How to use Toknify step by step

This guide shows you exactly how to create or import a wallet, mint and redeem Toknify, and transfer your Toknify tokens to other EVM addresses on BNB Smart Chain.

• You only ever interact with Toknify on BNB Smart Chain.
• All balances and redemptions are enforced by the on-chain smart contract.
• Always back up your private key or seed phrase before sending any funds.

Create or import your Toknify wallet

• 1
  Open the Toknify dApp page (for example /dapp-tok10) in a modern browser (Chrome, Brave, Edge).
• 2
  Choose "Create Wallet" to generate a new EVM wallet inside the dApp, or choose "Import Wallet" to load an existing address using your private key.
• 3
  When creating a new wallet, the dApp will display your private key once. Immediately copy it and store it in a safe, offline location (password manager or written backup).
• 4
  Set a password for local encryption. This password protects the private key stored in your browser. It does not replace your backup – if the browser data is cleared, only your offline backup can recover the funds.

After the wallet is set up, you will see your EVM address (0x...) and your BNB balance used for gas fees.

Mint Toknify by depositing basket assets

• 1
  Send supported basket assets (BTCB, USDT, ETH, WBNB, XRP, DOGE, USDC, SOL, DOT, ADA) to your Toknify wallet address on BNB Smart Chain.
• 2
  In the dApp, open the "Mint & Deposit" section. You will see your balances for the supported tokens and an input to choose how much to deposit.
• 3
  Enter the amount you want to deposit and confirm. The dApp will:

  • Check that your balance is sufficient.
  • Check that you have enough BNB to pay the gas fee.
  • Send the transaction to the Toknify smart contract.
• 4
  When the transaction is confirmed on-chain, the contract mints Toknify to your wallet. Your Toknify balance in the dApp will update automatically after the next refresh.

Redeem Toknify back into the basket

• 1
  Go to the "Redeem" section of the dApp. Your current Toknify balance is displayed.
• 2
  Enter the amount of Toknify you want to redeem. You can choose a partial amount or your full balance.
• 3
  Confirm the redemption. The dApp will send a redeem transaction to the smart contract, burning your Toknify and returning your pro-rata share of each basket asset back to your wallet.
• 4
  Wait for confirmation. Once mined, your wallet will hold more of the underlying tokens and less (or zero) Toknify.

A redemption fee may apply, but it is hard-capped in the smart contract and taken in Toknify, not from your basket assets.

Transfer Toknify to another wallet

• 1
  Open the "Transfer Toknify" toggle in the dApp. You will see:

  • A field to paste or scan the recipient EVM address (0x...).
  • An amount field for how many Toknify to send.
• 2
  Use "Paste" if you copied an address, or use "Scan QR" if you are scanning a QR code that encodes an EVM address.
• 3
  When you press "Send", a confirmation overlay pops up showing:

  • The recipient address, partially masked.
  • The Toknify amount you are about to transfer.

  Carefully verify both before confirming.
• 4
  Confirm the transfer. The dApp checks your Toknify balance and your BNB gas balance, then broadcasts the transfer transaction.

Safety checklist before sending real funds

• Back up your private key or seed phrase in at least two safe locations.
• Test with a very small amount of USDT or USDC before sending large values.
• Verify you are on the official Toknify dApp URL and not a phishing copy.
• Keep a small BNB balance for gas – transactions will fail without gas.
• Log out of the local wallet on shared or public devices after use.

Interact directly with the Toknify contract

Even if the dApp is offline, you can always interact with Toknify via the smart contract on BNB Smart Chain.

• 1
  Open the contract page on BscScan and switch to the "Read Contract" tab to view reserves, totalSupply, and your balance.
• 2
  Connect your Web3 wallet in the "Write Contract" tab and use the mint / redeem functions exposed there if needed.

Quick answers

• Do I need an exchange account?
  No. You only need a BNB Smart Chain wallet with BNB for gas and the supported basket assets to mint Toknify.
• Can I lose money?
  Yes. Crypto prices are volatile. Only use amounts you can afford to lose.
• Is Toknify a bank or ETF?
  No. It is an on-chain index token governed by immutable code and oracles, not a regulated financial product.

This page is for product usage instructions only and does not constitute investment advice or a recommendation.