The tokenized funds offered by Invictus Capital govern blockchain assets which are ERC20-compatible. In other words, they are Ethereum tokens. We recommend storing tokens at a personal and secure Ethereum wallet which only you have access to. Storing tokens on a third-party exchange over extended periods is not recommended.
Storing your ERC20 Ethereum tokens with your Invictus Wallet
Invictus Capital offers a wallet on our platform for verified users for the sake of convenience. Users can use this wallet to invest, redeem, and store their Invictus tokens. For more information please see this article, and information on creating your wallet can be found here.
It is still possible to store your tokens yourself at your own personal wallet, such as a hardware wallet.
Storing your ERC20 Ethereum tokens with a hardware wallet
The most secure method of storing your digital assets is with a hardware wallet. These devices serve as an encrypted 'wallet' which you can secure physically, and which do not generally expose your private keys to online networks. They commonly require the user to physically confirm transactions on the device itself before it is broadcast.
The most popular hardware wallets have been developed by the French company Ledger SAS, and the Czech-based company SatoshiLabs who developed the Trezor. There are other hardware wallets available as well, it is important to do your own research here.
It is also essential to follow the instructions when setting up your wallet, and to back-up your sensitive information so that you do not lose access to the device itself as there will be otherwise no way of recovering this.
You can interact with ERC20 Ethereum tokens with these wallets:
- Please see this guide for accessing Ethereum tokens on the Ledger
- Please see this guide for accessing Ethereum tokens on the Trezor
Storing your tokens with the browser-based MetaMask
MetaMask allows you to run Ethereum dApps (decentralized applications) in your browser. We highly recommend using a Chromium browser, along with the MetaMask extension. Many sites are integrating with MetaMask to facilitate interactions within the Ethereum network. It is a popular choice as it is relatively secure if operated with prudence, it is quick and simple to set-up, and the dApps that we use to facilitate smart contract functions for our funds are best interacted with via MetaMask. Thеre are instructional videos for using MetaMask on their website.
Creating a wallet with MyEtherWallet or MyCrypto
Another very useful method for creating an Ethereum wallet, is through MyEtherWallet (MEW) or MyCrypto (MC). You can either work with it online, or download it and run it locally on your computer. It will work and look the same either way.
You can get started at myetherwallet.com or mycrypto.com. These websites provide an interface to create a wallet (public-private key pair) as well as interact with the Ethereum blockchain more generally.
Make sure you see the correct website in the URL bar before you access your wallet, or even better, type out the website address yourself. Do not click any links sent to you to access MEW or MC by random people as they are frequent targets of phishing attempts. You can verify that you are at the correct website by checking the SSL certificate in the URL bar.
MEW and MC are relatively user-friendly ways of creating a wallet, and instructions are provided on their websites. It is secure if used prudently and we would recommend researching this option in more detail beforehand.