Create a Wallet

When you're setting up a wallet, be sure to:

  • āœ… Download and install only the latest version from an official source.

  • āœ… Follow the setup guide carefully.

  • āœ… Safely back up your recovery phrases.

  • āŒ NEVER share your recovery phrases with anyone, under any circumstances.

  • āŒ NEVER input your recovery phrase to a website or app, other than your wallet app.

Smartphone/Mobile or Desktop Wallet?

Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.

Mobile

Desktop

Use anywhere

āœ…

āž–

Easy to use

āœ…

āž–

More secure

āž–

āœ…

Accessibility friendly

āž–

āœ…

Damage/loss/theft resistant

āž–

āœ…

Power/connection outage resistant

āœ…

āž–

Smartphone/Mobile wallets

Smartphone/Mobile wallets allow you to access your crypto almost anywhere. Wallets are available on both Android and iOS devices.

Which mobile wallet should I choose?

This comparison table gives an overview of the most popular mobile wallets.

Trust Wallet

MetaMask

SafePal

Binance Smart Chain support

āœ…

āš ļø

āœ…

Built-in DApp browser

āœ… Android

āš ļø iOS

āœ…

āœ…

Hardware wallet compatible

āž–

āœ…

āž–

Open-source

āœ…

āœ…

āž–

Interact with BscScan

(for advanced users!)

āž–

āœ…

āž–

āš ļø Requires some setup šŸ”¶ Only supports SafePal hardware wallet

You can find more in-depth information about each wallet below, as well as download links and installation guides.

Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.

Pros:

  • Open source for auditability

  • Backed by the Binance cryptocurrency exchange

  • Easily switch between several crypto networks

  • Includes networks by default

  • Includes in-wallet staking options

  • Has additional features such as NFT collection, BNB staking, and DApp access within the wallet

Cons:

  • Language tied to phone settings

  • Limited DApps

  • Transaction notifications can be delayed

ā€‹Download Trust Wallet (Automatically detects device)

Trust Wallet Setup Guide

Desktop/Web Browser wallets

Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.

Which desktop wallet should I choose?

This comparison table gives an overview of the most popular desktop wallets.

MetaMask

Binance

Binance Smart Chain support

āš ļø

āœ…

Built-in DApp browser

āž–

āž–

Hardware wallet compatible

āœ…

āœ…

Open-source

āœ…

āœ…

Interact with BscScan

(for advanced users!)

āœ…

āž–

āš ļø Requires additional setup

You can find more in-depth information about each wallet below, as well as download links and installation guides.

MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks) with a little work.

ā€‹Pros:

  • Open source for audibility

  • WEB3 capable on BscScan

  • A strong history of security and reliability

  • A large number of how-to guides and resources online

  • Many tools and custom settings

  • Supports a very large number of languages

  • Is also available on mobile devices

Cons:

  • Longer setup time than other options

  • Additional steps needed to use Binance Smart Chain and PancakeSwap

  • Extra information and settings may confuse beginners

ā€‹Download MetaMask (Automatically detects browser)

MetaMask Setup Guide

Last updated