Create a Wallet
To get started on Dexo, the first thing you'll need is to set up a wallet that supports Binance Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You'll need to choose the wallet that fits your needs best.
When you're setting up a wallet, be sure to:
✅ Download and install only the latest version from an official source.
✅ Follow the setup guide carefully.
✅ Safely back up your recovery phrases.
❌ NEVER share your recovery phrases with anyone, under any circumstances.
❌ NEVER input your recovery phrase to a website or app, other than your wallet app.
Smartphone/Mobile or Desktop wallet?
Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.
Smartphone/Mobile wallets
Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.
Which mobile wallet should I choose?
⚠️ Requires some setup 🔶 Only supports SafePal hardware wallet
Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.
Open source for auditabilit
Backed by the Binance cryptocurrency exchange
Easily switch between several crypto networks
Includes networks by default
Includes in-wallet staking options
Has additional features such as NFT collection, BNB staking, and DApp access within the wallet
Language tied to phone settings
Transaction notifications can be delayed
Download Trust Wallet (Automatically detects device)
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks).
Open source for auditability
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Offers ETH purchases with Transak
Supports a very large number of languages
Is also available a browser plugin for desktop devices
Longer setup time than other options
Additional steps needed to use with Binance Smart Chain and DeFiSwap
Extra information and settings may confuse beginners Download MetaMask. (Automatically detects device) MetaMask Setup Guide
Token Pocket is a cryptocurrency management app that natively supports many cryptocurrency networks. It also has a desktop application available.
Pros:
Open source for auditability
Allows users to easily switch between many crypto networks
Supports many networks by default
A less cramped user experience than browser plugin wallets
Is also available as desktop software devices
Cons:
Only supports Chinese and English languages
Allows users to easily switch between many crypto networks
Has fewer online resources than more established wallets
A less cramped user experience than browser plugin wallets
Is also available as desktop software device Download Token Pocket App (Automatically detects device) Token Pocket Mobile Setup Guide
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (Binance Smart Chain) right away.
Easily switch between several crypto networks
Offers 25% fee discount paying with BNB (requires login)
Has the option for Google Authenticator built in
Supports a large number of languages
Setup process is very simple
Is available as both a software and hardware wallet (work together)
Supports NFTs on both the BSC and ETH networks
Has some features that are not yet ready for use (such as DeFi)
Does not give user notifications
Does not enforce strong security during initial setup and wallet creation
Has fewer online resources than more established wallets Download SafePal (Automatically detects device) SafePal Setup Guide
Desktop/Web Browser wallets
Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.
Which desktop wallet should I choose?
This comparison table gives an overview of the most popular desktop wallets used with DEXO.
⚠️ Requires additional setup
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks) with a little work.
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large number of how-to guides and resources online
Many tools and custom settings
Supports multi-languages
Is also available on mobile devices
Cons:
Longer setup time than other options
Additional steps needed to use with Binance Smart Chain and DeFiSwap
Extra information and settings may confuse beginners Download MetaMask (Automatically detects browser) MetaMask Setup Guide
Binance Wallet is a browser-plugin wallet that natively supports the Binance Chain (BEP2) Binance Smart Chain (BEP20) networks. Binance Wallet was developed by the Binance cryptocurrency exchange.
Open source for auditability
Backed by the Binance cryptocurrency exchange
Can be directly linked to a Binance or Gmail account
A streamlined user experience
Supports Binance Smart Chain by default, making using Dexrium easy
Supports a large number of languages
Hardware wallet compatible
Lacks some custom settings of other wallets
Lack of additional tools makes some actions available in other wallets impossible
Has fewer online resources than more established wallets
Token Pocket is a standalone application available for both Mac OS and Win64 devices. Token Pocket allows you to manage your cryptocurrency in software independent of your browser.
Pros:
Open source for auditability
Independent of your browser and any of its permissions
Allows users to easily switch between many crypto networks
Supports many networks by default
A less cramped user experience than browser plugin wallets
Is also available on mobile devices
Cons:
Asks users to enter their private key as part of desktop setup process
Only supports Chinese and English languages
Has some issues with the English translation
Has fewer online resources than more established wallets Download Token Pocket Desktop Wallet (MacOS or Win64)
**NEVER, in any situation, should you ever give someone your private key or recovery phrase ("seed phrase"). This will give someone complete access to your crypto!
The official Dexo site and staff will never ask you to input your seed phrase.
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