Wallet Setup Guide
Introduction
This text will teach you to install and set up MetaMask, an Ethereum wallet which allows you to buy StripCoin tokens. We'll call StripCoin tokens simply "STRIP" from here on.
When you set up an Ethereum wallet, you will get a wallet address. Wallet addresses look something like this: 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B. The address you see above is famous for belonging to Ethereum's inventor. All Ethereum addresses start with "0x", and then are followed by a unique string of numbers and letters.
When setting up an Ethereum wallet, you will also get a secret "seed phrase". This is your secret password that ultimately controls your wallet. Different wallet softwares might call the seed phrase by different names, other names include: "recovery phrase", "private key phrase", "secret pass phrase", "mnemonic seed", etc... Likely they all mean the same thing. Usually the passphrase consist of 12 or 24 random words. An example seed phrase might look like something like this: timber improve tomato guide bottom lyrics grow retire slam key bonzai. The wallet software will automatically generate the seed phrase for you.
WARNING: Be very careful with your seed phrase! Take note of following precautions: 1) Make a backup, and store it in a safe location, such as in a trusted bank locker box. 2) Never share your seed phrase with anyone! A common scam is where a scammer pretends to be an official tech support personnel, and then tricks you into revealing your seed phrase. There is never a legit case for anyone to ask for your seed phrase! Anyone who asks is 100% certainly a scammer.
If you fail to secure your seed phrase, you will lose access to your funds irrevocably.
Ok, now that the warnings have been dealt with, lets get started on setting up your wallet!
There are multiple different wallet softwares that you can use to create and control your wallet. We will be covering two recommended wallet softwares, namely "MetaMask Desktop Browser Extension" and "MetaMask Mobile Browser".
Setting up MetaMask wallet
Follow the steps below. If at any point you are feeling uncertain, take a moment to study the documentation.
WARNING: only use official links for downloading MetaMask! This is the official web address for MetaMask: https://metamask.io/ Please visit the address above, and click on "DOWNLOAD".
First step will be to download and install MetaMask.
Select either iOS, Android, or the desktop browser you'll be using.
Download and install by following the instructions on the MetaMask website.
After succesfully installing, start the MetaMask application. The mobile and desktop versions work differently. Depending on which you chose to install, select one of the steps below:
A) Mobile: If you selected mobile version of MetaMask, it will be an app on your phone. Open it. B) Desktop: If you selected desktop version of MetaMask, it will be an extension/addon on your desktop web browser. You will find it next to your web browser's address bar. Open it.
When opening MetaMask for the first time, you have two choices: "Import a Seed Phrase" or "Create a Wallet". Select "Create a Wallet".
Follow the instructions by MetaMask. Be extra careful when making a backup of the seed phrase generated for you.
After you have created your wallet, you can see your Ethereum wallet address and the contents of your Wallet when opening MetaMask. Your wallet should be empty at this point.
Congratulations! You should now be prepared with your wallet.
NOTE: Before you can buy STRIP, you will need to add a Ether ("ETH") into your Ethereum wallet. Study our ETH Buying Guide to learn how you can buy ETH, by clicking here:
pageETH Buying GuideIf you have any questions or concerns, please review the documentation.
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