icon (icx) wallet


what is an icx wallet?

What is ICON (ICX)?

ICON (ICX) is a decentralized platform with an innovative consensus mechanism, enabling different blockchain governances to connect with one another without intermediaries.


ICX aims to operate a world of true hyperconnectivity where the crypto world directly connects and communicates with our real world. Through ICX, previously disconnected industries like healthcare, finance, and education can cooperate seamlessly and in real-time to boost efficiencies, improve customer experiences, intensify transparency and maximize sustainable revenue. The goal is to build a ' living organism’ where faster money remittance and frictionless value exchanges are possible irrespective of economic boundaries.

ICON (ICX) already boasts communities comprised of reputable institutions – banks (Woori Bank and SBI Ripple Asia), insurance (d.Lemon, Kyobo, Won), hospitals (Severance Hospital, Samsung Medical Centre), and universities (Korea University, Sogang University, Sogang University of Science and Technology).

icx wallet

How does ICON (ICX) work?

ICX can be pictured as the United States (“ICON Republic”) where different blockchains operate as states (“communities”). Each community has different compositions and scales of nodes (“C-Nodes), and elected officials (“C-reps”) that govern these communities and receive incentives for its maintenance and activation of ICON Republic.


ICON Republic's governance is regulated by votes of C-Reps, acting as a communication channel between communities. 


C-Reps are connected to Nexus, the loopchain-based blockchain that underpins the ICON Republic. C-Reps are Portals for communities to interact with Nexus and other communities through the ICON Republic. 

What does ICON (ICX) aim to solve?

The main purpose of ICON (ICX) is to act as a bridge between various implementations of the enterprise solution, while also providing the benefits of a general-purpose, smart contract enabled, public blockchain platform.


Through the ICON Republic, previously isolated communities can now share different services and interact with each other. Communities via loopchain protocol can exchange different cryptocurrencies from DEX wallets for various services including finance, insurance, education, healthcare, etc.

What are the best ICON (ICX) Wallets?

Before buying ICX, it’s crucial to find a safe, user-friendly ICX wallet where you can securely manage them. 


If you are new to crypto, you must look out for an ICX wallet that has a very friendly interface. It’s important to choose an ICX wallet that allows you to remain in charge of your private keys at all times. This ensures that you are the only one who can access your funds. 

Best ICX wallets that are highly recommended are HB Wallet, Ledger Nano S, or ICONex Wallet.

ICX Wallet hb wallet

Download HB Wallet

ICX Price Prediction

In October 2017, ICON (ICX) conducted an ICO with a total supply of 800,460,000 ICX. Half of them were sold to the public and circulating. 

ICX is tied to Bitcoin’s price performance just like the rest of the market. Since Bitcoin is likely to embark another bull run in 2020, we can expect some swings and moves upwards by ICX as well. Thus, ICX already did a 4x increase to its 2019 price, 2020 will be a year of potential big moves (more likely upwards) and we can see ICX at least doubling its end of 2019 price value.

Related posts

HB Wallet Logo

HB钱包是2017年7月发布的专用于以太坊(ETH)的加密货币钱包。该应用程序被设计为在四个不同平台上的完整生态系统,以便支持Ethereum Blockchain(以太坊区块链)用户。我们旨在简化技术。这是被大量采用的关键。

  • White Twitter Icon
  • White Facebook Icon
  • member-instagram-telegram-follower-membe
  • White Pinterest Icon
  • Discord
  • icon-social-reddit-512
  • White YouTube Icon
  • White LinkedIn Icon
  • Quora

Copyright © 2020 Bacoor Inc. All rights reserved.

HB Wallet Logo