How to Manage Your Crypto Wallet (Using the App)

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Managing your digital assets securely and efficiently is essential in today’s fast-evolving Web3 landscape. With the right tools, you can seamlessly navigate decentralized networks, interact with dApps, and protect your holdings across multiple blockchains. This guide walks you through everything you need to know about managing your crypto wallet using a leading multi-chain solution.

👉 Discover how easy it is to take control of your Web3 journey today.

Getting Started with Your Web3 Wallet

A modern decentralized wallet gives you full control over your crypto assets without relying on third parties. Designed for both beginners and advanced users, it supports secure storage, cross-chain transfers, and direct access to decentralized applications (dApps). Whether you're on iOS, Android, or using a web extension, the experience remains consistent and intuitive.

The wallet connects to over 80 blockchain networks—including Bitcoin, Ethereum, Solana, Binance Smart Chain (BSC), Polygon, Avalanche, Tron, and Arbitrum—automatically detecting the correct network without manual switching. This means you can manage diverse assets and interact with more than 1,000 dApps across chains with just one interface.

To get started:

  1. Download the OKX App from the App Store or Google Play.
  2. Open the app and navigate to Wallet.
  3. Choose Create Wallet to set up a new one or I Already Have One to import an existing wallet.

This simple onboarding process ensures you're ready to explore Web3 in minutes.

Creating a New Wallet

When setting up a new wallet, security and ease of use go hand in hand. Follow these steps to create your wallet safely:

  1. Tap Create Wallet, then choose between a seed phrase wallet or a hardware wallet.
  2. Enable Face ID for quick and secure access by selecting Enable Now, or tap Maybe Later.
  3. Set a strong wallet password to protect your data and privacy, then confirm it.
  4. Choose a backup method: Cloud Backup (encrypted) or Manual Backup.
  5. Carefully write down your 12- or 24-word recovery phrase—this is your master key to recover the wallet if you lose access.
  6. Confirm the seed phrase by selecting the words in the correct order, then tap Done.

Once completed, your wallet is ready to use across multiple chains.

👉 Secure your crypto future with a trusted multi-chain wallet.

Importing an Existing Wallet

If you already have a crypto wallet, you can easily import it into the app:

  1. Select I Already Have One, then choose your import method:

    • Restore without a key
    • Import via seed phrase or private key
    • Cloud backup
    • Hardware wallet (via Bluetooth)
  2. Enter your seed phrase or private key, or connect your hardware device.
  3. Optionally enable Face ID for faster access.
  4. Set a wallet password and confirm to complete the import.
🔐 Important: Never share your seed phrase or private key with anyone. These credentials give full access to your funds and cannot be recovered if lost or stolen.

Managing Seed Phrases and Private Keys

Your seed phrase is the master key that controls all derived wallets and assets across supported blockchains. In contrast, private keys are specific to individual networks.

To view or back up your seed phrase or private key:

  1. Go to the Home screen.
  2. Tap your wallet name.
  3. Select Manage Wallet, then choose the specific wallet you want to review.
  4. Tap Cloud Backup to restore or view your recovery information.

Only perform this action in a secure environment.

Creating and Naming New Accounts

You can generate multiple accounts—also known as derived wallets—under one seed phrase. These accounts help organize your assets without compromising security.

To create a new account:

  1. From the Total Assets section, tap your wallet name.
  2. Select Add Account.
  3. Choose the blockchain network for the new account.

To rename a wallet or account:

  1. Go to Manage Wallet.
  2. Select the wallet you want to rename.
  3. Edit the name and tap Confirm.
📝 Note: Deleting an account requires removing the entire wallet from the device and re-importing it using the seed phrase. Wallets imported via private key cannot add additional accounts.

Using a Watch-Only Wallet

A watch-only wallet allows you to monitor balances, transactions, NFTs, DeFi positions, and authorizations using only a public address or ENS domain—no private keys required.

To add a watch-only wallet:

  1. Open the OKX App.
  2. Go to Wallet > Add Wallet > Watch-Only Wallet.
  3. Enter the wallet address or ENS name.

Benefits over traditional blockchain explorers:

⚠️ Reminder: A watch-only wallet cannot initiate transactions. To send funds or interact with dApps, import the seed phrase or connect a hardware wallet.

Discovering Decentralized Applications (dApps)

The Discover page acts as a curated gateway to the decentralized ecosystem. Here, you can explore top-performing dApps based on metrics like active users, popularity, and trading volume.

To use it:

  1. Navigate to Discover.
  2. Search for a dApp by name.
  3. Tap the result and select Go to {DApp Name} to open its interface directly within the wallet.

This integrated discovery feature simplifies access to DeFi platforms, NFT marketplaces, yield farming protocols, and cross-chain bridges—all from one secure environment.

👉 Start exploring powerful dApps with seamless multi-chain support.

Frequently Asked Questions (FAQ)

Q: What is a seed phrase, and why is it important?
A: A seed phrase (or recovery phrase) is a 12- or 24-word sequence that acts as the master key to your wallet. It allows you to restore access to all your assets across multiple blockchains if you lose your device.

Q: Can I use the same wallet on multiple devices?
A: Yes. By securely backing up your seed phrase or using cloud backup (with encryption), you can restore your wallet on another device while maintaining full access to your funds.

Q: Is my data safe when using cloud backup?
A: Yes. Cloud backups are encrypted with your password—no one else can access them, including the service provider.

Q: What happens if I forget my wallet password?
A: If you lose your password but have your seed phrase, you can still restore your wallet on another device. However, there's no way to recover a lost password without the seed phrase.

Q: Can I send crypto between different blockchains?
A: Yes. The wallet supports cross-chain swaps and transfers through integrated DEX aggregators and bridge protocols.

Q: Do I need to pay gas fees on every network?
A: Yes, each blockchain requires its native token for transaction fees (e.g., ETH for Ethereum, BNB for BSC). The app shows estimated costs before confirming any action.

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