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How to set up Coldlar cold wallet

Hannah Marie Garcia
Release: 2024-09-27 10:29:31
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How to set up Coldlar cold wallet

How to set up Coldlar cold wallet

Step 1: Get the wallet

  • Visit the official Coldlar website and download the Coldlar app for your device.
  • After installing the app, open it and create an account.

Step 2: Create a mnemonic

  • Coldlar will generate a 12-word mnemonic.
  • Write down your mnemonic phrase carefully and keep it in a safe place. Never store it on a digital device.

Step Three: Activate Wallet

  • Enter the mnemonic phrase in the Coldlar app to activate the wallet.
  • Set a strong password to protect your funds.

Step Four: Add Assets

  • In the Coldlar application, select the Assets tab.
  • Search for the asset you want to store and select "Add".
  • Enter the receiving address and send funds.

Step 5: Manage Assets

  • Coldlar allows you to view your asset balance, transaction history and receiving address.
  • You can also send and receive assets using the app.

Tip:

  • It is important to keep your mnemonic phrase safe. If you lose or leak your mnemonic phrase, you will lose access to your cold wallet.
  • Check the app regularly for updates to keep your wallet safe and secure.
  • Only send funds to addresses you confirm you trust.

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