Ethereum Wallet: Setup Your Wallet Now
Ethereum is a popular blockchain exchange and cryptocurrency that can be used to trade virtually. You can buy, sell, convert, and swap ETH with the help of this exchange. Since 2015, the popularity and trust of this platform have been increased so far. People can easily buy ETH tokens and store these tokens in Ethereum wallets. There are several dedicated ETH wallets and you can choose one of them according to your interest and need. To find an Ethereum wallet, you need to visit the Ethereum official site. On this site, you are asked to tick the boxes to sort the best crypto wallets based on your interest.
The popular Ethereum crypto wallets are such as MetaMask, Ledger, Trezor, Rainbow, Coinbase, ZenGo, and MyEtherWallet. These wallets can be differentiated based on device suitability, hardware wallets, and software wallets. You need to choose one of these crypto wallets and install them on your mobile or computer. The setup process of these wallets is almost the same. So that we are going to discuss the setup process of one of these crypto wallets and that is Rainbow wallet.
Way to get Ethereum Wallet on your device
Ethereum wallets can be found easily by visiting the Ethereum.org site. To get a suitable Ethereum wallet on your mobile/computer, follow the steps that are given below:
Using a browser, navigate to the Ehereum.org webpage
Get to the ‘Find wallet’ button and click on it
Now, tick the boxes to get the best crypto wallet
Choose a crypto wallet according to your need
Click the ‘Go’ button to proceed
Now, you will be directed to the wallet official site
Here you need to find and click on the ‘Download’ button
Choose the device compatibility and click on the setup file
Wait for a while and let the browser do its job
After downloading the setup file, follow the path to install the wallet
Note: People who want to get the Ethereum wallet on their mobile can visit the App or Play Store. After visiting the application store, follow the path to install the wallet app on your Android/iOS device.
Way to setup Ethereum Wallet
People who have installed the wallet on their mobile or computer need to approach the path to set up the wallet on their device. The quickest steps that will let you set up the wallet are given below:
Launch the wallet app on your Android/iOS device
Or open the desktop application on your device
Get to the ‘Setup Wallet’ button and click on it
Now, choose a password for your wallet and then repeat it in the next field
Find the secret recovery phrase details from this page
Note down the 12-words recovery phrase details
Now, you need to validate this phrase on the next page
Then, find and click on the ‘Create’ button
Finally, you have completed the steps to setup Ethereum Wallet
Way to access the Ethereum wallet
In case you have set the biometric password in your wallet and you are logged out then you need to follow the step that is given below to login into your wallet account.
Open the wallet app on your device mobile/computer
Visit the Ethereum wallet login page
When asked, feed the password details
Make sure to use the correct password
Find and click on the ‘Access wallet’ button
Finally, you have accessed the Ethereum wallet with a password
How to recover the Ethereum Wallet?
In case you have locked out of your wallet and lost the password details then you need to follow the steps that are given below to recover the wallet on your device:
Open the Ethereum wallet on your mobile or computer
Choose the ‘Recover’ option from this page
Now, you need to fill in the seed phrase details of your wallet
Then, choose a new password and then re-enter it in the confirmation field
Find and click the ‘Import’ button to finish the process
Finally, you have recovered the Ethereum wallet successfully
People who have lost the seed phrase details can recover it by using the vault decryptor. If you are not sure about this process then you need to speak about it with the Ethereum wallet
To sum up, Ethereum tokens can be mated with the help of a suitable crypto wallet. You can easily get the best Ethereum wallet by visiting its official site. Once after choose a wallet, you can setup it on your mobile or computer. While setting up a new wallet, make sure to find and note the recovery phrase carefully. Also, make sure to memorize the password details otherwise you may face issues in accessing your wallet. To start using the Ethereum wallet, we have mentioned the complete setup process above on this page. We are confident that this post will help you to set up your Ethereum wallet successfully.