Create a Wallet
Last updated
Last updated
To get started on CryptoSwap, the first thing you'll first need to set up a wallet that supports BNB Smart Chain (BSC). Wallets are available for both desktop computers and smartphone devices. Choose the wallet that fits your needs best.
✅ Download and install only the latest version from an official source.
✅ Follow the setup guide carefully.
✅ Safely back up your recovery phrases.
❌ NEVER share your recovery phrases with anyone, under any circumstances.
❌ NEVER input your recovery phrase to a website or app, other than your wallet app.
Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.
Feature | Mobile | Desktop |
---|---|---|
Smartphone/Mobile wallets allow you to access your crypto almost anywhere. Wallets are available on both Android and iOS devices.
This comparison table gives an overview of the most popular mobile wallets used with CryptoSwap.
⚠️ Requires some setup 🔶 Only supports SafePal hardware wallet
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Offers ETH purchases with Transak
Supports a very large number of languages
Is also available a browser plugin for desktop devices
Cons:
Longer setup time than other options
Additional steps needed to use with BNB Smart Chain and CryptoSwap
Extra information and settings may confuse beginners
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (BNB Smart Chain) right away.
Pros:
Easily switch between several crypto networks
Offers 25% fee discount paying with BNB (requires login)
Has the option for Google Authenticator built in
Supports a large number of languages
Setup process is very simple
Is available as both a software and hardware wallet (work together)
Supports NFTs on both the BSC and ETH networks
Cons:
Isn't fully open source
Has some features that are not yet ready for use (such as DeFi)
Does not give user notifications
Does not enforce strong security during initial setup and wallet creation
Has fewer online resources than more established wallets
Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.
This comparison table gives an overview of the most popular desktop wallets used with CryptoSwap.
⚠️ Requires additional setup
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks) with a little work.
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Supports a very large number of languages
Is also available on mobile devices
Cons:
Longer setup time than other options
Additional steps needed to use with Binance Smart Chain and CryptoSwap
Extra information and settings may confuse beginners
Binance Wallet is a browser-plugin wallet that natively supports the Binance Chain (BEP2) BNB Smart Chain (BEP20) networks. Binance Wallet was developed by the Binance cryptocurrency exchange.
Pros:
Open source for auditability
Backed by the Binance cryptocurrency exchange
Can be directly linked to a Binance or Gmail account
A streamlined user experience
Supports BNB Smart Chain by default, making using PancakeSwap easy
Supports a large number of languages
Hardware wallet compatible
Cons:
Lacks some custom settings of other wallets
Lack of additional tools makes some actions available in other wallets impossible
Has fewer online resources than more established wallets
Under no circumstance should you ever give someone your private key or recovery phrase ("seed phrase"). This will give someone complete access to your crypto!
The genuine CryptoSwap site and staff will never ask you to input your seed phrase.
Feature | Metamask | Safepal |
---|---|---|
Metamask | Binance Wallet | |
---|---|---|
Use anywhere
✅
➖
Easy to use
✅
➖
More secure
➖
✅
Accessibility friendly
➖
✅
Damage/loss/theft resistant
➖
✅
Power/connection outage resistant
✅
➖
BNB Smart Chain support
⚠️
✅
Built-in DApp browser
✅ (iOS may need to add manually)
✅
Hardware wallet compatible
✅
🔶
Open source (auditability)
✅
➖
Interact with BscScan
(for advanced users!)
✅
➖
Binance Smart Chain support
⚠️
✅
Built-in DApp browser
➖
➖
Hardware wallet compatible
✅
✅
Open source (auditability)
✅
✅
Interact with BscScan
(for advanced users!)
✅
➖