How do I manage my wallet? (web)

Published on Aug 22, 2023Updated on Oct 26, 20246 min read558

OKX Wallet is a non-custodial and decentralized multi-chain wallet that provides one-stop asset management, secure storage, transfer, and other features for global users. Using a seed phrase to create an on-chain identity, users can secure and conveniently manage their assets on various networks, such as Bitcoin and Ethereum etc, across multiple platforms (iOS, Android, and web extension), and also supports multi-seed phrase import and derivation of addresses.

Currently, OKX Web3 Wallet supports 80+ networks, including Bitcoin, Ethereum, OKC, Solana, BSC, Polygon, Avalanche, Tron, Arbitrum etc. It can automatically recognize the network without manually switch it when connecting. With OKX, you can easily access over 1,000 DApp protocols and features such as multi-chain and cross-chain DEX, Yield farming, NFT marketplace, and DApp discovery. A wallet is all you need for your Web3 experience.

Getting started

You can download the extension from Google Chrome Webstore. Select Connect wallet to start.

Opening Connect wallet page

Select Create Wallet

Select Create wallet if you don't have a wallet, and select either seed phrase or hardware wallet to create one
Note: make sure you've connected your hardware wallet before creating your wallet.
Select Create Wallet if you don't have a wallet
Set a password to protect your privacy and select Confirm to complete creating a wallet
Select Back up now and enter the password that you created earlier to view your seed phrase and keep it safe without sharing it with anyone.
Select Back up now to secure your wallet
Note down the seed phrase, and select I've noted it down to proceed with verifying your seed phrase
Write down seed phrases to complete creating a wallet
Verify your seed phrase to complete your wallet creation
Verify the seed phrase to complete your account creation

Select Import Wallet

Select Import wallet if you have a wallet, and select either keyless wallet, seed phrase, or hardware wallet to import your existing wallet
Import your wallet by using keyless wallet, seed phrase, or hardware wallet
Fill in your Seed phrase/Private key or connect your hardware wallet and Confirm
Set a password to protect your privacy and select Confirm to complete importing

Note: make sure to keep your seed phrase, private key, and password safe and never share with others to avoid any losses.

How do I view or back up a seed phrase or private key?

OKX Web3 wallet supports backing up either Seed phrase or Private key. The seed phrase is recognized as the unique identifier to the wallet (also to the derived wallets generated from that wallet), which means that you can manage crypto assets on 80+ networks with it. However, the private key of your wallet is different depending on the network. You can go to Settings, select Back up wallet, and the wallet that you want to back up, followed by entering your password and you will see your seed phrase or private key.

Open settings page on OKX web3 extension wallet

Open setting page

How do I create a new account?

You can select your wallet name > Add account to create a new account. The accounts (known as derived wallet) associated with Wallet A, share the same seed phrase. You can also rename the wallets and accounts by selecting Edit wallet.

Note: if you would like to remove an existing account, you will need to delete the whole wallet from the device. You can then re-import it using the seed phrase, whereas the wallet imported using a private key can't add accounts.

How do I use a watch-only wallet?

The watch-only wallet is a type of wallet that can be viewed with your wallet address or domain name to monitor your assets, currency, NFT, DeFi, authorization records, transaction details, etc. It can also be used as a blockchain browser for a specific address. You can select Connect wallet on OKX Wallet website > Watch-only wallet.

Opening watch-only wallet page

Compared with the blockchain browser, the advantage of watch-only wallet is:

Multiple watch-only wallets can be added at the same time for easy tracking.
Multiple networks are aggregated in the same wallet without switching browsers of different networks. The watch-only wallet can not only display the assets on 80+ networks that OKX supported but also the asset allocation on different networks.

Note: the watch-only wallet can't perform on-chain operations with only wallet address or domain name, such as transfers. You will need to either import the seed phrase/private key in the wallet or with cold wallet authorization to complete such actions.

How do I discover decentralized applications (DApps)?

The Discover page on OKX Web3 wallet is a DApp hub, where users can gain insights from a range of indicators of DApps, such as the number of active users, popularity and trading volume, etc. Simply go to Discover, and select Explore DApps. You can search for the DApps that you want by searching for the DApps name. For more details, you can find it here.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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