# 2. Creating a New Wallet

### Overview

Creating a new wallet generates a unique Seed64 (64-byte cryptographic seed) that you must securely store. This Seed64 is the only way to recover your wallet if you lose access to your device.

### Step-by-Step Guide

#### Step 1: Choose "Create New Wallet"

When you first open the extension, click **"Create New Wallet"** on the onboarding screen.

<div align="center"><figure><img src="/files/pOce4LARoQbU1kqOwo90" alt="" width="174"><figcaption></figcaption></figure></div>

#### Step 2: Enter Wallet Name

1. Enter a name for your wallet (e.g., "My Main Wallet")
2. This name helps you identify the wallet and is stored locally
3. Click **"Continue"**

<figure><img src="/files/zAt94pgcqfkMKCdsoT20" alt="" width="175"><figcaption></figcaption></figure>

#### Step 3: Set Password

1. Create a strong password for your wallet
   * Minimum requirements: At least 8 characters
   * Use a combination of letters, numbers, and special characters
   * Make it unique and memorable
2. Confirm your password by entering it again
3. Click **"Continue"**

<figure><img src="/files/N3yh3uK72GAZQFf8HWM4" alt="" width="175"><figcaption></figcaption></figure>

> ⚠️ **Important**: Remember this password! You'll need it every time you unlock your wallet. If you forget it, you'll need your Seed64 to reset it.

#### Step 4: Save Your Seed64

This is the **most critical step**. Your Seed64 is a 64-byte (512-bit) cryptographic seed that allows you to restore your wallet.

**Understanding Seed64:**

* **Seed64**: A 64-byte (512-bit) cryptographic seed used to derive your wallet's keys
* **Format**: Base58-encoded string (typically 87-88 characters)
* **Purpose**: Used to derive your wallet's public and private keys
* **Security**: This is your wallet's master key - never share it!

1. **Copy your Seed64**
   * The extension will display your Seed64
   * Click the copy button to copy it to your clipboard
   * The Seed64 is a long string of characters (Base58 encoded)
2. **Store it securely**
   * Write it down on paper or store in encrypted format
   * Keep it in a safe place (fireproof safe, bank vault)
   * Never share it with anyone
   * Never store it digitally in unencrypted form (screenshots, cloud storage, email, etc.)
   * Consider making multiple copies stored in different secure locations
   * Consider using password manager (encrypted) or encrypted USB drive
3. **Verify you've saved it correctly**
   * Double-check that you've copied the complete Seed64
   * Ensure no characters are missing
   * Click the checkbox to confirm you've saved it
   * Click **"Continue"**

<figure><img src="/files/gSbuuFaYG82X4tjIvs61" alt="" width="175"><figcaption></figcaption></figure>

> ⚠️ **Critical**: Your Seed64 is the only way to recover your wallet. Store it securely and never share it!

#### Step 6: Wallet Created

Congratulations! Your wallet has been created successfully.

* Your wallet address (public key) will be displayed
* You can copy it to share with others for receiving tokens
* Click **"Go to Dashboard"** to start using your wallet

<figure><img src="/files/HTfhi6jQkJBaLsT94Qs2" alt="" width="177"><figcaption></figcaption></figure>

### Security Best Practices

#### Seed64 Protection

* ✅ Write Seed64 on paper or store encrypted
* ✅ Store in multiple secure locations (3-2-1 backup rule: 3 copies, 2 media types, 1 offsite)
* ✅ Use encryption for digital backups
* ✅ Consider splitting Seed64 across locations (advanced)
* ❌ Never share your Seed64 with anyone
* ❌ Never store Seed64 digitally in unencrypted form (screenshots, cloud storage, email)
* ❌ Never enter Seed64 on suspicious websites
* ❌ Never take screenshots of your Seed64

#### Password Security

* ✅ Use a strong, unique password (minimum 8 characters)
* ✅ Include uppercase, lowercase, numbers, and special characters
* ✅ Use a password manager for your wallet password
* ✅ Never reuse passwords across services

### Troubleshooting

**I forgot my password**

* You can reset your password using your Seed64 through the "Forgot Password" option

**I lost my Seed64**

* Unfortunately, without your Seed64, you cannot recover your wallet
* This is why it's critical to store it securely

**I want to create another wallet**

* You can create multiple wallets, but each requires a separate Seed64
* Consider using different wallets for different purposes (main, savings, testing)

### What's Next?

* [Unlock your wallet to access your dashboard](/wallet/creating-a-wallet/chrome-extension-wallet/4.-unlocking-your-wallet.md)
* [Receive tokens by sharing your wallet address](/wallet/creating-a-wallet/chrome-extension-wallet/6.-receiving-tokens.md)
* [Send tokens once you have tokens in your wallet](/wallet/creating-a-wallet/chrome-extension-wallet/5.-sending-tokens.md)


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