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Setting up a wallet — and what never to do

How to create a wallet and how to handle the seed phrase. Most losses start with a mistake at this step.

CRYPTO PORT · Jul 22, 2026 · 10:55

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Summary

  • Write the seed phrase on paper and keep it offline
  • No screenshots, no cloud storage
  • Never install from a search advert

Chapters

  1. 00:00What a wallet is
  2. 02:30Installing safely
  3. 05:15Storing the seed phrase
  4. 08:40Revoking approvals

Transcript

A wallet is not a purse that holds coins — it manages your keys.

Always install from the official site. Fake sites buy the advert slots above search results.

Write down the seed phrase shown at setup and keep it offline. A photo or a cloud note means losing everything if that account is breached.