Petra Wallet is a leading self-custody wallet designed specifically for the Aptos blockchain. As a browser extension, it enables you to securely store, send, and receive digital assets, interact with decentralized applications, and manage NFTs. Its user-friendly interface makes it a top choice for both beginners and experienced users in the Aptos ecosystem.
Getting started with Petra Wallet involves a straightforward installation and setup process. This guide will walk you through each step, from adding the extension to your browser to backing up your recovery phrase and using your new wallet.
Step-by-Step Guide to Setting Up Petra Wallet
Follow these steps to create and configure your Petra Wallet securely.
1. Install the Petra Wallet Extension
Begin by installing the Petra Wallet extension on your Chrome-based browser. You can obtain it from the official Chrome Web Store or directly from the Petra website.
- Via Chrome Web Store: Visit the official Petra Wallet website and click the download button, which redirects you to the Chrome Web Store listing. Click "Add to Chrome" to install.
- Via GitHub (Advanced Users): Download the latest release from the official GitHub repository. Unzip the file, enable Developer Mode in your browser's extensions menu, and load the unpacked extension by selecting the "build" folder.
Once installed, the Petra Wallet icon will appear in your browser's toolbar.
2. Create a New Wallet
Open the Petra Wallet extension by clicking its icon in the toolbar. Since you are setting up a new wallet, select the "Create New Wallet" option to begin the account creation process.
3. Set a Strong Password
You will be prompted to create a password for your wallet. This password encrypts your wallet data on your local device and is required to access it.
- Choose a strong, unique password with at least 8 characters, including numbers and special symbols.
- Remember that this password is stored only on your device. Petra Wallet cannot recover it if forgotten.
- Agree to the terms of use before proceeding.
👉 Reset your wallet password using your recovery phrase
4. Backup Your Recovery Phrase
Your recovery phrase (or seed phrase) is the most critical component of your wallet. It consists of 12 words that grant full access to your funds and accounts.
- The phrase will be displayed on-screen. Ensure you are in a private, secure location with no one watching.
- Write down the words in the exact order shown. Store them securely offline, such as on a piece of paper in a safe place.
- Avoid digital storage methods like screenshots or text files, which are vulnerable to hacking.
After recording your phrase, you will be asked to verify it by selecting the words in the correct sequence. This step ensures you have copied the phrase accurately.
5. Start Using Your Wallet
Once your recovery phrase is verified, your wallet is ready to use. The homepage displays your wallet address, balance, and transaction history.
- To receive funds, share your wallet address or use the built-in "Receive" function.
- To send assets, use the "Send" feature and enter the recipient's address.
- Explore the "Library" tab to view your NFT collections and the "Activity" tab for transaction history.
- Customize your account name and security settings via the Settings menu.
Best Practices for Wallet Security
Maintaining the security of your wallet and recovery phrase is essential to safeguarding your assets.
- Never share your recovery phrase with anyone. Legitimate projects will never ask for it.
- Use a strong, unique password and enable auto-lock features for added security.
- Regularly update your browser and wallet extension to the latest version.
- Be cautious of phishing websites and unauthorized applications.
👉 Explore advanced security strategies for digital assets
Frequently Asked Questions
What is Petra Wallet?
Petra Wallet is a non-custodial cryptocurrency wallet designed for the Aptos blockchain. It allows users to store tokens, interact with decentralized apps, and manage NFTs directly through a browser extension.
Can I recover my Petra Wallet if I lose my password?
Yes, you can reset your password using your 12-word recovery phrase. However, if you lose both your password and recovery phrase, your wallet cannot be recovered.
Is Petra Wallet free to use?
Yes, Petra Wallet is free to download and use. Standard network fees may apply for transactions on the Aptos blockchain.
How do I update Petra Wallet?
Updates are typically handled automatically through the Chrome Web Store. If you installed via GitHub, you will need to manually update by downloading and loading the latest version.
Can I use Petra Wallet on mobile devices?
Currently, Petra Wallet is available as a browser extension for desktop devices. For mobile use, check official sources for supported options.
What should I do if I suspect my recovery phrase is compromised?
If you believe your phrase is exposed, immediately transfer your assets to a new, secure wallet. Then, disable the compromised wallet and create a new one with a new recovery phrase.
Conclusion
Setting up Petra Wallet is a simple process that empowers you to securely manage digital assets on the Aptos network. By following the steps above and prioritizing the safety of your recovery phrase, you can confidently explore decentralized applications and manage your cryptocurrency portfolio. Always stay vigilant against potential scams and keep your software updated for the best experience.