How to create a new account with venom wallet
Venom Wallet is a platform that allows users to purchase, send, spend, and trade digital assets within a single application. To use the Venom Blockchain, a user must first create a Venom wallet account. The Venom Wallet platform offers different types of accounts, including personal accounts (default) and multisig accounts for corporate use. A seed phrase is generated for the default wallet account upon creation. Here is a step-by-step guide for setting up a new account on Venom Wallet, ensuring it is secured with a seed phrase and password:
Open the Venom Wallet extension or application and choose the option "create a new account" under the wallet setup.
Review the decentralization policy, and if in agreement, select "I accept."
After reviewing the decentralization policy, click the “submit” button.
After clicking the "submit" button, a unique seed phrase will be auto-generated.
Input the seed phrase words and click "confirm" to verify that you have accurately remembered the unique seed phrase. If you have successfully entered the words, you will proceed to create a password for your wallet.
Create a password to secure your wallet transactions. The password must be at least 8 characters long and include a combination of uppercase and lowercase letters, numbers, and special characters.
Confirm your password by entering it twice and press the "sign in the wallet" button.
Once you have completed these steps, you will have successfully created a new account with Venom Wallet. To log into your Venom wallet account, use the unique seed phrase as a key. This verification process is deemed safer and more secure to access the account.It is important to note that Venom Wallet cannot be accessed without the seed phrase, so it is crucial to keep it safe and secure. Users should never share their seed phrase with anyone, and it is recommended to store it in a secure location, such as a password manager or a physical safe. In conclusion, creating a new account with Venom Wallet is a straightforward process that can be completed in just a few steps. By following the steps outlined above, users can ensure that their account is secured with a seed phrase and password, providing a safe and secure way to manage their digital assets.