Download the Wallet:
Visit the official Crypto.com website or your device’s app store (Google Play Store or Apple App Store) to download the Crypto.com DeFi Wallet app.
Install the App:
Follow the installation instructions to install the Crypto.com DeFi Wallet app on your smartphone or tablet.
Create a New Wallet:
Open the app and select the option to create a new wallet. You will be prompted to set a secure password for your wallet. Make sure to use a strong password that you have not used elsewhere.
Backup Your Recovery Phrase:
The app will generate a 12-word recovery phrase. Write down each word in the exact order and store it in a secure place. This recovery phrase is crucial for recovering your wallet if you forget your password or lose access to your device. Do not share this phrase with anyone.
Confirm Your Recovery Phrase:
The app will ask you to confirm your recovery phrase by selecting the correct words in order. This step ensures that you have accurately recorded your recovery phrase.
Access Your Wallet:
Enter your password to access your Crypto.com DeFi Wallet. You will be directed to the wallet’s main dashboard, where you can view your cryptocurrency balances and transaction history.
Receive Cryptocurrency:
To receive cryptocurrency, navigate to the “Receive” section. Select the cryptocurrency you want to receive and copy the wallet address or scan the QR code provided. Share this address with the sender to receive funds.
Send Cryptocurrency:
To send cryptocurrency, navigate to the “Send” section. Enter the recipient’s wallet address, the amount you want to send, and any additional transaction details. Review the transaction details and confirm the transfer.
Manage Multiple Assets:
The Crypto.com DeFi Wallet supports a wide range of cryptocurrencies. You can add and manage multiple assets within the app, making it easy to diversify your portfolio.
Interact with DeFi Protocols:
One of the key features of the Crypto.com DeFi Wallet is its ability to interact with various decentralized finance (DeFi) protocols. You can connect your wallet to DeFi platforms to participate in activities such as staking, lending, and liquidity mining directly from the app.