What is Wigwam wallet [in simple words]

Written by Volodymyr Klykov
Updated 5 months ago

Wigwam is a crypto wallet. It is used mostly for holding crypto tokens. You may receive, send, store and even trade crypto tokens by using Wigwam.

Also, Wigwam is a web3 browser that allows you to connect to Web3 applications and interact with them. 

Do you want to read more about the wallet and its security features? - Visit this page.

Why do you need a Web3 browser?

If you want to conduct activities in the crypto space, you need a tool that will allow you to interact with crypto applications. For instance, you need our wallet to do the following things:

  • Participate in crypto airdrops, conduct rewarding testing activities, and engage in social reward activities on crypto platforms, such as Magic Store, Galxe, Zealy, Intract, Micro3, etc.
  • You need to connect to the crypto application and sign in a transaction that proves that you are an owner of the wallet.
  • You want to buy, sell, send, receive, lend, or borrow tokens by using the decentralized (crypto) applications.
  • You need to vote in the crypto app.
  • You want to play in a crypto game that uses blockchain.
  • You want to stake and farm crypto tokens on blockchain apps, etc.

Everywhere, where do you need to work with blockchain - you need our wallet. We support all EVM-compatible blockchains.

Why do you only have a desktop extension now, but I need a mobile one?

It is a good question. Wigwam was developed first as a Web3 browser to work with Web3 (Crypto) applications, and many Web3 applications were created for desktop only. For this reason, we have created a desktop version first. Hover, you may use this version on mobile too by following this guide.

Also, we will release a new mobile version very soon that will be very convenient, friendly to beginners, and easy to use. Just follow our updates on social media so you do not miss this event.

What is the most important thing I must know about a crypto wallet?

When you create your first wallet, you generate a seed phrase (12 words). This phrase is the key that provides you access to all your tokens from any device and place in the world. Technically, all your tokens are stored directly on the blockchain, and you use a seed phrase as a permission key to manage these tokens on the blockchain. Only you have this phrase, and you only have access to your tokens, so:

  • If you forget a seed phrase, write it with a mistake, or remember only part of it - you lose access to your funds.
  • If you lose the seed phrase, no one can recover it. Your email, phone number, ID, proof of income etc are useless in recovering this stuff. You must have seed phrase.
  • If you share this seed phrase with another person - this person will have 100% access to your wallet forever. You can't change, reinstall, or update your seed phrase. Only create a new wallet with a new seed phrase.
  • No admins, support managers, tech team, help advicers etc - never ask you your seed phrase. If they ask -they are scammers. If they ask to use a strange application to validate your wallet -they are scammers. Read more here.

Be wise, use your wallet joyfully, and have many promising discoveries in crypto

🤑

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