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  • FAQ
    • Welcome To xHaven FAQs
      • Where Can I Find xHaven's Whitepaper?
      • Where Can I Read About XVN Token?
  • About xHaven & Digital Collectibles
    • What Is xHaven?
    • What Are xHaven's Marketplace Fees?
    • What Are Digital Collectibles?
      • How Are Digital Collectibles Stored?
      • Aren’t Digital Collectibles Bad For the Environment & Is xHaven Doing Anything About This?
      • Where Can I Learn More About Digital Collectibles & NFTs?
    • What Blockchain Does xHaven Support?
      • Why Is xHaven Built On Flare?
    • What Makes xHaven Different?
    • How Do I Become A Part Of The xHaven Community?
  • Getting Started
    • Getting Started
      • What Is A Wallet & Why Do I Need One?
      • How Do I Add Flare To My MetaMask Wallet?
        • Where Can I Get $FLR?
      • How Do I Add Songbird To My MetaMask Wallet?
        • Where Can I Get $SGB?
      • How Do I Import Bifrost Wallet Into MetaMask?
    • Why Do I Have To Approve Tokens?
    • What Are The Recommended Specifications For Images?
    • How Do I Refresh Metadata?
    • Metadata Standards
  • Buying & Selling Digital Collectibles
    • How Do I See Which Digital Collectibles Are For Sale?
    • How Do I Buy Digital Collectibles?
    • How Do I Make & Remove Offers?
    • How Do I Accept An Offer?
    • How Do I List Digital Collectibles For Sale?
    • How Do I Remove Digital Collectibles From Sale?
    • How Do Auctions Work?
  • Safety & Security
    • Is Connecting My Wallet To xHaven Safe & Secure?
      • Does xHaven Have Access To My Wallet’s Private Keys?
      • How Do I Keep My Digital Collectibles Safe?
    • What Is xHaven’s Policy On Stolen Items?
    • Intellectual Property Infringement
      • What Should I Do If Works I Own The Copyright In Are Being Sold Without My Consent?
      • How Do I Submit A Copyright Counter-Notice?
      • Are Spin-Off, Homage, Remix Or Derivative Collections Permitted?
    • What Should I Do If I Think Items On xHaven Breach The Terms & Conditions?
      • How Do I Report Fake Or Fraudulent Content?
    • What Should I Do If I Think My Account Has Been Compromised?
  • Troubleshooting
    • My Digital Collectibles Aren't Displaying In My Wallet, What Can I Do?
    • The xHaven Marketplace Isn’t Working, Where Can I Get Help?
  • How to Participate in Staking and Rewards on xHaven
    • 1. Simple Staking
    • 2. Marketplace Rewards (Governance Token Distribution Mechanism)
    • 3. LP Staking
    • 4. Platform Rewards
    • 5. NFT Rewards
    • Helpful Tips
  • Legal
    • Terms & Conditions
    • Privacy Policy
  • Community Tools
    • NFT Airdrop Tool
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  1. Getting Started
  2. Getting Started

What Is A Wallet & Why Do I Need One?

Anyone who has your seed phrase is able to gain full access to your crypto wallet.

It is important you never give your seed phrase to anyone and you keep it safe and secure.

Think of your crypto wallet as a digital form of your physical wallet.

You probably keep important things that are important to you (such as money, ID, family photos) in your physical wallet.

Your crypto wallet does the same thing, but on the blockchain.

Your wallet has an ‘ID’ (a long sequence of letters and numbers), which keeps your cryptocurrencies safe, as well as any NFTs you may have made or purchased with those cryptocurrencies.

When you create a new crypto wallet, you will get a ‘seed phrase’, which is a series of words that allow you to recover access to your wallet should this ever be lost.

To interact with the blockchain and transact with cryptocurrencies and NFTs on xHaven, you’ll need to connect your wallet to log in and sign transactions.

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Last updated 1 year ago