DeFi wallet

Creation and management of DeFi Wallets

First steps

DeFi wallet allows users to create a new cryptowallet or add an external one. Cryptowallet is a service that stores the public and/or private keys for cryptocurrency transactions and allows to get access to assets.

Create wallet

Pressing the "Create Wallet" button launches wallet creation that displays a seed phrase. A seed phrase is a series of words generated by your cryptocurrency wallet that give you access to the crypto associated with that wallet.

At the first step, the application shows a seed phrase and asks to save it. Privacy policy terms agreement also required.

The application will ask to name the wallet and to confirm a seed phrase. After pressing the "Create Wallet" button, the wallet is ready to use.

Add wallet

The functionality of external wallets addition is also available on the application. Required data is one of the following items:

  • Private key

  • Ethereum address

  • Seed phrase

  • ENS domain

After naming and required data conformation, an external wallet will be added.

Operations with wallet

Users can add new tokens, send and deposit assets to the selected wallet.

Deposit

Deposit operation stands for receiving assets.

Depending on the type of assets to receive user should select it and the application will display the wallet address or QR-code required for the transaction.

Send

Assets sent require only the address of the destination wallet.

Depending on sending amount following information will be displayed:

  • The amount that will be received on the destination wallet

  • Arrival time

  • Fee

  • The amount that will be deducted from the balance

Add token

It is possible to add custom tokens to the selected wallet. The only token address is required.

The token address insertion will provide related information as:

  • Token icon

  • Token symbol (short name)

  • Token name (full name)

  • Token decimals

  • Count of lists where the token is verified

Wallet Connect

Wallet connect allows you to connect a DeFi crypto wallet and decentralized apps (for example, Zam.io dApps) with QR code scanning.

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