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How to Create, Import, and Connect Multiple Wallets?
How to Create, Import, and Connect Multiple Wallets?

Information on transactions between App, Defi Wallet and external wallet

Valery avatar
Written by Valery
Updated over a week ago

How do I create or import multiple wallets on my DeFi Wallet app?

You need to first create/import a wallet and then you can add another wallet again by following the steps below. Please note that we’re currently supporting multiple-recovery phrase wallets; each wallet created/imported has its own recovery phrase.

Step 1: Navigate to the entry points

  • From the home screen, tap on your avatar on the top-left corner of the screen

  • In Settings, tap on the dropdown below your avatar to switch wallets

Step 2:

  • Tap ‘Add new wallet’

Step 3:

  • You can choose to create a new wallet or import an existing wallet

  • Accept the Terms of Service and Privacy Policy to proceed to the next step. We will select ‘Create a new wallet’ for this guide

Step 4:

  • Every crypto wallet you create or own has a recovery phrase that enables access. Be sure to back up your 12-word recovery phrase and keep it in a secure, physical location

Step 5:

  • Give your wallet a unique name. You will be redirected back to the home screen, where you will see your newly created wallet as your active wallet

How are the settings configured across multiple wallets?

There are a few settings of the DeFi Wallet app that are shared across wallets and some that are specific to individual wallets.

The following settings are shared across wallets, in other words, once you have enabled the settings in one of the wallets, the same will be applied to the rest of your wallet:

  • Security settings: Passcode, Face ID, and 2-Factor Authentication

  • Email communications

The following are specific to individual wallets:

  • Recovery phrase

  • Wallet balance

Please note that you can only connect one wallet to your App account at a time.

How can I customize my wallet name or switch to a different wallet?

You can set a personalized name for your wallet, so you can easily recognize it. There is no limit on the number of times you can rename a wallet, and it can be changed at any time.

  1. Go to the Wallet Settings menu from:

    1. The home screen: Tap on your avatar on the top-left corner of the screen

    2. Settings: Tap on the dropdown below your avatar

  2. Tap ‘•••’ next to the wallet you wish to rename

  3. Input the new wallet name

  4. Tap ‘Confirm’

You can easily switch to another wallet by:

  1. Going to the Wallet Settings menu via (i) the home screen or (ii) Settings

  2. Selecting the wallet you wish to use

  3. You’ll see that your active wallet has been updated when you return to the home screen

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