Setting Up Your Wallet - Step 1
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Setting Up Your Wallet - Step 1

Setting Up Your New Bank Account!

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Setting Up Your Wallet In 5 Easy Steps

Your Wallet: A Bank Account On Steroids

A crypto wallet frees your money by removing all borders and walls of real world financial institutions. Send instantly, receive instantly, be your own bank.

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Your MetaMask wallet can:

  • Send crypto
  • Receive crypto
  • Swap from one crypto to another (ex: Ethereum to AAVE)
  • Interact with D. Apps (i.e Compound, AAVE, Rarible...)

Q: What is a wallet?

A: Your new bank account where you can hold, send, receive and swap between crypto coins & stable coins. Home base for your money.

Q: Why do I need a wallet?

A: Its your universal log-in! Every DApp you interact with will use your wallet to grant you access. (kind of like the "Log in with Facebook" option)

Q: What does a browser wallet mean?

A: Browser wallets like MetaMask are simply a Chrome (or Firefox) extension that can easily be accessed when browsing the web or crypto web apps.

Q: How secure is MetaMask wallet?

A: As secure as you make it. MetaMask doesn't store any of your data, so its on you to keep your password + seedphrase safe!

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Setting Up Our MetaMask Wallet - (5 Minutes)

Setting Up Our MetaMask Wallet - (text guide)

1. Navigate to MetaMask's website, select your device type and download (I recommend desktop not mobile)

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2. After successfully installed, the extension can be seen in the top right of your browser. Now click the "Get Started" blue button.

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3. Since we haven't made a wallet before, click "Create Wallet" - then create a STRONG and lengthy password!

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Make sure you write this down somewhere on paper also, keep it safe, write multiple copies of it, hide each one.

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5. Your SEEDPHRASE is a group of words in a specific order that is unique. You will enter this seed-phrase after entering your password when accessing your wallet.

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Save the file, back it up somewhere safe, write the seedphrase down on paper (few copies), and keep them safe as well! ORDER MATTERS!

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Click on the words in the correct order to access your wallet.

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...You now have access to the decentralized universe. A universe where you can set up a 10% interest account without signing one paper, and much much more...

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Made with 💜 - by @thekriskay - share with a friend to help DeFi grow.

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