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How do I use Token Pocket to Store Nervos CKB and Lock my Funds in the Nervos Dao?

everythingcrypto.substack.com

How do I use Token Pocket to Store Nervos CKB and Lock my Funds in the Nervos Dao?

There is a Wocket in my Pocket!

Vacation Steve
Oct 14, 2021
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How do I use Token Pocket to Store Nervos CKB and Lock my Funds in the Nervos Dao?

everythingcrypto.substack.com

Token Pocket has a nice ring to it and it supports Nervos CKB. Let’s walk through setting it up by downloading to our mobile phone.

Once downloaded, tap Token Pocket and No Wallet | Create Wallet.

Next, tap Ethereum and Create Wallet.

Enter Name | Password and tap Create Wallet.

Now it is time to back up your mnemonic phrase. Tap I get it.

For the purposes of this post, I will expose phrase. NEVER DO THIS WITH REAL FUNDS! Ha Ha, I had to secure it. :)

Tap Completed Backup, Verify it.

Tap Confirm after you type in the mnemonic phrase. You have now successfully created the Ethereum wallet on Token Pocket!

Next, let’s access the Portal Wallet dApp to get a CKB address. Begin by tapping DApp.

Type ckb.pw in the DApp browser.

Next, tap goto ckb.pw.

NOTE: A message appears that you are about to enter a 3rd Party DApp.

Tap I get it and Portal Wallet appears with your CKB address.

Now, let’s send some money to it and show you how to lock in the DAO. I will purchase CKB directly from Crypto.com. If you want to learn how to purchase CKB directly with Crypto.com, see post below:

Everything Nervos
Dummies Guide to Purchasing Nervos CKB and Uploading to Online Tax Software
For a novice who wants to invest in Nervos, it can be a daunting process to purchase Bitcoin and send to a cryptocurrency exchange. Additionally, converting the coin to Nervos CKB can be cumbersome. Finally, you have to track all trades so you can set your cost basis for tax purposes…
Read more
2 years ago · Steven S. Warren

Let’s now withdraw the CKB to our new wallet. You can see the funds now in Token Pocket.

Next, Tap DAO and choose the amount you want to lock for 2.87% and click Deposit. You have now successfully configured Token Pocket and locked funds in the DAO.

Everything Nervos
How do I use the Portal Wallet?
The Portal Wallet is a dApp wallet that allows you to use your existing Ethereum addresses and wallets to receive and send Nervos CKB. The Portal Wallet (PW) supports the following wallets: MetaMask imToken Coinbase Wallet Opera ABC Wallet Bitpie TokenPocket…
Read more
2 years ago · Steven S. Warren

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How do I use Token Pocket to Store Nervos CKB and Lock my Funds in the Nervos Dao?

everythingcrypto.substack.com
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