Stellar How to set up your Stellar (XLM)wallet: Is MetaMask an Option?

How to set up your Stellar (XLM)wallet: Is MetaMask an Option?

Author: @Mycryptoview Token

Last Updated: March 23, 2024

If you are new to the crypto world, a cryptocurrency wallet is used for sending and receiving coins. Since Steller is another cryptocurrency you will need a wallet to store, send and receive Steller. Wallet such as Metamask is designed for EVM-compatible chains such as Ethereum and are not compatible with Stellar. Alternative options such as the Ledger Nano S which is known as one of the secure hardware wallets can be used for storing Steller. Another option is the Atomic Wallet, which supports various cryptos including Steller(XLM). If you are looking for a wallet like Metamask then Stellarport is similar to Metamask which is built specifically for Steller and it's a web-based wallet like Metamask. If you are interested in setting up Stellarport wallet you can follow the steps below.

  1. Go to Stellarport official website
  2. Click the New wallet button

      3. Save and back up your recovery phrase and don’t share it with anyone!            

     4.  Toggle the Yes, I confirm and click next once you have saved your recovery phrase              

    5. Input the Nickname, password for your wallet and click the Advanced options button and click “I understand and wish to proceed” button

Once you’ve created your wallet you should see a screenshot like the one below

Note:- We recommend using a Hardware wallet to store your Stellar (XLM) 

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