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Create a Wallet
To get started on dDEXX, the first thing you'll need is to set up a wallet that supports Binance Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You'll need to choose the wallet that fits your needs best.
When you're setting up a wallet, be sure to:
- ✅ Download and install only the latest version from an official source.
- ✅ Follow the setup guide carefully.
- ✅ Safely back up your recovery phrases.
- ❌ NEVER share your recovery phrases with anyone, under any circumstances.
- ❌ NEVER input your recovery phrase to a website or app, other than your wallet app.
Smartphone/Mobile or Desktop wallet?
Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.
Mobile
Desktop
Use anywhere
✅
➖
Easy to use
✅
➖
More secure
➖
✅
Accessibility friendly
➖
✅
Damage/loss/theft resistant
➖
✅
Power/connection outage resistant
✅
➖
Smartphone/Mobile wallets
Smartphone/Mobile wallets allow you to access your crypto almost anywhere. Wallets are available on both Android and iOS devices.
Which mobile wallet should I choose?
This comparison table gives an overview of the most popular mobile wallets used with dDEXX.
Trust Wallet
MetaMask
Token Pocket
SafePal
Binance Smart Chain support
✅
⚠️
✅
✅
Built-in DApp browser
✅ Android
⚠️ iOS
➖
✅
✅
Hardware wallet compatible
➖
✅
➖
🔶
Open source (auditability)
✅
✅
✅
➖
Interact with BscScan
(for advanced users!)
➖
✅
➖
➖
⚠️ Requires some setup
🔶 Only supports SafePal hardware wallet
You can find more in-depth information about each wallet below, as well as download links and installation guides.
Trust Wallet
MetaMask
Token Pocket
SafePal
Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.
Pros:
- Open source for auditability
- Backed by the Binance cryptocurrency exchange
- Easily switch between several crypto networks
- Includes networks by default
- Includes in-wallet staking options
- Has additional features such as NFT collection, BNB staking, and DApp access within the wallet
Cons:
- Language tied to phone settings
- Limited DApps
- Transaction notifications can be delayed
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks).
Pros:
- Open source for auditability
- WEB3 capable on BscScan
- A strong history of security and reliability
- A large amount of how-to guides and resources online
- Many tools and custom settings
- Offers ETH purchases with Transak
- Supports a very large number of languages
- Is also available a browser plugin for desktop devices
Cons:
- Longer setup time than other options
- Additional steps needed to use with Binance Smart Chain and PancakeSwap
- Extra information and settings may confuse beginners
Token Pocket is a cryptocurrency management app that natively supports many cryptocurrency networks. It also has a desktop application available.
Pros:
- Open source for auditability
- Allows users to easily switch between many crypto networks
- Supports many networks by default
- A less cramped user experience than browser plugin wallets
- Is also available as desktop software devices
Cons:
- Only supports Chinese and English languages
- Has some issues with the English translation
- Has fewer online resources than more established wallets
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (Binance Smart Chain) right away.
Pros:
- Easily switch between several crypto networks
- Offers 25% fee discount paying with BNB (requires login)
- Has the option for Google Authenticator built in
- Supports a large number of languages
- Setup process is very simple
- Is available as both a software and hardware wallet (work together)
- Supports NFTs on both the BSC and ETH networks
Cons:
- Isn't fully open source
- Has some features that are not yet ready for use (such as DeFi)
- Does not give user notifications
- Does not enforce strong security during initial setup and wallet creation
- Has fewer online resources than more established wallets
Desktop/Web Browser wallets
Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.
Which desktop wallet should I choose?
This comparison table gives an overview of the most popular desktop wallets used with dDEXX.
MetaMask
Binance Wallet
Token Pocket
Binance Smart Chain support
⚠️
✅
⚠️
Built-in DApp browser
➖
➖
✅
Hardware wallet compatible
✅
✅
➖
Open source (auditability)
✅
✅
✅
Interact with BscScan
(for advanced users!)
✅
➖
➖
⚠️ Requires additional setup
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask
Binance Wallet
Token Pocket
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks) with a little work.
Pros:
- Open source for auditability
- WEB3 capable on BscScan
- A strong history of security and reliability
- A large amount of how-to guides and resources online
- Many tools and custom settings
- Supports a very large number of languages
- Is also available on mobile devices
Cons:
- Longer setup time than other options
- Additional steps needed to use with Binance Smart Chain and dDEXX
- Extra information and settings may confuse beginners
Binance Wallet is a browser-plugin wallet that natively supports the Binance Chain (BEP2) Binance Smart Chain (BEP20) networks. Binance Wallet was developed by the Binance cryptocurrency exchange.
Pros:
- Open source for auditability
- Backed by the Binance cryptocurrency exchange
- Can be directly linked to a Binance or Gmail account
- A streamlined user experience
- Supports Binance Smart Chain by default, making using PancakeSwap easy
- Supports a large number of languages
- Hardware wallet compatible
Cons:
- Lacks some custom settings of other wallets
- Lack of additional tools makes some actions available in other wallets impossible
- Has fewer online resources than more established wallets
Token Pocket is a standalone application available for both Mac OS and Win64 devices. Token Pocket allows you to manage your cryptocurrency in software independent of your browser.
Pros:
- Open source for auditability
- Independent of your browser and any of its permissions
- Allows users to easily switch between many crypto networks
- Supports many networks by default
- A less cramped user experience than browser plugin wallets
- Is also available on mobile devices
Cons:
- Asks users to enter their private key as part of desktop setup process
- Only supports Chinese and English languages
- Has some issues with the English translation
- Has fewer online resources than more established wallets
NEVER, in any situation, should you ever give someone your private key or recovery phrase ("seed phrase"). This will give someone complete access to your crypto!
The genuine dDEXX site and staff will never ask you to input your seed phrase.
Last modified 1yr ago