First and foremost, Cobo would like to congratulate Internet of Services Token (IOST) for its successful mainnet launch on 25th Feb! Cobo is proud to be the official partner for IOST and the first few wallets to supports IOST mainnet.
IOST uses a Proof-of-Believability consensus algorithm that enables next-gen transaction throughput speeds. It uses a faster grade Byzantine Fault Tolerance mechanism, micro-state blocks, Atomic Commit protocol and a dynamic sharding protocol (Efficient Distributed Sharding) to safeguard its transactions.
Back to the main topic, How do you send and receive IOST in Cobo Wallet?
Step 1: Ensure that you have added IOST into your Cloud Wallet / HD Wallet.
Step 2: Go back to the Cloud Wallet page. Tap on IOST and then "Receive"
NOTE: Before transacting, please ensure that the Tag is included! If not, your IOST might not be recovered.
Follow the steps above and tap on "Send" instead!
Once you have deposited IOST, do remember to grow your IOST with BitGrow and claim your CC!