To use Monetrix, you need a cryptocurrency wallet to send and receive funds.
Setting up a wallet is quick and can be done in just a few minutes.
What is a crypto wallet?
A crypto wallet allows you to:
Receive cryptocurrency
Send cryptocurrency
Safely store access to your funds
You remain the owner and controller of your assets.
đ§ Step 1 â Choose a wallet
You can use trusted wallets such as:
MetaMask (popular for Ethereum and tokens)
Trust Wallet (multi-asset wallet)
You can also use accounts on platforms like:
Binance
Kraken
đ Make sure the wallet or account is in your name and under your control.
đ˛ Step 2 â Download and install
Go to the official App Store or Google Play
Search for the wallet name
Download the official application
â ď¸ Always verify the app to avoid fake versions.
đ Step 3 â Create a new wallet
Open the app
Select âCreate new walletâ
Follow the setup instructions
đ Step 4 â Save your recovery phrase
You will receive a 12 or 24-word recovery phrase.
Important:
Write it down and store it safely
Never share it with anyone
Do not store it online or in screenshots
đ This phrase gives full access to your funds.
đĽ Step 5 â Get your wallet address
Once your wallet is created:
Select the cryptocurrency (e.g. USDC, BTC, ETH)
Copy your wallet address
đ This is the address you will use on Monetrix to receive crypto.
â ď¸ Important tips
Always double-check your wallet address before sending funds
Use the correct network (e.g. Ethereum, Bitcoin)
Only use wallets you control
đ Summary
Creating a wallet allows you to:
Receive crypto directly from Monetrix
Send crypto securely
Stay in full control of your funds