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Wallet Operations

Floriano Righetti
Updated on September 8, 2025

4 min read

Wallet Creation #

1. Generate a New Wallet #

  • Click “Create New Wallet.”
  • Assign a recognizable name (e.g., Cold Storage #1).
  • The system generates a BIP-39 Mnemonic Phrase.

2. Backup Recovery Phrase #

  • Write down the 12/24-word phrase in exact order.
  • Use the provided security card for storage.
  • Keep it in a secure physical location.
  • 🚫 Never photograph or digitize this phrase.

3. Verify Recovery Phrase #

  • Re-enter the recovery words in order to confirm.
  • The system will validate correctness.
  • If incorrect, you must restart verification.

Receiving Cryptocurrency #

1. Select Network #

  • Choose from over 15 supported blockchains.
  • Each network generates its own address.

2. Generate Address #

  • Click “Receive.”
  • A QR Code and text address will be displayed.
  • Addresses are deterministic — they remain the same each time.

3. Supported Networks #

  • EVM: Ethereum, BSC, Polygon, Avalanche, Fantom, Arbitrum, Optimism,…*
  • Native: Bitcoin, Solana, XRP, Cardano, TRON, …*
  • Tokens: All ERC-20, BEP-20, and custom tokens.

Sending Cryptocurrency (Offline Signing) #

1. Prepare Transaction #

  • Enter the recipient’s address.
  • Specify the amount to send.
  • Review the network fees.

2. Visual Verification #

  • System generates a unique visual hash (5×5 color grid + emoji pattern).
  • Prevents clipboard hijacking or address tampering.

3. Sign Transaction #

  • Transaction is signed offline.
  • A QR Code + hexadecimal string are generated.
  • Copy the signed transaction to an online device.

4. Broadcast (Online Device) #

  • Use any compatible wallet/service.
  • Paste the signed transaction.
  • Confirm broadcast to the network.

⚠️ Pro Tip:

Consult the Multi-Chain Section in this manual for a complete list of supported networks and protocols.

Custom Token Addition #

1. Add Token #

  • Navigate to the target network.
  • Click “Add Custom Token.”
  • Enter the contract address.

2. Verify Token #

  • System fetches token metadata automatically.
  • Confirm name, symbol, and decimals.
  • Add the token to your wallet.

Import / Export #

XColdPro allows users to import existing wallets (e.g., MetaMask, Exodus, or other software wallets) or export XColdPro-generated wallets for compatibility with external applications.

This flexibility provides convenience but also carries serious security implications that must be understood before proceeding.

EVM Networks (Standard BIP44 Path: m/44’/60’/0’/0/0)
✅ Ethereum + all ERC-20 tokens
✅ BNB Smart Chain + BEP-20 tokens
✅ Polygon (MATIC) + tokens
✅ Arbitrum + tokens
✅ Optimism + tokens
✅ Avalanche C-Chain + tokens
✅ Fantom + tokens
✅ All EVM testnets  

Bitcoin Networks (UTXO-based)
✅ Bitcoin (BTC) – m/44’/0’/0’/0/0
✅ Bitcoin Testnet – m/44’/1’/0’/0/0
✅ Litecoin (LTC) – m/44’/2’/0’/0/0
✅ Dogecoin (DOGE) – m/44’/3’/0’/0/0

Other Major Networks
✅ Solana (SOL) – m/44’/501’/0’/0’ + SPL tokens
✅ XRP Ledger – m/44’/144’/0’/0/0

What This Means for Users #

Import FROM these wallets: #

  • • MetaMask (ETH + all EVM chains)
  • • Trezor (ALL networks above)
  • • Ledger (ALL networks above)
  • • Trust Wallet (ALL networks above)
  • • Phantom (Solana)
  • • Exodus (Multi-chain)

Export TO these wallets: #

  • • Same list – any wallet supporting BIP39/BIP44

Importing External Wallets #

When importing a wallet from another application into XColdPro:

  • You are not “moving” the wallet. Importing creates an additional access point, not a migration.
  • The wallet remains active on the original application (e.g., MetaMask) unless explicitly deleted.
  • As long as the wallet exists in another application, it remains exposed to that application’s vulnerabilities.

⚠️ Important Warning:

If the intent is to place assets into true cold storage, simply importing is not sufficient.

  • After confirming successful import and access within XColdPro, the wallet must be deleted from the original application.
  • Failing to do so means your wallet continues to exist in a “hot” environment, accessible via the internet, defeating the purpose of cold storage.

Exporting XColdPro Wallets #

Wallets generated within XColdPro are natively Air-Gapped and have never touched the internet.

  • Exporting these wallets into a hot environment (e.g., MetaMask or web wallets) introduces risk by exposing private keys/seed phrases to online systems.
  • Once exposed, the wallet can no longer be considered 100% cold storage.

Best Practice:

Only export wallets when absolutely necessary for specific network access or decentralized applications. Always consider the trade-off between convenience and long-term security.

⚠️ Critical Security Warning

Importing a wallet does not move it to cold storage.

It only creates an additional access point.

  • For true cold storage, the wallet must be deleted from all online applications after importing into XColdPro.
  • If you import your XColdPro-generated Seed Phrase into a Hot Wallet, you are permanently exposing it to online risks.
  • Seed Phrase = ultimate key. Whoever has it, has your assets.

Remember: Cold storage is only achieved when your wallet exists exclusively inside XColdPro and remains disconnected from internet-based applications.

MultiChain SupportGas Fees
Table of Contents
  • Wallet Creation
    • 1. Generate a New Wallet
    • 2. Backup Recovery Phrase
    • 3. Verify Recovery Phrase
  • Receiving Cryptocurrency
    • 1. Select Network
    • 2. Generate Address
    • 3. Supported Networks
  • Sending Cryptocurrency (Offline Signing)
    • 1. Prepare Transaction
    • 2. Visual Verification
    • 3. Sign Transaction
    • 4. Broadcast (Online Device)
  • Custom Token Addition
    • 1. Add Token
    • 2. Verify Token
  • Import / Export
    • What This Means for Users
      • Import FROM these wallets:
      • Export TO these wallets:
    • Importing External Wallets
    • Exporting XColdPro Wallets

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