BinanceDEX ‘How to Create New Wallet’

SPIN Protocol
SPIN Protocol
Published in
2 min readJul 17, 2019
  1. navigate to the Binance DEX (https://www.binance.org/en)

click on “Create Wallet” in the upper right-hand corner of your screen.

2. In order to create a keystore file, you will need to assign a password that will be used to access the file. When logging into the Binance DEX, this password will also function as your session password.
Once you have entered your password, click “Download Keystore File”.

In the next step, your mnemonic phrase will be generated. Make sure no one is able to see your screen during this phase.

3. Once you’ve proceeded to the next step, you will see your mnemonic phrase and you will be able to view your private key by clicking on “View my Private Key >>” after you have finished writing down your mnemonic phrase.

4. Fill in the answers.

5. The recommended methods of accessing your wallet are with a keystore file or a supported hardware device.

Storage tips for the mnemonic phrase and private key:

  1. Do not store on an electronic device (computer, phone, etc.).
  2. Do not print them out. Printers have a memory of what they print.
  3. Hand-write them on paper.
  4. Do not put your private key or mnemonic phrase in your wallet.
  5. Store them in a fireproof and waterproof safe/lockbox.

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SPIN Protocol
SPIN Protocol

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