Why Use Abraxas Wallet?
Abraxas Wallet provides secure storage for your cryptocurrencies with advanced encryption and backup options. Using a dedicated wallet ensures your private keys are safe from online threats while giving you full control over your digital assets.
Step 1: Download & Install Abraxas Wallet
Visit the official Abraxas Wallet website and download the wallet for your operating system (Windows, Mac, Linux, or mobile). Only download from the official site to avoid phishing attacks.
Step 2: Create a New Wallet
Launch the wallet and choose Create New Wallet. Follow the instructions to generate a secure seed phrase (backup phrase).
Important: Write down your seed phrase offline and never share it. This phrase is the only way to recover your wallet.
Step 3: Set a Strong Password
Choose a unique, strong password to encrypt your wallet locally. This password protects your wallet from unauthorized access even if someone has access to your device.
Step 4: Add Cryptocurrency Accounts
Inside the wallet, add accounts for the cryptocurrencies you plan to store or trade. Each account has its own unique address for sending and receiving funds.
Step 5: Security Best Practices
- Always keep your seed phrase offline.
- Enable any multi-factor authentication options if available.
- Regularly back up your wallet.
- Keep your device and wallet software updated.
- Verify all addresses before sending cryptocurrency.
Step 6: Sending and Receiving Funds
To receive funds, share your public wallet address with the sender. To send funds, enter the recipient address and amount carefully. Double-check the address to prevent permanent loss.
Frequently Asked Questions
What is a seed phrase?
A seed phrase is a list of words generated by your wallet to recover your account. Store it offline securely.
Can I use Abraxas Wallet on mobile?
Yes, Abraxas Wallet supports mobile versions for both Android and iOS.
How do I recover my wallet if I lose my device?
Use your seed phrase on a new device to recover your wallet completely.
Is Abraxas Wallet safe?
Yes, it is encrypted and provides advanced security features, but you must follow best practices like keeping your seed phrase secure.