How to Create a New Wallet?

Creating a new digital wallet is an essential process for securely managing your digital assets. In this guide, we'll walk you through the steps to set up a new wallet using the Kalp Wallet interface. Follow these instructions to create a new wallet and start managing your assets.

Step 1: Start the Wallet Setup

• Launch the Kalp Wallet App: Upon opening the app, you'll be greeted with the "Wallet Setup" screen.

• Options Available: You can either create a new wallet or import an existing one. Since we're focusing on creating a new wallet, tap on the "Create A New Wallet" button.

• Click on “Create A New Wallet” Option.

Step 2: Create a Password

• Password Setup: On the next screen, you'll be prompted to create a password that will unlock your wallet on your device.

• Password Criteria: The app requires you to create a strong password that meets specific criteria, including lowercase and uppercase letters, a special character, a digit, and a length between 8-20 characters.

• Biometric Unlock: There's an option to enable biometric unlock (such as fingerprint or face recognition) for easier access to your wallet. Toggle the switch to enable this feature if you prefer.

• Finalize Password: Once you've entered and confirmed your password, tap on "Create Password" to proceed.

Step 3: Verify Your Password

• Password Confirmation: If your password meets all the necessary criteria, you’ll proceed to the next step. If there's an issue, such as mismatched passwords, you'll be prompted to correct it.

Unlock with biometric will only appear if the device supports biometrics.

Step 4: Seed Phrase Introduction

• Seed Phrase Explanation: The app will now introduce you to the concept of a seed phrase. This phrase is critical for recovering your wallet if you ever lose access to your device.

• Proceed to Seed Phrase: Tap "Continue" to move to the next screen where your seed phrase will be displayed.

Step 5: Write Down Your Seed Phrase

• Reveal and Note Down: On this screen, you’ll see your seed phrase. Tap on the area that says "Tap to reveal your seed phrase."

• Security Reminder: Write down the seed phrase on a piece of paper and keep it in a safe place. Do not share it with anyone or store it digitally to avoid security risks.

• Confirmation: After you've written down the seed phrase, tap "I have saved it" to continue.

Step 6: Confirm Your Seed Phrase

• Seed Phrase Verification: The app will now ask you to confirm your seed phrase by entering specific words from the sequence in the correct order.

• Complete Verification: Select the correct words as prompted to confirm your seed phrase.

Step 7: Wallet Created

• Wallet Dashboard: Once your seed phrase is confirmed, your wallet is successfully created. You’ll be taken to the main wallet dashboard where you can view your balance, manage transactions, and explore other wallet features.

• Test Net Mode: The wallet is initially set to Test Net mode for practice transactions. You can switch to the main network when you're ready.

Conclusion

Setting up your Kalp Wallet is a straightforward process, but it's crucial to follow each step carefully, especially when handling your seed phrase. Your seed phrase is the key to your wallet's security, so keep it safe. With your new wallet set up, you can now securely manage your digital assets with confidence.

If you need to access or restore your wallet in the future, you'll use the seed phrase, so ensure it's stored securely. Enjoy your new wallet and explore the features offered by Kalp Wallet!