Beginner

Setting Up a Web3 Wallet Safely

🕐 6 min read · Updated 2026-10-09 · Not financial advice

A Web3 wallet is your key to everything on this site, so set it up right.

  • Pick a wallet. MetaMask (browser + mobile) or Phantom (Solana) are the standard starting points. Download only from the official site — fake wallet extensions are the #1 way people get drained.
  • Create the wallet and write the seed phrase down. 12 or 24 words, on paper, offline. Never screenshot it, never paste it in a chat, never type it into a website. Anyone who has those words owns your funds.
  • Understand hot vs cold. A browser wallet is a hot wallet: fine for small amounts and airdrop farming, not for savings. Move meaningful holdings to a hardware wallet (Ledger, Trezor).
  • Practice the flow. Send a small amount of ETH/SOL to yourself first, try a tiny swap, then scale up.

Rule of thumb: a seed phrase is asked for exactly once, by the wallet app itself. Everywhere else, it is a scam.

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