Secure Wallet Update: BNB and USDT – ECOMI
With all of the amazing news and updates to come from the ECOMI camp recently, it’s easy to forget that we have an incredibly robust and capable cold storage wallet. Designed to keep your digital assets as safe as humanly possible, the Secure Wallet is capable of storing more than 1000 digital assets, including your favorite digital collectibles. In a more recent development, the ability to store the new Binance (BNB) token, and the U.S. Dollar Tether (USDT) token have been added, making it a true powerhouse of the cold storage world.
In recent years Binance has risen to be the largest cryptocurrency trading platform (by volume) and is one of the industries most well known. With more than $1bn in daily trading volume and almost 1.5 million transactions every second, the company has recently transitioned to its own blockchain, and their own token.
The original BNB token was offered and available as an ERC20 token, however now that the new Binance chain is operational, it is this new BNB token that is now available on the Secure Wallet. It should be noted that anyone still using/holding the original ERC20 BNB token can exchange their tokens by logging into their Binance account where they can be exchanged for the new BEP2 tokens.
The company has not stopped with their own token, however, expanding to include a range of products and services, including:
- Research and development programs and grants
- Decentralized exchanges
- Educational resources
- Online Wallets
- Digital infrastructure and architecture
The original stable coin, USDT is pegged to the U.S. dollar at a one-to-one value (most of the time anyway!). It is designed to be a simple way to convert to and from U.S. dollars within the crypto ecosystem, functioning in the same way cash does in the traditional financial system and is offered/accepted as a trading pair on most exchanges.
It also has the largest market share of stable coins and is backed by real USD. By adding it to the Secure Wallet, and offering you the ability to convert to/from USDT thanks to our changelly integration, you can now keep your crypto assets safe, and liquid, with the click of a button.
First things first, let’s make sure you have the most up-to-date version of the ECOMI app. To do this, visit your Play/Apple store and update it. Then, when you open the app next, it should automatically prompt you to update the Secure Wallet hardware and will take you through the process.
This is updating the actual card, over-the-air, to allow you to add the additional tokens and any other new features you may be missing. Then, follow the steps below.
When the app update is released (and you have updated your Secure Wallet accordingly), open your settings.
Choose the wallet you wish to manage in case you have more than one. The image below also shows the ‘hot wallet’ feature, which is coming soon but is not yet active.
Hit ‘Manage Currencies’