YavarTechWorks
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YavarTechWorks

Web3.0 — #4 Crypto Wallets

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  1. What is a Crypto wallet and its types
  2. How do you use a Crypto wallet
  3. Setup your own wallet

1. What is a Crypto wallet

Types of Crypto wallet

2. How do you use a Crypto wallet

  • Paper wallets
  • Hardware wallets
  • Online wallets

Paper wallets

Hardware wallets

Online wallets

3. Setup your own wallet

  • Download the Coinbase Wallet Chrome extension. You can find the link here.
  • Upon downloading the extension, a new tab should open where you’ll be guided through the wallet creation process. Be sure to select Create a new wallet and then follow the prompts.
  • You should write down your recovery phrase and keep it safe as best practice, but if you lose this wallet, nothing will happen because this is strictly a development wallet.
  • Once you’ve created your wallet, click on the puzzle piece icon at the top right of your Chrome browser search bar. Pin the extension to your toolbar by clicking on the pin icon.
Coinbase wallet extension
  • After you pin the extension, click on the vertical three-dot icon and then click “Manage Extension”.
Coinbase Manage extension
wallet extension
  • Click on the Coinbase Wallet extension icon to interact with your wallet. Click the Settings icon and then click on “Default network”.
  • Scroll down the list of networks until you see the option to Enable testnets. Toggle Enable testnets to be ON.
Test nets
  • Enabling testnets should have expanded the list of networks. Scroll down the list of Testnets to find Polygon Mumbai. Select Polygon Mumbai as your default network.

Congratulations!!!

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Nidhin kumar

As a species, we have an inbuilt need to connect with others to communicate and share.