CoinWind Tutorial — Huobi Wallet
A guide of how to use Huobi Wallet to start mining on CoinWind
I. Project Introduction
CoinWind — Heco Ecological Single Coin Mining Profit Optimal Platform
- CoinWind is a DeFi intelligent mining financial platform that automatically matches the pledged currencies through contracts and cooperates with the strategy of hedging impermanent losses to maximize users’ benefits, effectively solving the problem of low single token mining revenue and LP mining risk issues such as impermanence and large losses.
- CoinWind aims to build a Defi digital asset bank, launching products that coexist with high-yield and safety and reliability, pooling different tokens deposited by users into different pools, and then mobilizing funds from a certain token pool to participate in different flows according to the strategy Mining, so as to achieve higher profits for users. CoinWind products will effectively reduce the impermanence loss in liquidity mining through a combination strategy.
CoinWind launched on Heco for the first time, and will then run across multiple main chains such as ETH and BSC.
II. Huobi Wallet Tutorial
2.1 Donwload Huobi Wallet and Create a wallet
2.1.1 Download Huobi Wallet APP
Huobi Wallet download link: https://www.huobiwallet.com
2.1.2 Confirm Security Password
After opening the Huobi Wallet, you need to enter the wallet security password and perform a second confirmation
2.1.3 Create or Import a Heco chain wallet
After opening the Huobi wallet, you can create or import a Heco chain wallet on the homepage
(This article uses Huobi wallet to operate, other wallets are similar)
2.1.4 Backup the Mnemonic Phrase and Create a Wallet Successfully
The mnemonic phrase is equivalent to your bank password. If you lose or forget the mnemonic phrase, your assets will not be retrieved; please keep them properly.
2.2 Withdraw Heco Chain Assets to the Wallet
2.2.1 Add Token
Mainstream Token’s Contract
2.2.2 Deposit Assets
Users can freely choose the corresponding assets and withdraw Heco chain-related tokens from Huobi to their wallets.
Copy and paste the wallet address into the withdrawal address.
1. It is necessary to prepare a small amount of $HT in the wallet in advance, which will be used as the gas fee for the transaction.
2. You must choose the Heco chain when withdrawing from Huobi
2.3 CoinWind Mining
2.3.1 Find the corresponding DAPP entry or fill in the link directly in the search box (coinwind.com)
2.3.2 Start Mining
After entering “CoinWind”, check and select the token(only the tokens with a quota can be invested)
Make a deposit proportionally or manually, and start mining after the deposit is successful;
Deposited funds can be withdrawn at any time, and the income is calculated based on the time of Heco block production.
Note: Each deposit and withdrawal operation will trigger the contract to transfer your earnings to the wallet.