Wallet tutorial
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A wallet is necessary to access cryptocurrencies.
If you don’t have one, check out this tutorial to use either (or) KardiaChain’s wallet or MetaMask.
Remember that since KardiaChain and Binance Smart Chain are different blockchains, you cannot directly send tokens from one to the other. So the choice between wallets depends on which token you want to use to operate on Kephi Gallery.
- You cannot store KardiaChain tokens in Metamask, or BNB on KardiaChain wallet.
- To store KAI or KPHI (tokens based on KardiaChain blockchain), you need a KardiaChain wallet.
- To store BNB (tokens based on Binance Smart Chain blockchain), you need MetaMask or Trust Wallet (from Wallet Connect).
- You can, however, convert KAI or KPHI into BNB using a Bridge.
Content of this tutorial
What is a wallet?
A wallet is necessary to access cryptocurrencies. A wallet does not store the actual amount of cryptocurrencies a user owns, but holds private keys and therefore allows users to access their holdings more conveniently. It is not a physical wallet.
Instead, a wallet is more like a storage vault for your addresses, including your public and private keys. Furthermore, this vault is needed to gain access to your public address on the blockchain which actually contains your cryptocurrency holdings (Bitcoin, Ethereum, Kai, Kephi, etc.).
A single wallet can hold multiple private keys. You can create as many wallets as you want. In fact, most people who own cryptocurrencies use several wallets in order to ensure maximum security in storing their cryptocurrencies.
How does a wallet work?
Don’t imagine the inner workings of a cryptocurrency wallet like the leather wallet in your back pocket. Instead, imagine a safety deposit box or a vault. To access your assets and to withdraw them, you need a dedicated key or, in other words, a password.
Losing the keys to your wallet is something you should avoid at all cost. If you lose your keys, you are no longer able to access your own storage box. If your keys are stolen, someone else will have access to your funds. For this reason be very careful and take the necessary safety measures when you handle your wallet and your keys.
Never, EVER, give your private keys or your recovery words (12 words) to someone else. EVER.
There are many types of wallets, but we will teach you how to get a software wallet to start using Kephi Gallery.
A software wallet offers high usability and good security while storing your funds on your computer desktop or mobile device. You have immediate access to your crypto and complete control over your private keys. This solution creates a single wallet file, where private keys are stored. For added security, this file is also encrypted, which means that a customized passphrase can be used to access it.
Remember: You cannot store KardiaChain tokens in Metamask, or BNB on KardiaChain wallet
- To store KAI or KPHI (tokens based on KardiaChain blockchain), you need a KardiaChain wallet.
- To store BNB (tokens based on Binance Smart Chain blockchain), you need Metamask or Trust Wallet (from Wallet Connect)
- You can, however, convert KAI or KPHI into BNB using a Bridge.
Get a KardiaChain Wallet (to store KAI or KPHI)
On a browser — Installing KardiaChain Wallet
KardiaChain Metamask wallet is currently available to Chrome, Edge, Firefox and Opera browser. Depending on the browser will be used, navigate to the extension store to download and install the KardiaChain Wallet. This user guide will focus on Chrome extension, the process will be the same for other browser.
Navigate here to install the KardiaChain Wallet.
- Click on the KardiaChain Wallet.
- Choose Add to Chrome button to add the extension into Chrome browser.
- Click Ad extension on the pop window.
- Kardiachain Wallet extension is now available on the Chrome browser.
- Click on the Extension logo and pin the KardiaChain Wallet extension to the bar for easy access.
On a browser — Setting Up New KardiaChain Wallet
The first time use of the extension, users have to click on Accept to access before using the KardiaChain Wallet extension.
- Create the Password to encrypt the seed phrase (min 8 characters). This password is required every time use the Wallet.
- Confirm the Password.
- Click on Create button to create a new Wallet.
- On the Vault created window:
- Copy the 12 words seed phrase on the box and safeguard this information. This seed phrase is used to recover the wallet, and you should never loose it AND NEVER GIVE IT TO SOMEONE ELSE.
- If the seed phrase is already noted and stored in a safe place, choose “I’ve copied it somewhere safe”. This will log into the wallet.
- If the seed phrase is not already noted, choose “Save Seed Words As File”. A copied of seed phrase file will be download to the computer. Choose “I’ve copied it somewhere safe” to log into the wallet.
On a browser — Accessing an existing KardiaChain Wallet
On the login screen, choose Restore from seed phrase. From the Restore Vault window:
- Wallet Seed: enter the 12 words seed phrase.
- New Password: enter the password. This password is used to log into the wallet.
- Confirm Password: re-enter the password.
- Click “ok ”to log into the wallet.
On your phone — Installing KardiaChain Wallet
KardiaChain wallet can be searched and downloaded depending on the mobile device OS:
- For IOS device: use App store
- For Android device: use Google Play
Once finishing with downloading and installing the App, users can use the app immediately.
KardiaChain wallet has built in security which required users to authenticate by using their pin-code, faceID, or fingerprint before login to the Wallet.
Also if the wallet is not in use or idle, it will log the users out and require user to re-enter their credential to login again. There are some of the features that will benefits the users like staking from the wallet or buy cryptocurrency.
When buying KAI, there will be an automatic redirect link to the exchange so that users can buy KAI.
The mobile wallet is more convenient for everyone to use especially the beginners to cryptocurrency world. As a good practice, always use the highest security for the mobile devices to safeguard the mobile wallet inside the devices.
On your phone — Setting Up New KardiaChain Wallet
After downloading the KardiaChain Mobile App Wallet to your mobile device.
- Click on the KardiaChain Wallet icon and choose Create New Wallet
- Write down the Mnemonic Phrase that appears on the screen (This will help to recover or access to the wallet on different mobile device). Copy the 12 words seed phrase on the box and safeguard this information. This seed phrase is used to recover the wallet, and you should never loose it AND NEVER GIVE IT TO SOMEONE ELSE.
- Click Understood. Access my wallet now.
- Set new PIN (this pin requires to login to the wallet after signing out and also help to secure your wallet). Enter the PIN again to confirm.
Now the wallet home will appear on the mobile device.
On your phone — Accessing an existing KardiaChain Wallet
After download the KardiaChain Mobile App Wallet to your mobile device:
- Click on the KardiaChain Wallet icon and choose Access My Wallet
- Import by Private Key: Scan QR code, or Enter manually
- Import by Seed Phrase (Mnemonic Phrase): enter the 12 words when creating the wallet.
- Create a PIN and access the wallet.
Get a MetaMask Wallet (to store BNB)
On a browser — Installing MetaMask
To create a new wallet you have to install the extension first. Depending on your browser, there are different marketplaces to find it: Chrome, Firefox, and Opera.
In this tutorial, I will be using Google Chrome as an example but the same steps apply to different browsers as well.
- Install MetaMask as a Google Chrome extension
- Click Add to Chrome.
- Click Add Extension.
On a browser — Create a MetaMask wallet
- Click on the extension icon in the upper right corner to open MetaMask.
- You will be prompted to create a new password. Click Create.
- Proceed by clicking Next and accept the Terms of Use.
- Click Reveal Secret Words. Copy the 12 words seed phrase on the box and safeguard this information. This seed phrase is used to recover the wallet, and you should never loose it AND NEVER GIVE IT TO SOMEONE ELSE.
- Verify your secret phrase by selecting the previously generated phrase in order. Click Confirm.
And you are done!
