Crypto Wallet Guide: How to open one and how to use it

3 min readJul 18, 2022

In the last texts we have talked in a simple way about Blockchain, Compete2Earn and NFTs. Now it is the turn of an important topic and that is usually a rather complex obstacle to start in the crypto world as it is to create a crypto wallet.

First things first, a crypto wallet is a software or system that allows you to keep your private keys and passwords safe and accessible to access cryptocurrencies such as Ethereum or Bitcoin.

The crypto wallet bears some resemblance to the traditional wallet, but an important difference is that your cryptocurrencies are not stored there, as is the case with the wallets we all have to store money.

Your cryptocurrencies are stored in the blockchain, but it is through private keys that you can access them. That is what the crypto wallet is for.

The most widely used crypto wallet is MetaMask. More than 30 million users attest to its reliability. In this case, it works in two ways: as a web extension and as a mobile application.

Here we show you a simple tutorial to activate MetaMask, which we recommend to start in this world for its usefulness and reliability.

MetaMask Tutorial

Go to metamask.io and install the app or browser extension. Always verify that you write correctly the website.

2. Click on “Install MetaMask for Chrome”

3. Add Chrome and allow: The browser will take you to Google Chrome’s web sorte; to add the extension, click on “Add to Chrome” and then to “Allow”.

4. Create a new wallet: Now, two options will appear. If you already had a wallet, you are able to import it. If not, you have to choose the option ‘Create a Wallet with a secret phrase’.

5. Create a Password: It’s important that you choose a secure password to protect your information and assets.

6. Secret Recovery Phrase: You’ll be given this code. It’s VERY IMPORTANT that you store it in the safest place possible and don’t share it with anyone. You’ll need it to have access to your wallet if your device crashes or your browser resets, and there is no way to recover it. Once your Recovery Phrase is stored safely, you can go to “Next”.