】to see the quantity of CAKE marked, the quantity of CAKE compensates that can be gathered and the quantity of SYRUP reclaimed at the top after fruitful approval (the democratic capability isn't yet open, so no screen capture is taken). At the point when we don't have to stake, click【Unstake】to finish the activity of gathering rewards and recovering CAKE tokens.

*This instructional exercise is just for the DApp in the wallet side of the activity guide, doesn't address the venture counsel of* CoinPocket *. Contributing implies gambles, you ought to be completely mindful of the dangers and settle on your own venture choices.*


# Transaction Pending Forever? Here is How You Make it Successful Faster!

Recently, we have got several pieces of feedback from our users that it takes forever for their transfer to arrive. After consulting the Explorer, it appears that those transactions are still pending after a long while, which is mainly due to a low Gas Price set by the users.

When encountering a similar situation, the user is advised to restart the transaction with a higher Gas Price and make the nounce value equal to the previous transaction, so that the old transaction will be replaced.

### Here is how you do it step by step <a href="#id-4c22" id="id-4c22"></a>

1. Tap on ETH in CoinPocket and select the pending transaction, copy the receiver’s address.

Take a quick look into the transaction’s details in one of the Explorers.

2\. Redo the transaction and set a higher Gas Price. (Here we use ETH as an example due to its low GAS Price.)

3\. After a while, you will be able to see the successful transaction. In terms of the old pending transaction, you will see a ‘’Dropped & Replaced” in Status and a new transaction hash, which means that the old transaction has been replaced by the new hash.

The above shows how to redo the transaction, but is it possible to cancel the pending transaction and refund the transfer?

The answer is yes. You will have to start a new transaction to your own address with a reasonable Gas Price. You will see the previous pending transaction canceled after the current one goes successful.

***Note:*** CoinPocket *now supports Gas Station for Ethereum, so users do not have to worry if they don’t have enough Gas. Later on, we will add a Transaction Acceleration function for users. Please stay tuned!*

### &#x20;

### You may want to know <a href="#id-2ab5" id="id-2ab5"></a>

Gas refers to the fee, or pricing value, required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. A transaction fee is determined by Gas Limit and Gas Price, which can be demonstrated as follows: Transaction fee = Gas Limit \* Gas Price. Actually, the real amount of transaction fee is lower than this as the Gas Limit is the maximum value. However, if the Gas Limit is set too low, the transaction will be rejected but the Gas won’t be refunded. So users normally set a relatively high Gas Limit.

The unit of Gas Price is Gwei, and 1 ETH equals 1 billion Gwei. Normally, Gas Price is about several Gweis. When you set a high Gas Price for a transaction, miners are likely to process your transaction first, and hence, your transaction will be confirmed quickly.


# FAQs on Ethereum

**1. Where can I see the ETH transfer records?**

In the case of the CoinPocket wallet, you simply click on your ETH asset to view the transfer history.

**2. How to transfer to the wallet other tokens based on ETH?**

The CoinPocket wallet already supports the ETH and ERC20 protocol, and tokens based on the ETH can be stored or used in the Coinpocket wallet. You can transfer to the ETH address.

**3. Can the ETH address created from CoinPocket** **be transferred to another wallet?**

Of course. All you need to do is export your ETH address private key from the Coinpocket wallet and import the private key to another wallet to generate your ETH wallet.

**4. Do you have to worry about CPU issues when playing ETH dapps?**

Unlike ETH transfers, which require fees, EOS transfers are almost "free". Users only need to mortgage a small portion of their EOS to the system, which allocates resources and then enjoys a "free" transfer service. However, the EIDOS mining project appeared in EOS last month, which strained the CPU resources of the whole network and seriously affected the experience of EOS dapps.

The ETH network is a different economic model. In the ETH development smart contract, the cost depend on how you store data on the blockchain to consume gas. Although there is a cost to pay, but you do not consider the problem of resource explosion.

**5. What are the ETH transfer fee and gas?**

Gas, gasoline, is a kind of fuel. ETH transfer fees are calculated based on gas consumption (ETH miner fee = Gas Limit \* Gas Price). Like BTC, ETH transfers also pay for blockchain miners.

ETH transfers are said to consume gas. This value is determined by Gas Price (unit Price) and consumed Gas Limit (quantity). The amount of Gas Limit is generally determined by the ETH smart contract content. Therefore, the higher the Gas Price set by the initiator, the faster the transaction can be packaged. However, ETH can be returned if it has more Gas than it needs.

**6. How to transfer/receive ETH from others?**

Take CoinPocket wallet as an example, click "transfer", enter the transfer address of others, enter the amount and password; On the contrary, click "receive" and send receiving address to others. (note that if the ETH is transferred to the contract account or the address of the exchange, you need to fill in the Memo. ETH transfer needs to consume a small amount of miner fee, namely gas fee)

**7. How does ETH in the wallet sell for cash?**

For sale for cash, we need to withdraw ETH to the exchange and sell them through legal currency trading. However, there is a more convenient way for the CoinPocket wallet to convert ETH into EOS through the swap function of the Coinpocket wallet, and then sell EOS through CoinMyDex.

(1)Open ETH wallet, click swap, select EOS, enter the amount of exchange, enter EOS address, and click to start the exchange (swap function has a small amount of handling fee).

(2) After the exchange for EOS, open the CoinMyDex（Currently, this function only supports Chinese users）, choose to trade EOS to sell (the first time to use CoinMyDex needs to click on my account to improve the information).

**8. How to transfer ETH（in the exchange）to wallet?**

Take Huobi to Coinpocket wallet for example:

(1)Click "Receive", copy the address or QR code

(2)Open my assets in Huobi, click to withdraw, select the ETH, paste the address or scan the QR code, enter the amount of withdrawing, click to withdraw (note that there will be a handling fee and the minimum amount of withdrawing)

**9. How to purchase ETH assets?**

You can buy it from digital currency exchange such as Huobi.

(1)Register/log in the Huobi account and click trade.

(2) click Fiat, choose to buy, choose ETH, click buy (you can click on the filter, choose the right for your payment method and transaction limit)

(3) click buy, there will be the order information, according to the requirements of payment, click I have paid successfully, the seller will send ETH after checking the funds.

**10. How to retrieve the previous ETH wallet?**

First of all, you should save the mnemonic or private key you created before. If you forget it, you can't get it back.

Enter the previous private key or mnemonic, set the password and the name of the wallet, click to import the wallet can restore the previous wallet.

**11. How to create ETH wallet?**

There are many ways to create an ETH wallet. One of the easiest and most practical ways to create an ETH wallet is to download a CoinPocket .

Selects Ethereum

Create Wallet

Set a wallet name, set the password, click create wallet

Create a wallet will first generate a series of mnemonic, be sure to backup the mnemonic, and then enter the mnemonic in order.

We must backup mnemonic, if you lose your wallet, you can find it by mnemonic.

**12. Transaction Pending Forever? Here is How You Make it Successful Faster!**

Recently, we have got several pieces of feedback from our users that it takes forever for their transfer to arrive. After consulting the Explorer, it appears that those transactions are still pending after a long while, which is mainly due to a low Gas Price set by the users.

When encountering a similar situation, the user is advised to restart the transaction with a higher Gas Price and make the nounce value equal to the previous transaction, so that the old transaction will be replaced.

Here is how you do it step by step

Tap on ETH in CoinPocket and select the pending transaction, copy the receiver’s address.

Take a quick look into the transaction’s details in one of the Explorers.

2\. Redo the transaction and set a higher Gas Price. (Here we use ETH as an example due to its low GAS Price.)

3\. After a while, you will be able to see the successful transaction. In terms of the old pending transaction, you will see a ‘’Dropped & Replaced” in Status and a new transaction hash, which means that the old transaction has been replaced by the new hash.

The above shows how to redo the transaction, but is it possible to cancel the pending transaction and refund the transfer?

The answer is yes. You will have to start a new transaction to your own address with a reasonable Gas Price. You will see the previous pending transaction canceled after the current one goes successful.

Note: CoinPocket now supports Gas Station for Ethereum, so users do not have to worry if they don’t have enough Gas. Later on, we will add a Transaction Acceleration function for users. Please stay tuned!

You may want to know

Gas refers to the fee, or pricing value, required to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform. A transaction fee is determined by Gas Limit and Gas Price, which can be demonstrated as follows: Transaction fee = Gas Limit \* Gas Price. Actually, the real amount of transaction fee is lower than this as the Gas Limit is the maximum value. However, if the Gas Limit is set too low, the transaction will be rejected but the Gas won’t be refunded. So users normally set a relatively high Gas Limit.

The unit of Gas Price is Gwei, and 1 ETH equals 1 billion Gwei. Normally, Gas Price is about several Gweis. When you set a high Gas Price for a transaction, miners are likely to process your transaction first, and hence, your transaction will be confirmed quickly.


# What is Token Transfer Approval, and What Risk Does it Involve?

## **What is ERC20 token approval** <a href="#id-43d0" id="id-43d0"></a>

Most DApps on ETH involve contract operations, so the approval operations, that is, the user is actually allowing the contract to have access to a certain amount of tokens in the address.

**For example,**

Account A has 10,000 tokens. Account B has no token, and so does account C.

So how does account A delegate B to send 100 tokens to account C?

Firstly, accounts A and B will have to establish a delegating relationship. The user needs to login account A and run approve(b,100) to the result: \_allowed\[A]\[B]=100token

Then, account B needs to be logged in and run transferFrom(A,C,100). Account B is the delegated sender, from which account the gas is deducted. So the amount of tokens sent must below the \_allowed\[A]\[B] level.

**In conclusion, this is how a transfer is made from A to C through B.**

## The risks may be involved in the process <a href="#fcf9" id="fcf9"></a>

In the process, if the user approves the transfer to a malicious contract, it means that the contract is able to use the user’s tokens to make collateral or do other malicious things.

**DeFi on ETH is already widely recognized by the public, with well-known projects like Uniswap, Curve, and Balancer. These tools have easiness of use and powerful functions, which are also easy to list tokens. However, these features may make the tools a hotbed for evildoers. Hence, whenever we conduct ERC20 token swap (especially some new tokens), the process involves a certain degree of risk. The new version of Coinpocket wallet comes in to place at the right time — the newly added \[Action] and \[Approved Amount] are evidently important.** As mentioned above, to approve a transfer is like to sign a contract. In CoinPocket, if the maximum amount of the tokens that can be used in the contract is X, and when the required amount is larger than X, second approval permission will be triggered.


# How to Use Watch Mode in CoinPocket to Check the Balance in ETH 2.0 Depositing Contract

## What is Watch Mode? <a href="#id-49b1" id="id-49b1"></a>

​Watch mode is mainly used for observing the asset holdings in a target wallet and assisting a cold wallet in token withdrawal.

## How to Launch Watch Mode for Ethereum? <a href="#id-95ee" id="id-95ee"></a>

1.Open Coinpocket Wallet and tap on the first icon on the top right, select \[Ethereum] as the underlying asset.Could not load image2. Tap on \[Import] — \[Watch Mode].Could not load imageCould not load image3. Fill in the ETH 2.0 depositing contract address: 0x00000000219ab540356cBB839Cbe05303d7705Fa, tap on \[Start Importing] to import an observe wallet.Could not load image​**Follow us**

* Website: <https://coinpocket.io/>​
* Twitter: @Coinpocket
* Telegram: @coinpocket.io


# What is ETH Transaction Accelerator?

To transfer on Ethereum costs Gas fee paid in ETH. If the Gas fee is not high enough, it will cause the transaction to be stuck on the chain and "pending" all the time. The ETH accelerator is a function allows users to manually increase the Gas fee to complete the transaction if the fee offered first time is too low to get the transaction proceed.

Here is how you accelerate a transaction

1.On the Transfer page, tap on accelerate.

2.On the Accelerate page, CoinPocket will provide the best Gas fee for the user automatically. Users are able to complete the transaction by one-click, without having to adjust the number. Meanwhile, users are also allowed to accustom the Gas fee.

3.Confirm the acceleration and payment. Enter the password to complete the process.


# Manage the unpackaged transactions

If a transfer or in-DApp payment is initiated when there exists an unsuccessful order, the following prompts will pop up:

\[Manage Unapproved Transaction] means to accelerate or cancel the previous transaction request.

\[Continue the current transaction] means to skip the prompt and continue with the current transaction.

\[Cover the Earliest Unapproved Transaction] means to cancel the previous transaction, and you will need to confirm if the unapproved transaction has important data.

2.On the Accelerate page, CoinPocket will provide the best Gas fee for the user automatically. Users are able to complete the transaction by one-click, without having to adjust the number. Meanwhile, users are also allowed to accustom the Gas fee.

3.Confirm the acceleration and payment. Enter the password to complete the process.


# BTC Wallet

### How Bitcoin Wallets Work <a href="#how-bitcoin-wallets-work" id="how-bitcoin-wallets-work"></a>

Bitcoin wallets hold a user’s keys, allowing users to receive bitcoin, sign transactions, and check their account balance. The private and public keys held in a bitcoin wallet serve two distinct functions, but are tied together in creation.

Bitcoin wallets contain a user’s keys, not their actual bitcoin. Conceptually, a wallet is like a keychain in the sense that it holds many pairs of private and public keys. These keys are used to sign transactions, allowing a user to prove they own transaction outputs on the Blockchain i.e. their bitcoin. All bitcoin is recorded on the blockchain in the form of transaction outputs.<br>


# Why is the fee so high for bitcoin transfer?

Because bitcoin is only one megabyte in each block, and can only handle five transactions per second, miners' fees have risen since the volume of transactions has increased

Blockchain fees depend on several factors including network congestion, transaction confirmation times (affected by liquidity providers), and transaction size (as measured in kilobytes; affected when converting crypto from multiple inputs such as faucet earnings or other micro-transactions).

In other words, you may need to pay higher blockchain fees if:

* the blockchain network is busy or loaded at the moment. Usually, the fee increases during sudden blockchain rate fluctuations and major world events;
* your crypto account has a history of microdeposits (like referral bonuses). If your account has large amounts of small deposits, the size of your transaction will be bigger as it will consist of many inputs. The bigger the transaction size, the higher the blockchain fee.&#x20;


# Why does my usdt prompt an address error when I want to transfer to a bitcoin address?

The bitcoin-based USDT (issued under the Omni protocol) and ethereum-based USDT (issued under the erc-20 protocol) cannot transfer to each other.

When transferring USDT, you can tell whether the USDTs are based on the same protocol by their address starting numbers: the USDT issued under Omni protocol starts with "1", and the USDT issued under erc-20 protocol starts with "0x".


# Can usdt transfer to my bitcoin address?

Your<https://coinpocket.io>  Wallet allows you to transact with Tether (USDT).

To receive USDT from a friend or third party, follow the steps below for help getting started.

1. Click on **Recieve** and choose Tether from the **Currency** drop-down menu.
2. Click **Copy** to copy your USDT address to your clipboard and share it with the sender.
   1. Alternatively, the sender can scan the QR code shown below your address with their device. Please note: your USDT address is the same as your ETH address. You can also receive Tether by having it sent to the ETH address that appears when you click **Request** and choose **Ethereum** as your currency.
3. Once finished, click **Done** or the X in the upper-right corner to close your Request window.
4. To monitor any incoming and outgoing USDT transactions, visit your Tether tab in the left-side navigation panel of your wallet.

![](/files/ABATRuXNju2uZO7BSvvH)


# How many bitcoin addresses can you create in the CoinPocket wallet?

You can create as many as you want, and it's free. A wallet is a type of Bitcoin address that has a unique personal address that can be used to receive bitcoin. The public key of a wallet can be used to generate multiple receiving addresses, however, unlike a bank account.


# Can I create multiple BTC addresses?

&#x20;People can have multiple bitcoin addresses they can use to send and receive transactions. Depending on your needs, you can create as many as you want.

In fact, it is advisable to use a brand new bitcoin address for every transaction, which may or may not be manageable for individual users depending on how many transactions they intend to process on a daily basis. Contrary to popular belief, the generation of a new bitcoin address does not require an active Internet connection.

A bitcoin address is an identifier representing a possible destination — or origin — for a bitcoin transaction. Every bitcoin address is between 26 and 35 alphanumeric characters in length and can start with a 1 or a 3. Creating new or additional bitcoin addresses can be done free of charge through the installed bitcoin software, or you can obtain a bitcoin wallet address from an exchange or online wallet provider.


# My bitcoin has been transferred out but the receiver said did not receive, what should I do?

If you have sent Bitcoin (BTC) or Bitcoin Cash (BCH) to someone but they say the bitcoins never arrived, please check the receiving address on our CoinPocket App to make sure the funds have been broadcast to the network and sent to the correct address.

If the recipient states that they did not receive the bitcoins, please ask them to confirm the receiving address. If you have sent to the correct address but the recipient cannot see the bitcoins in their wallet, then it is possible you have mistakenly sent BCH to a BTC address (or vice-versa).

You can query in the block chain browser, may be the queue delay is more severe. The speed is really so slow when there are more transactions.

If you have sent the wrong coin, then you will need to ask the receiving party to help recover the funds for you. If they do not know how to recover BCH/BTC, they will need to contact the support team of their wallet provider for instructions.


# Can the Coinpocket wallet automatically collect bitcoins?

**\*This function will be designed later, welcome to give valuable advice.**


# How to choose the best miner's fee for bitcoin?

Bitcoin miners fee calculation: = Fees (satoshi/byte) \* Site (byte) (\* satoshi = sat, 1 bitcoin = 100 million satoshi), you can go to <https://bitcoinfees.earn.com> to view the data to get the best miner's fee.

For ordinary users, we generally use the default recommended miner's fee in the wallet (such as CoinPocket), of course, we can also flexibly turn on the advanced mode to make free settings

CoinPocket will gonna make sure that you fee will be worthit because we priority your easy and valuable experince with us.


# What are the advantages and disadvantages of the bitcoin lightning network?

Lightning networks can provide significant improvements in scalability, and transaction speeds and transaction rates should be significantly improved without affecting the underlying security of the core protocols. However, there are always two sides to everything. Let's take a look at the advantages and disadvantages of lightning networks.

Advantages of lightning network:

* Fast payments: payments within a given channel can be almost as fast as data being transferred between two nodes over the Internet.
* No trusted third party is required: the two participants in the channel pay each other directly using regular bitcoin transactions, and no third party controls their funds.
* The payment channel can remain open indefinitely: as long as the two parties in the channel continue to work with each other, the channel can remain open indefinitely.
* Across the blockchains: the payment channel can be routed across multiple blockchains if another blockchain supports the same hash function for the hash lock and has the ability to create a time lock.

Disadvantages of lightning network:

The security of lightning network payment may make lightning network not suitable for large payment. The payee needs to sign the recovery transaction before receiving the payment, and a hot wallet is needed to receive the payment, which means there is a risk that the private key will be exposed if a security incident occurs.


# What is the relationship between USDT on BTC and BTC?

USDT (full name Tether USD). It is a stablecoin issued by Tether, formerly known as Realcoin, which is registered in the isle of man and Hong Kong. USDT is the stable currency with the highest market share on the market. It was originally issued as a cryptocurrency based on the Omni protocol, which can be simply understood as the USDT based on bitcoin.

Omni-USDT is stored on the bitcoin address, so the type of fee to be paid for each transfer is bitcoin. The address is 1 or 3 at the beginning, for example:1NTMakcgVwQpMdGxRQnFKyb3G1FAJysSfz. It is important that to successfully transfer Omni-USDT on the blockchain, there must be at least 0.0002 bitcoins in the address. At the same time, for each Omni-USDT transfer, a small amount of BTC transfer will be generated accordingly. In other words, when we made an Omni-USDT transfer on the blcokchain, two transfers "Omni-USDT and small BTC" actually took place.

Tip: there are currently BTC, ETH, TRX and EOS that support the USDT.


# What is the bitcoin lightning network?

Lightning network is a distributed network that enables instant payment across the participant network through the smart contract function, while taking advantage of the blockchain feature to eliminate the risk of hosting funds to third parties. Mainly used for instant, high-volume micropayments. In essence, it is to set up another channel outside the bitcoin main chain, where users' digital currency can make quick payments, because the lightning network is a decentralized architecture, which is fundamentally different from traditional exchanges.


# Does a bitcoin address have to start with a number?

No, there are 1, 3 and bc1, which represent the following:

The address at the beginning of 1 is P2PKH(pay-to-public-key-hash) address, which is the original address, and is called ordinary BTC address;

The address at the beginning of 3 is P2SH(pay-to-script-hash) address, and the internal address also needs to be segwit, that is, the segwit address.

The address at the beginning of bc1 is a BECH32 encoded address, an address format developed specifically for segwit, and an segwit address.

The address at the beginning of 3 and bc1 are smaller and less expensive than that of 1, which can improve the packaging speed of BTC block.

2.On the Accelerate page, CoinPocket will provide the best Gas fee for the user automatically. Users are able to complete the transaction by one-click, without having to adjust the number. Meanwhile, users are also allowed to accustom the Gas fee.

3.Confirm the acceleration and payment. Enter the password to complete the process.


# How many bits is the bitcoin address?

The length of a typical BTC address is 26-34 bits. It's worth noting that the address of the bitcoin is not the public key, but the hash of the public key. That is, the address can be derived from the public key, but the public key cannot be deduced from the address, because the hash function is a one-way function.

Tips：

The address at the beginning of 1 is P2PKH(pay-to-public-key-hash) address, which is the original address, and is called ordinary BTC address;&#x20;

The address at the beginning of 3 is P2SH(pay-to-script-hash) address, and the internal address also needs to be segwit, that is, the segwit address.&#x20;

The address at the beginning of bc1 is a BECH32 encoded address, an address format developed specifically for segwit, and an segwit address.&#x20;

The address at the beginning of 3 and bc1 are smaller and less expensive than that of 1, which can improve the packaging speed of BTC block.&#x20;

The BTC address of Satoshi Nakamoto: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa


# What is the smallest unit of bitcoin?

The traditional currency we use every day can be broken down into cent, so for bitcoin there is also its smallest unit, satoshi. How small is satoshi? 1 satoshi = 0.00000001 BTC.

In October 2019 satoshi, bitcoin's smallest unit, was added to the Oxford English Dictionary. This is the latest addition to the famous English vocabulary, and it's part of the encryption industry's terminology, but it's not the first. In 2013, the OED added the word "bitcoin" defining it as "a digital currency that can be traded without a central bank".


# Will the miner's fee be deducted if the BTC transfer fails?

In the bitcoin network, the transfer requires the miner to package the transaction. But if the deal fails for reasons such as a lack of miners' fee, since the deal has been packaged by the miners, the miner's fee will be deducted and not refunded to the user's account. This is also a feature of the consensus algorithm of POW (Proof Of Work).


# How to export the BTC private key of CoinPocket wallet?

The public key in the BTC is used as a collection address. The private key is known only to you, if it is be public or lost means that your assets will be lost. Therefore, the private key plays an important role in our assets. Although the registration of the Coinpocket wallet started as a remind of backup and verification mnemonic(equally important), the backup of the private key means that we can have more controllable keys. If one of the two is lost, the asset will not be lost.

The steps to export the private key through Coinpocket wallet are as follows:

1. Open the CoinPocket app and cclick the ''BTC''

![](/files/wOpaI4eitp757otPFV6Y)

2\. Look to the rightupper corner click the three dots over there.

![](/files/jrVR8787w2QtUiFCCTW6)

3\.  Click the word ''Private Key'' located below

![](/files/0RWOoJJ0oHuVail4LivQ)

4\. Input yor security password to be able to use the private key&#x20;

![](/files/QD1gAH3pdV8W3op723st)

5\. Finally, you will see your  QR Code or you can copy your link to access the private key.

![](/files/fZTQwycCKiym0MBd7Ahd)


# What is BTC segwit?

Segwit is a method of blockchain expansion that has been successfully implemented in litecoin and bitcoin. At present, each block on the blockchain not only records the specific information of each transfer transaction, that is, how many bitcoins were received or transferred from the account at which point, but also contains the digital signature of each transaction to verify the legitimacy of the transaction.

When the miners package the blocks, they need to verify each transaction with a digital signature, confirm that there is no problem, and then record the transaction in the block. But for the average user, he only cares about how many assets are in each account and does not need to verify every transaction. Segwit is the digital signature information in the block out, so that each block can carry more transactions, thus achieving the purpose of expansion.

Advantages of segwit:

More secure, with better security than common addresses.

Faster, scalable block capacity, faster checking of transactions.

Cheaper, transaction fees are cheaper than regular address types.

How to identify the segwit address:

Most addresses of the segwit start with "bc", while ordinary addresses start with "1", and "3" may multiple signature addresses or the segwit address used for transitional period.


# Bitcoin transfer is slow, can it be accelerated?

If you have ever made payments using Bitcoin, you may have noticed how long it takes for the network to confirm transactions. Sometimes, days can go by between the time you sent the payment and received the confirmation. BTC transfer is slow, mainly because the transfer fee is less, so you can increase the amount of miner fee on the transfer page to get faster transfer speed.&#x20;

These off-chain services accept an additional fee to move your transaction up in the queue. Miners themselves often provide these services to make more money accepting transactions.However, due to Bitcoin's popularity, there are thousands of people making transactions on the network at any given time. Therefore, the network often becomes overcrowded. Also, there is a limited amount of miners that further compounds the problem. And finally, the block size for Bitcoin is also very less, allowing for a maximum of 2,200 transaction per block.


# How to import the BTC private key into the wallet?

Step 1: click "add wallet"

![](/files/wOpaI4eitp757otPFV6Y)

Step 2: click "Private Key"

![](/files/0RWOoJJ0oHuVail4LivQ)

Step 3: enter the private key and wallet password, click "I agree" and "Import it".

![](/files/fZTQwycCKiym0MBd7Ahd)


# How to set the miner fee of BTC?

Miner's fee reference:In the bitcoin browser: <https://btc.com/stats/unconfirmed-tx> ,Home page - statistics - unconfirmed transaction page will display the current best handling fee, you can follow this value to set.

In the CoinPocket wallet transfer page, you can set the miner's fee number manually, or you can use the miner's fee recommended by the wallet by default.


# How to transfer BTC to exchange by wallet?

**Step 1: click "Send" on the asset page.**

![](/files/xcG20cR8tJ4aCpQ2STyU)

**Step 2: click "By Address".**

![](/files/9Fdh4G1MztR9cDkjUaTe)

**Step 3: enter the address and quantity of the BTC and click next to enter the password.**

![](/files/IfbuwNVagc2CpX3TyVsA)

Please make sure the payment address is filled correctly.


# How to delete BTC wallet?

Step 1: go to the wallet details page Click the 3 dots located to the upper right corner.

![](/files/jrVR8787w2QtUiFCCTW6)

Step 2: Click ''Delete''

![](/files/WHbOpsVv3nAYQ1jXRiZK)

Step 3: enter the wallet password for verification to complete the wallet deletion.

![](/files/QD1gAH3pdV8W3op723st)

Please make sure to save the private key before deleting the wallet.


# What if you lose your password to your bitcoin wallet?

There are two options, you can choose to reset the password on the wallet details page, or you can choose to delete the wallet and reimport the private key or mnemonic. Whoever holds the private key and mnemonic is the owner of the wallet.Please make sure to save the private key before deleting the wallet.

![](/files/bTMzvifaFUnVlEgcvPko)


# How to reset the password of bitcoin wallet?

Step 1: on the wallet list page, click on the pinion (to go to the wallet details page). You can also click on the assets home page, the blue banner to enter the details page.&#x20;

Step 2: on the wallet details page, select modify password. &#x20;

Step 3:If you remember your old password, you can change it directly.&#x20;


# What if the BTC private key is lost?

Case 1: the phone or computer now has this BTC wallet, and remember the password, you can enter the password in the wallet details to export the private key or mnemonic.

Case 2: the wallet APP has been uninstalled and the private key is not backed up. In this case, the private key cannot be retrieved.


# How to backup bitcoin private key?

Best solution: print ten copies of the mnemonic when there is no camera and you have only yourself with you. Put them in a plastic bag to keep them dry. Keep them in a safe place.If possible, you can also laser etch them on the stainless steel plate.&#x20;

The next best solution: you can copy them manually, be case-sensitive, and keep them neat. To be careful, you can copy them twice and store them in a plastic bag in a safe place.

Other networking situations, cloud storage or stored in the phone album are likely to be lost or stolen.


# The page you were looking for doesn't exist – Coinpocket Help Center

You may have mistyped the address or the page may have moved

[<mark style="color:blue;">Take me back to the home page</mark>](https://coinpocket.io/)


# How to create a BTC wallet in CoinPocket?

Step 1: on the "assets" page, select "create wallet" and then select "bitcoin".

Step 2: select "create wallet".

Step 3: take the name of the wallet yourself, password 8 digits and letters, and then click "create wallet".

Step 4: click "backup wallet".

Step 5: back up your mnemonics, preferably in a camera-free place, and print them out for safekeeping. Screenshots are easy to lose, physical preservation is the safest. Click "next step"after backup

Step 6: click the backup mnemonic words in order, click all finished, click "finish".

Now the BTC wallet is created.


# How to change the name of bitcoin (BTC) wallet in CoinPocket wallet?

Step 1: click "mine" to go to the personal center page and click "manage wallets".

&#x20;Step 2. Click the bitcoin menu to enter the wallet you want to modify. &#x20;

Step 3. Go to the wallet details page and click the modify button next to the wallet name to modify mceclip1.png


# Is there a bitcoin browser in the CoinPocket wallet? How to use it?

Yes. The method is as simple as clicking on the "blockchair" at the top of the wallet "assets" page. mceclip0.png


# When my CoinPocket wallet APP was disconnected, someone transferred BTC bitcoin to me.

Yes. Bitcoin (BTC) will appear in your account the next time you open the wallet program after connecting to the Internet. Bitcoins are not actually received by the wallet software, they are added to a public ledger shared by all the devices on the network.&#x20;

If someone transfers BTC to you when your wallet is not running, the wallet will download the block data and update any unrecorded transactions when you open your wallet later, and the BTC record of the transfer will appear in the wallet.


# Will I lose my bitcoin stored in my CoinPocket wallet? Will my wallet steal my BTC?

No. Strictly speaking, whether you lose your bitcoin in your wallet depends on whether your private key is lost or stolen. As a decentralized wallet, the CoinPocket wallet does not store the user's private key, so there is no permission to transfer the user's assets. Please keep your private key safe.


# What coins are on the BTC network?

Unlike ETH, EOS and other public blockchains which support the development of smart contracts, the bitcoin network currently only have BTC and USDT. The USDT is known as OMNI (if you see it on an exchange). Some users may mention fork coins such as BCH, but they are not part of the bitcoin network.


# Can I mine BTC bitcoin with the CoinPocket wallet?

As a decentralized wallet,CoinPocket has no mining function. However, you can purchase bitcoin cloud computing products provided by a third party on the CoinPocket wallet for cloud mining.


# Will it give me interest if I deposit BTC in the CoinPocket wallet?

CoinPocket as a decentralized wallet, your BTC assets are stored on the blockchain, and the wallet is only used as a management tool to synchronize the data information on the blockchain. So BTC is not stored in the wallet, which does not charge users any fees or provide any interest.


# Where is the price of BTC in CoinPocket wallet displayed according to?

According to the market site Coinpocket ([Coinpocket.io](https://coinpocket.io/)) real-time BTC display price.


# FAQs on Bitcoin Wallet

**1. Why is the fee so high for bitcoin transfer?**

Because bitcoin is only one megabyte in each block, and can only handle five transactions per second, miners' fees have risen since the volume of transactions has increased.

**2. Why does my USDT prompt an address error when I want to transfer to a bitcoin address?**

The bitcoin-based USDT (issued under the Omni protocol) and ethereum-based USDT (issued under the erc-20 protocol) cannot transfer to each other.

When transferring USDT, you can tell whether the USDTs are based on the same protocol by their address starting numbers: the USDT issued under Omni protocol starts with "1", and the USDT issued under erc-20 protocol starts with “0x".

**3. Can USDT transfer to my bitcoin address?**

Yes

**4. How many bitcoin addresses can you create in the Coinpocket wallet?**

You can create as many as you want, and it's free.

**5. Can I create multiple BTC addresses?**

Depending on your needs, you can create as many as you want.

**6. My bitcoin has been transferred out but the receiver said did not receive, what should I do?**

You can query in the blockchain browser, maybe the queue delay is more severe. The speed is really so slow when there are more transactions.

**7. Can the Coinpocket wallet automatically collect bitcoins?**

This function will be designed later, welcome to give valuable advice.

**8. How to choose the best miner's fee for bitcoin?**

Bitcoin miners fee calculation: = Fees (satoshi/byte) \* Site (byte) (\* satoshi = sat, 1 bitcoin = 100 million satoshi), you can go to <https://bitcoinfees.earn.com> to view the data to get the best miner's fee.

For ordinary users, we generally use the default recommended miner's fee in the wallet (such as Coinpocket), of course, we can also flexibly turn on the advanced mode to make free settings.

**9. What is the proof of work (POW)?**

The most commonly used technical principle for POW is the hash function. Since any value n of the input hash function h() will correspond to an h(n) result, and as long as n changes one bit, it will cause an avalanche effect, so it is almost impossible to push back from h(n) to n, so by specifying to find the characteristics of h(n), let the user do a lot of exhaustive operations, can achieve proof of work. In short, it is through a certain amount of work (mining) to get the corresponding reward (Token).

**10. What are the advantages and disadvantages of the bitcoin lightning network?**

Lightning networks can provide significant improvements in scalability, and transaction speeds and transaction rates should be significantly improved without affecting the underlying security of the core protocols. However, there are always two sides to everything. Let's take a look at the advantages and disadvantages of lightning networks.

Advantages of the lightning network:

Fast payments: payments within a given channel can be almost as fast as data being transferred between two nodes over the Internet.

No trusted third party is required: the two participants in the channel pay each other directly using regular bitcoin transactions, and no third party controls their funds.

The payment channel can remain open indefinitely: as long as the two parties in the channel continue to work with each other, the channel can remain open indefinitely.

Across the blockchains: the payment channel can be routed across multiple blockchains if another blockchain supports the same hash function for the hash lock and has the ability to create a time lock.

Disadvantages of the lightning network:

The security of lightning network payment may make the lightning network not suitable for a large payment. The payee needs to sign the recovery transaction before receiving the payment, and a hot wallet is needed to receive the payment, which means there is a risk that the private key will be exposed if a security incident occurs.

**11. What is the relationship between USDT on BTC and BTC?**

USDT (full name Tether USD). It is a stablecoin issued by Tether, formerly known as Realcoin, which is registered in the isle of man and Hong Kong. USDT is the stable currency with the highest market share on the market. It was originally issued as a cryptocurrency based on the Omni protocol, which can be simply understood as the USDT based on bitcoin.

Omni-USDT is stored on the bitcoin address, so the type of fee to be paid for each transfer is bitcoin. The address is 1 or 3 at the beginning, for example, 1NTMakcgVwQpMdGxRQnFKyb3G1FAJysSfz. It is important that to successfully transfer Omni-USDT on the blockchain, there must be at least 0.0002 bitcoins in the address. At the same time, for each Omni-USDT transfer, a small amount of BTC transfer will be generated accordingly. In other words, when we made an Omni-USDT transfer on the blcokchain, two transfers "Omni-USDT and small BTC" actually took place.

Tip: there are currently BTC, ETH, TRX, and EOS that support the USDT.

**12. What is the bitcoin lightning network?**

Lightning network is a distributed network that enables instant payment across the participant network through the smart contract function, while taking advantage of the blockchain feature to eliminate the risk of hosting funds to third parties. Mainly used for instant, high-volume micropayments. In essence, it is to set up another channel outside the bitcoin main chain, where users' digital currency can make quick payments, because the lightning network is a decentralized architecture, which is fundamentally different from traditional exchanges.

**13. Does a bitcoin address have to start with a number?**

No, there are 1, 3, and bc1, which represent the following:

The address at the beginning of 1 is P2PKH(pay-to-public-key-hash) address, which is the original address, and is called ordinary BTC address;

The address at the beginning of 3 is P2SH(pay-to-script-hash) address, and the internal address also needs to be segwit, that is, the segwit address.

The address at the beginning of bc1 is a BECH32 encoded address, an address format developed specifically for segwit, and an segwit address.

The address at the beginning of 3 and bc1 are smaller and less expensive than that of 1, which can improve the packaging speed of BTC block.

**14. How many bits is the bitcoin address?**

The length of a typical BTC address is 26-34 bits. It's worth noting that the address of the bitcoin is not the public key, but the hash of the public key. That is, the address can be derived from the public key, but the public key cannot be deduced from the address, because the hash function is a one-way function.

Tips：

The address at the beginning of 1 is P2PKH(pay-to-public-key-hash) address, which is the original address, and is called ordinary BTC address;

The address at the beginning of 3 is P2SH(pay-to-script-hash) address, and the internal address also needs to be segwit, that is, the segwit address.

The address at the beginning of bc1 is a BECH32 encoded address, an address format developed specifically for segwit, and an segwit address.

The address at the beginning of 3 and bc1 are smaller and less expensive than that of 1, which can improve the packaging speed of BTC block.

The BTC address of Satoshi Nakamoto: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

**15. What is the smallest unit of bitcoin?**

The traditional currency we use every day can be broken down into cent, so for bitcoin there is also its smallest unit, satoshi. How small is satoshi? 1 satoshi = 0.00000001 BTC.

In October 2019 satoshi, bitcoin's smallest unit, was added to the Oxford English Dictionary. This is the latest addition to the famous English vocabulary, and it's part of the encryption industry's terminology, but it's not the first. In 2013, the OED added the word "bitcoin" defining it as "a digital currency that can be traded without a central bank”.

**16. Will the miner's fee be deducted if the BTC transfer fails?**

In the bitcoin network, the transfer requires the miner to package the transaction. But if the deal fails for reasons such as a lack of miners' fee, since the deal has been packaged by the miners, the miner's fee will be deducted and not refunded to the user's account. This is also a feature of the consensus algorithm of POW (Proof Of Work).

**17. How to export the BTC private key of CoinPocket wallet?**

The public key in the BTC is used as a collection address. The private key is known only to you, if it is public or lost means that your assets will be lost. Therefore, the private key plays an important role in our assets. Although the registration of the CoinPocket wallet started as a reminder of backup and verification mnemonic(equally important), the backup of the private key means that we can have more controllable keys. If one of the two is lost, the asset will not be lost.

The steps to export the private key through Coinpocket wallet are as follows: open the wallet -- click the blank at the top of the receipt -- select export the private key in the pop-up menu -- enter the password for authorization to record and save the private key (the QR code is for convenient transfer through different devices, please be sure to use it in a safe environment).

**18. What is BTC segwit?**

Segwit is a method of blockchain expansion that has been successfully implemented in litecoin and bitcoin. At present, each block on the blockchain not only records the specific information of each transfer transaction, that is, how many bitcoins were received or transferred from the account at which point, but also contains the digital signature of each transaction to verify the legitimacy of the transaction.

When the miners package the blocks, they need to verify each transaction with a digital signature, confirm that there is no problem, and then record the transaction in the block. But for the average user, he only cares about how many assets are in each account and does not need to verify every transaction. Segwit is the digital signature information in the block out, so that each block can carry more transactions, thus achieving the purpose of expansion.

Advantages of segwit:

More secure, with better security than common addresses.

Faster, scalable block capacity, faster checking of transactions.

Cheaper, transaction fees are cheaper than regular address types.

How to identify the segwit address:

Most addresses of the segwit start with "bc", while ordinary addresses start with "1", and "3" may multiple signature addresses or the segwit address used for transitional period.

**19. Bitcoin transfer is slow, can it be accelerated?**

BTC transfer is slow, mainly because the transfer fee is less, so you can increase the amount of miner fee on the transfer page to get faster transfer speed.

**20. How to import the BTC private key into the wallet?**

Step 1: click "add wallet"

Step 2: click "Private Key"

Step 3: enter the private key and wallet password, click "I agree" and "Import it”.

**21. How to set the miner fee of BTC?**

Miner's fee reference: In the bitcoin browser: <https://btc.com/stats/unconfirmed-tx,Home> page - statistics - unconfirmed transaction page will display the current best handling fee, you can follow this value to set.

In the CoinPocket wallet transfer page, you can set the miner's fee number manually, or you can use the miner's fee recommended by the wallet by default.

**22. How to transfer BTC to exchange by wallet?**

Step 1: click "Transfer" on the asset page.

Step 2: click "Transfer".

Step 3: enter the address and quantity of the BTC and click next to enter the password.

**23. How to delete the BTC wallet?**

Step 1: go to the wallet details page and select "delete".

Step 2: enter the wallet password for verification to complete the wallet deletion.

Please make sure to save the private key before deleting the wallet.

**24. What if you lose your password to your bitcoin wallet?**

There are two options, you can choose to reset the password on the wallet details page, or you can choose to delete the wallet and reimport the private key or mnemonic. Whoever holds the private key and mnemonic is the owner of the wallet.

**25. How to reset the password of the bitcoin wallet?**

Step 1: on the wallet list page, click on the pinion (to go to the wallet details page). You can also click on the assets home page, the blue banner to enter the details page.

Step 2: on the wallet details page, select modify password.

Step 3:If you remember your old password, you can change it directly.

**26. What if the BTC private key is lost?**

Case 1: the phone or computer now has this BTC wallet, and remember the password, you can enter the password in the wallet details to export the private key or mnemonic.

Case 2: the wallet APP has been uninstalled and the private key is not backed up. In this case, the private key cannot be retrieved.

**27. How to backup bitcoin private key?**

Best solution: print ten copies of the mnemonic when there is no camera and you have only yourself with you. Put them in a plastic bag to keep them dry. Keep them in a safe place.If possible, you can also laser etch them on the stainless steel plate.

The next best solution: you can copy them manually, be case-sensitive, and keep them neat. To be careful, you can copy them twice and store them in a plastic bag in a safe place.

Other networking situations, cloud storage, or stored in the phone album are likely to be lost or stolen.

**28. How to create a BTC wallet in Coinpocket?**

Step 1: on the "assets" page, select "create wallet" and then select "bitcoin".

Step 2: select "create wallet".

Step 3: take the name of the wallet yourself, password 8 digits and letters, and then click "create wallet".

Step 4: click "backup wallet".

Step 5: back up your mnemonics, preferably in a camera-free place, and print them out for safekeeping. Screenshots are easy to lose, physical preservation is the safest. Click "next step"after backup

Step 6: click the backup mnemonic words in order, click all finished, click "finish".

Now the BTC wallet is created.

**29. How to change the name of bitcoin (BTC) wallet in the Coinpocket wallet?**

Step 1: click "mine" to go to the personal center page and click "manage wallets".

Step 2. Click the bitcoin menu to enter the wallet you want to modify.

Step 3. Go to the wallet details page and click the modify button next to the wallet name to modify

**30. Is there a bitcoin browser in the Coinpocket wallet? How to use it?**

Yes. The method is as simple as clicking on the "blockchair" at the top of the wallet "assets" page.

**31. When my Coinpocket wallet APP was disconnected, someone transferred BTC bitcoin to me. Can I receive it?**

Yes. Bitcoin (BTC) will appear in your account the next time you open the wallet program after connecting to the Internet. Bitcoins are not actually received by the wallet software, they are added to a public ledger shared by all the devices on the network.

If someone transfers BTC to you when your wallet is not running, the wallet will download the block data and update any unrecorded transactions when you open your wallet later, and the BTC record of the transfer will appear in the wallet.

**32. Will I lose my bitcoin stored in my Coinpocket wallet? Will my wallet steal my BTC?**

No. Strictly speaking, whether you lose your bitcoin in your wallet depends on whether your private key is lost or stolen. As a decentralized wallet, the Coinpocket wallet does not store the user's private key, so there is no permission to transfer the user's assets. Please keep your private key safe.

**33. What coins are on the BTC network?**

Unlike ETH, EOS and other public blockchains which support the development of smart contracts, the bitcoin network currently only have BTC and USDT. The USDT is known as OMNI (if you see it on an exchange). Some users may mention fork coins such as BCH, but they are not part of the bitcoin network.

**34. Can I mine BTC bitcoin with the Coinpocket wallet?**

As a decentralized wallet, Coinpocket has no mining function. However, you can purchase bitcoin cloud computing products provided by a third party on the Coinpocket wallet for cloud mining

**35. Will it give me interest if I deposit BTC in the** Coinpocket **wallet?**

CoinPocket as a decentralized wallet, your BTC assets are stored on the blockchain, and the wallet is only used as a management tool to synchronize the data information on the blockchain. So BTC is not stored in the wallet, which does not charge users any fees or provide any interest.

**36. Where is the price of BTC in the Coinpocket wallet displayed according to?**

According to the market site Coinpocket (<https://coinpocket.io/>) real-time BTC display price.


# What’s the change address

Case 1: the phone or computer now has this BTC wallet, and remember the password, you can enter the password in the wallet details to export the private key or mnemonic.

Case 2: the wallet APP has been uninstalled and the private key is not backed up. In this case, the private key cannot be retrieved.


# What is OP\_RETURN？

To be easier, we can regard OP\_RETURN as a memo function, which can permanently write data into the Bitcoin network; Currently OP\_RETURN supports up to 80 bytes of data; punctuation marks, numbers, letters occupy 1 byte, and Chinese characters occupy 3 byte。


# what is UTXO

UTXO is an abbreviation of “Unspent Transaction Output”. Customize UTXO, that is, when you send transactions, you can choose which UTXOs you prefer, use a more economical UTXO combination, or assign a specific UTXO. Moreover, CoinPocket supports lower gas fee settings. With the combination of gas fee setting and custom UTXO, Users can stop worrying about "gas fee insufficient". Users can transfer even the last Satoshi bitcoin. Any Satoshi bitcoin will not waste in the daily transaction or the last transaction.。


# What’s the path？

The same mnemonic used with different paths can generate different addresses. E.g:

* Mnemonic A+Path A=Address A
* Mnemonic A+Path B=Address B

If you import a mnemonic, you create a new address by changing the CoinPocket's default path (setting a custom path), so be sure to remember this new path. When importing a mnemonic, if the mnemonic does not match the path, the address cannot be found.


# What is the SegWit?

Segregated Witness (abbreviated as SegWit) is an implemented protocol upgrade intended to provide protection from transaction malleability and increase block capacity. SegWit separates the *witness* from the list of inputs. The witness contains data required to check transaction validity but is not required to determine transaction effects.

Additionally, a new *weight* parameter is defined, and blocks are allowed to have at most 4 million weight units (WU). Non-witness and pre-segwit witness bytes weigh 4 WU, but each byte of Segwit witness data only weighs 1 WU, allowing blocks that are larger than 1 MB without a hard forking change.


# TRON Wallet

To be easier, we can regard OP\_RETURN as a memo function, which can permanently write data into the Bitcoin network; Currently OP\_RETURN supports up to 80 bytes of data; punctuation marks, numbers, letters occupy 1 byte, and Chinese characters occupy 3 byte


# About TRON Account Privilege Escalation

Privilege escalation means that your account privileges will change, generally adding an account address with the same privileges. Privilege escalation can allow this account to obtain control rights such as transfer and voting, thus easily transfer your assets.

<mark style="color:red;">**So, when encountering such permission elevation prompts, be sure to stop approval and quit**</mark>, and send the link to <service@coinpocket.io>

### <mark style="color:blue;">Knowledge extension:</mark>

There are 2 different roles of permission on the TRON chain: Owner (administrator) and Active (active permission). you can edit and set the privileges managed by the Owner or Active account, such as replacing and adding the permission address, and modifying the threshold or weight of the permission address, so as to realize functions such as multi-signature. If the user encounters a malicious execution link and gives approval, another permission address will be added, which will directly lead to the loss of assets.


# Solana Wallet

A wallet is a device or application that stores a collection of keys and can be used to send, receive, and track ownership of cryptocurrencies. The Solana Wallet Guide describes the different options available to users of Solana who want to interact with SOL tokens on the Solana blockchain. The private key is required to digitally sign any transactions to send cryptocurrencies to another address. The address can also be used to view certain information about a wallet, such as viewing the balance, but has no ability to change anything about the wallet or withdraw any tokens. Solana supports multiple types of wallets so you can choose the right balance of security and convenience.


# FTM Wallet




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