Wallet setup
Last updated
Last updated
In the realm of DeFi (Decentralised Finance), you retain absolute ownership of your cryptocurrency. Your funds are housed in a wallet under your control and management. Prior to any actions, adhering to these safety practices is imperative:
Never share your recovery phrases with anyone.
Avoid entering your recovery phrase into any website or application, except for your wallet app, specifically when importing your wallet onto a new device.
Exercise caution regarding counterfeit websites, giveaways, or any other potentially malicious activities.
Download and install only the latest wallet version from official sources.
Safely back up your recovery phrases, preferably somewhere offline.
MetaMask stands as a widely embraced browser-based wallet extension. It inherently supports Ethereum, and additional Ethereum-compatible blockchains, including BNB Chain, Avalanche, and Polygon, can be manually incorporated. MetaMask seamlessly integrates with hardware wallets such as Ledger and Trezor, ensuring versatile compatibility.
Trust Wallet, a well-liked mobile wallet, offers user-friendly features with preconfigured settings for various blockchain networks. Equipped with a built-in DApp Browser, Trust Wallet falls slightly short of the configurability provided by MetaMask.
