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Getting Started with The Flip App

This guide is designed to help you navigate The Flip App with ease, while also offering insights into the broader crypto space.

Published by Christian
Thursday 07 December 2023 14:42

Welcome to The Flip App community! If you’re reading this, you’ve already taken the first step into the world of easy and secure crypto transactions by downloading our app. This guide is designed to help you navigate The Flip App with ease, while also offering insights into the broader crypto space.

 

Understanding the Basics: What Makes The Flip App Unique

The Flip App is more than a crypto wallet; it’s a tool designed for simplicity. Our goal is to make sending and receiving digital assets as easy as sending a text message. We’ve harnessed blockchain technology, combining it with user-friendly features, ensuring that anyone can confidently engage in crypto transactions.

Now, with FlipID, we’ve made it even easier to transact securely and privately. When registering using a FlipID, a randomly generated number that acts as your unique identifier,  allowing you to receive funds without sharing your phone number. This feature is perfect for those who value privacy while enjoying the same seamless transaction experience.

 

Your Keys, Your Control: A Crucial Reminder

As you start using The Flip App, you’ll receive a unique 12-word phrase: your private key. This key is the lifeline to your funds. If you lose this key, there is no way to access your funds again – it’s as critical as that. This is different from traditional banking apps where you can recover an account. We urge you to securely back up your 12-word phrase as soon as you receive it.

If you’ve registered using FlipID, there are additional steps to secure your account:

  • Safely store your unique FlipID. This number is your identifier for receiving funds.
  • Back up your FlipID password. It’s essential for accessing your account.

Together, your 12-word phrase, in addition to FlipID, and FlipID password for those who have registered using FlipID, form the backbone of your security. Losing any of these could result in losing access to your funds. Take a moment to back them up securely!

Adding Funds to Your Wallet

To add cryptocurrencies to your wallet, you can use the “Load” button on the home page.  You can transfer funds from other wallets or exchanges directly to your Flip App wallet. Remember to use the right block chain address, meaning if you want to transfer DOGE, you must use the DOGE address. You will always find an overview over your blockchain addresses under settings. If you don’t already own cryptocurrency, you can easily purchase it using your credit card through our integrated third-party service. Availability may vary depending on local regulations.

Making Your First Flip

Hit the pink FLIP button and enter the recipient’s phone number or choose the “address” option if you’re comfortable using blockchain addresses. This flexibility caters to both beginners and those familiar with blockchain transactions.

Cashing Out Made Simple

Need to convert your crypto back to local currency, or “fiat” as it is often referred to in the crypto space ? The “Sell” button on the home page is your go-to option. It links you to a service that transfers the funds to your bank account. Alternatively, you can send your crypto to other wallets or exchanges by using their provided blockchain addresses.

Share the app and get rewards

The Flip App is more fun with friends! Share your unique referral link (found under settings and referrals) to invite friends to join The Flip App. You’ll be settling real life transactions before you know it!

Further Learning and Support

Want to dive deeper into the crypto world? Check out our FAQ for more guides. Want to get in touch with us and the community join our Telegram Group and follow us on X.com.  We are committed to making your crypto journey smooth and rewarding.

Welcome aboard, and happy flipping!

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