The next thing that comes after setting up the Ellipal wallet is learning how to add coins to Ellipal. Ellipal is a hardware cryptocurrency wallet that offers all the benefits of a cold storage device.
To add coins to Ellipal, open your Ellipal hardware wallet and click on the “+” sign in the assets section. Select the coins you want to add and click “Ok.”
Head to the mobile app and bring up the scanner with the “+” icon. Click “Connect to App” on the wallet and scan the shown QR code with the mobile app to successfully add your coins.
Read on to learn about the coins Ellipal supports and how to stake coins on Ellipal.
The process of how to add coins to Ellipal is an easy one. However, it requires both the Ellipal hardware wallet and its mobile app to work. In this section, we’ll walk you through the process of how to add coins to Ellipal.
Apart from wondering how to add coins to Ellipal, some traders also have this question: “What coins does Ellipal support?” As you’ll see, a great variety of coins can be stored in this hardware wallet. You’ll also see the coins you can store, purchase, and swap on the Ellipal platform.
Coin | Store | Purchase | Swap |
Solana (SOL) | Yes | No | Yes |
Hedera (HBAR) | Yes | No | Yes |
Bitcoin (BTC) | Yes | Yes | Yes |
Ethereum | Yes | Yes | Yes |
Tether (USDT) | Yes | No | Yes |
Cardano (ADA) | Yes | Yes | Yes |
XRP (XRP) | Yes | Yes | Yes |
Dogecoin (DOGE) | Yes | Yes | Yes |
Bitcoin Cash (BCH) | Yes | Yes | Yes |
Apart from these coins, Ellipal also stores and swaps some ERC20 tokens, like:
Ellipal allows its users to stake 5 coins on its platform. These coins include Tezos (XTZ), Cosmos (ATOM), Polkadot (DOT), Cardano (ADA), and Kusama (KSM). In this section, we’ll show you how to stake coins on Ellipal.
Ellipal is also a part of the Cardano staking pool. So, you don’t need to move your ADA. Instead, you’ll just select the equity pool, authorize the pledge mandate, and you can participate. Remember that you need 4 ADA or more to stake it.
The procedure for how to add coins to Ellipal is straightforward, and anyone can accomplish it. With this process, you can add any coin that’s supported by the Ellipal Titan hardware wallet.
When you follow this procedure for how to add coins to Ellipal, you’ll ensure that the safety of your assets is not compromised.
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Ellipal's mobile app acts as a bridge for storing ERC20 tokens inside the wallet. To do this, you’ll need to visit the “Assets” section, select the “ETH” icon, and click on the “+” icon. To add ERC20 tokens, simply choose them from the options and finish the transaction. You can enter their contact address in the search bar if you don't find your desired ERC20 tokens in the "Assets" section.
Yes. It's safe to stake coins on Ellipal, as it's an air-gapped wallet. The primary benefit of being a cold storage device is that it's not connected to the internet, so internet hacks are impossible. This hardware wallet uses only a QR code for connections, so its communication systems are secure.
Staking allows owners of cryptocurrencies to earn from locking up their coins, and Ellipal makes that process safe. That's because locking up cryptocurrency requires transferring it over to a blockchain. With Ellipal's air-gapped security, the threat of hacks is lowered.
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