A simple and innovative way to onboard users into ElmonX and the world of digital collectibles.
Digital Collectible Onboarding Simplified
Onboarding new users into the world of digital collecting has always been challenging. The need to create a wallet, install extensions, and securely store your seed phrase can be discouraging, not to mention the necessity of understanding wallet security.
At ElmonX, we’ve worked hard to simplify this process. Now, you can create a custodial wallet directly from ElmonX. This allows you to purchase digital collectibles on the ElmonX website and have them sent directly to your ElmonX Wallet.
Key Features
- Ease of Use: The ElmonX Wallet is integrated seamlessly with your ElmonX account. No need for third-party extensions or separate applications.
- Security: While the ElmonX Wallet is custodial, meaning ElmonX holds the keys on your behalf, we ensure a high security standard to protect your assets. As long as your ElmonX account is secure, your collection is too.
- Convenience: Transfer your collectibles and cryptocurrency in and out of the ElmonX Wallet at your convenience. Manage all your digital assets from one place.
- Multi-Chain Support: The ElmonX Wallet supports both Ethereum and Polygon networks, allowing you to manage NFTs and cryptocurrencies from both chains.
- Gas Modes: Choose between standard and aggressive gas modes for your transactions, giving you flexibility in terms of speed and cost.
Step-by-Step Guide to Creating Your ElmonX Wallet
- Access your ElmonX account by logging in or registering if you are a new user.
- Once logged in, go to your profile page.
- Select the ‘ElmonX Wallet’ tab and click ‘Create New Wallet.’
Your ElmonX Wallet will be ready to use immediately.
Managing Your ElmonX Wallet
Funding Your Wallet: To perform transactions, such as transferring collectibles to an external wallet (like MetaMask), ensure your ElmonX Wallet has a sufficient amount of Ethereum to cover the gas fees. You can choose between standard and aggressive gas modes depending on your preference for transaction speed and cost; an estimated cost will be provided.
Transferring Collectibles:
- To ElmonX Wallet: Copy your ElmonX Wallet address from the wallet section of your profile. Use this address when transferring collectibles from your personal wallet to your ElmonX Wallet.
- From ElmonX Wallet: Select the collectible you wish to transfer out. Enter the destination wallet address and confirm the transaction. Ensure you have enough ETH to cover the gas fees.
- Supported Transfers: Currently, you can only transfer ElmonX digital collectibles that are based on ETH or POLYGON within the ElmonX Wallet.
Additional Features
- Transaction History: Track all your transactions directly within the ElmonX Wallet. This includes purchases, transfers, and any other activity related to your digital assets.
- Customer Support: If you encounter any issues or have questions about your ElmonX Wallet, our customer support team is available to assist you. Access support through the ElmonX Discord Channel or reach out to us via our support email.
Security Tips
- Strong Password: Use a strong, unique password for your ElmonX account and change it regularly.
- Regular Monitoring: Regularly check your wallet for any unauthorized transactions and report any suspicious activity immediately.
Important Warnings
- Correct Wallet Address: When transferring funds or collectibles, double-check the destination wallet address. Transactions sent to an incorrect address cannot be reversed, and ElmonX cannot retrieve these funds or collectibles.
- Gas Fees: Ensure you have sufficient ETH or MATIC in your wallet to cover gas fees, especially when choosing the aggressive gas mode for faster transactions.
- Supported Assets Only: Transfer only supported assets (ElmonX NFTs, ETH, or MATIC) within the ElmonX Wallet. Attempting to transfer unsupported assets may result in loss.
