How to Add Tokens in ELLIPAL

Managing digital assets securely is a top priority for cryptocurrency users. One of the most effective ways to safeguard your tokens is by using a cold wallet like ELLIPAL. Unlike hot wallets connected to the internet, ELLIPAL operates offline, offering military-grade protection against hacking and online threats. This guide walks you through everything you need to know about adding and managing tokens in your ELLIPAL wallet—safely, efficiently, and with full control over your crypto.

Understanding Tokens

Before diving into the technical steps, it’s important to understand what tokens are and how they differ from native cryptocurrencies. This foundational knowledge ensures you make informed decisions when managing your digital assets.

What Are Tokens?

Tokens are digital assets built on existing blockchain platforms such as Ethereum, Binance Smart Chain, or Solana. Unlike standalone cryptocurrencies like Bitcoin or Ether, tokens rely on smart contracts to function. They can represent various forms of value—ranging from utility access and governance rights to asset-backed instruments.

For example:

• Utility tokens grant access to a platform’s services (e.g., file storage, computing power).
• Governance tokens allow holders to vote on protocol upgrades.
• Stablecoins are pegged to real-world assets like the US dollar.

Most commonly, tokens follow standardized formats such as ERC-20 (Ethereum), BEP-20 (Binance Smart Chain), or SPL (Solana). These standards ensure compatibility across wallets, exchanges, and decentralized applications (dApps).

👉 Discover how secure token management starts with the right wallet setup.

Custom Tokens vs. Native Tokens

It's crucial to distinguish between native tokens and custom tokens, as this affects how they’re stored and managed.

• Native Tokens: These are the primary cryptocurrencies of a blockchain network. For instance:

  • BTC on the Bitcoin network
  • ETH on Ethereum
  • BNB on Binance Chain

  Native tokens are used to pay gas fees, incentivize validators, and serve as the base layer for decentralized ecosystems.

• Custom Tokens: Created via smart contracts on top of existing blockchains. Examples include:

  • USDT (Tether) as an ERC-20 token
  • UNI (Uniswap) on Ethereum
  • CAKE (PancakeSwap) on Binance Smart Chain

While ELLIPAL supports both types, custom tokens often require manual addition if they’re not preloaded in the wallet interface.

Storing Tokens on ELLIPAL

ELLIPAL’s cold wallet provides an air-gapped environment—meaning it never connects directly to the internet—ensuring your private keys remain secure. Here’s how to store both native and custom tokens safely.

Set Up Your ELLIPAL Cold Wallet and Connect to the App

Before adding any tokens, ensure your ELLIPAL device is properly set up:

1. Unbox your ELLIPAL Titan or Mini device.
2. Follow the on-screen instructions to create a new wallet or restore from a seed phrase.
3. Download the ELLIPAL App from the official app store (iOS or Android).
4. Pair the wallet via QR code scanning—this maintains air-gapped security.

Once paired, your wallet will sync with the app while keeping private keys offline.

🔐 Security Tip: Never share your 12- or 24-word recovery phrase. Store it in a fireproof, waterproof location.

How to Add Tokens to Your ELLIPAL Wallet

ELLIPAL automatically displays major tokens like ETH, BNB, and USDT based on the blockchain networks you enable. However, lesser-known or newly launched tokens may not appear by default. To manually add them:

1. Open the ELLIPAL App.
2. Navigate to the relevant blockchain account (e.g., Ethereum, BSC).
3. Tap the "Add Token" option.

4. Enter the following details:

   • Token Contract Address (find this on CoinGecko, CoinMarketCap, or the project’s official site)
   • Token Symbol (e.g., “APE”)
   • Decimals (usually 18 for ERC-20 tokens)
5. Confirm and save.

The token will now appear in your portfolio and can be received or managed just like any other asset.

⚠️ Warning: Always double-check contract addresses. Fake or incorrect addresses can lead to permanent loss of funds.

👉 Learn how multi-chain token support enhances your crypto flexibility.

Managing Your Tokens Securely

Once tokens are added, ELLIPAL allows full control over sending, receiving, and tracking balances—all without exposing your keys to online risks.

View and Track Token Balances

Your ELLIPAL dashboard displays real-time balances across multiple chains. You can:

• Monitor price changes in USD or other fiat currencies.
• Switch between testnet and mainnet views.
• Organize tokens by popularity or custom labels.

This makes portfolio tracking intuitive, even for users holding assets across Ethereum, TRON, Polygon, and more.

Send and Receive Tokens Safely

To send tokens:

1. Select the token and tap "Send."
2. Scan the recipient’s wallet address via QR code or paste it manually.
3. Confirm transaction details on your ELLIPAL device’s screen.
4. Approve using physical buttons—offline signing prevents remote tampering.

Receiving tokens is simpler: just share your public address (via QR code or text) with the sender.

All transactions are signed within the isolated environment of the hardware wallet, ensuring no exposure to malware or phishing attacks.

Frequently Asked Questions (FAQ)

Q: Can I add any token to my ELLIPAL wallet?
A: Yes, as long as the token runs on a supported blockchain (e.g., Ethereum, BSC, Polygon) and you have the correct contract address. Always verify the address through trusted sources before adding.

Q: Why doesn’t my token show up after adding it?
A: This could be due to an incorrect contract address or unsupported token standard. Double-check the details and ensure the network is enabled in your wallet settings.

Q: Is there a fee to add custom tokens?
A: No. Adding a token to your wallet interface is free. However, sending or interacting with tokens requires gas fees paid in the native coin of that network (e.g., ETH for Ethereum transactions).

Q: Can I manage NFTs with ELLIPAL?
A: Yes. ELLIPAL supports NFT viewing and transfer on compatible networks like Ethereum and BSC. Ensure your app is updated to access NFT features.

Q: What happens if I lose my ELLIPAL device?
A: As long as you’ve backed up your recovery phrase, you can restore access to all your tokens on a new device—no funds are lost.

Conclusion

Adding and managing tokens in ELLIPAL is a straightforward process that combines ease of use with enterprise-level security. Whether you're holding mainstream assets like USDC or exploring emerging DeFi projects with custom ERC-20 tokens, ELLIPAL gives you peace of mind through air-gapped transaction signing and broad multi-chain support.

By understanding the difference between native and custom tokens, verifying contract addresses carefully, and leveraging ELLIPAL’s user-friendly interface, you maintain full control over your digital wealth—without compromising safety.

👉 Secure your crypto future with advanced wallet technology today.