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Step-by-step Cryptocurrency Wallet Setup Guide

Last updated: 8/3/2018

A cryptocurrency wallet is a secure digital wallet used to store, send and receive digital currencies. This is similar to a bank account and is represented by a public and private key that is unique to each user. These accounts are protected by secret phrases that should be stored too ensure future access to crypto funds or they will be lost.

There are many different wallet solutions that support holding crypto currencies, some hardware and software with a variety of pros and cons for each. While ProMining does not endorse or support any of the following technologies this guide will help to create and backup user’s wallet for ProMining supported currencies.

A wallet can be created on either a mobile device or desktop computer. Depending on individual preferences use the below guide.

Contents

Mobile Cryptocurrency Wallet Setup for Coinomi

Installing Coinomi

Getting your wallet address with Coinomi for Ethereum (ETH)

Getting your wallet address with Coinomi for Ethereum Classic (ETC)

Getting your wallet address with Coinomi for ZCash (ZEC)

Getting your wallet address with Coinomi for BitcoinGold (BTG)

Getting your wallet address with Coinomi for Electroneum (ETN)

Getting your wallet address with Coinomi for Monero (XMR)

Desktop Cryptocurrency Wallet Setup for Exodus (Windows, Mac and Linux)

Downloading Exodus

Installing Exodus on Windows

Installing Exodus on Mac

Adding (Show/Hide) Currencies to Exodus

Backing up your wallet with Exodus

Getting your wallet address with Exodus for Ethereum (ETH)

Getting your wallet address with Exodus for Ethereum Classic (ETC)

Getting your wallet address with Exodus for ZCash (ZEC)

Getting your wallet address with Exodus for BitcoinGold (BTG)

Getting your wallet address with Exodus for Electroneum (ETN)

Getting your wallet address with Exodus for Monero (XMR)

Mobile Cryptocurrency Wallet Setup for Coinomi

Coinomi is a free and easy to use cross-platform mobile application that has support for hundreds of different digital currencies, including most major cryptocurrencies and many altcoins. Currently Coinomi does not support Monero, see Monero (XMR) Cryptocurrency Wallet Setup if you will be mining Monero. Coinomi is free and uses in-app advertising to fund development and on-going support. For more information on Coinomi visit https://www.coinomi.com/.

Installing Coinomi

Coinomi Wallet is available for iOS and Android. The app can be downloaded on the iTunes Store or Google Play depending on your mobile device.

Once the application has been installed and launched the user will be promoted to either Create a New Wallet or Restore a Wallet:



Select Create a New Wallet and a Recovery Phrase will be displayed that is specific to you. You must back this phrase up in order to maintain access to your various accounts. Do not share or send this information digitally to anyone. This is the keys to your account. Once saved select “I have safely stored my recovery phrase” and choose Next:



Next, you will have to confirm your Recovery Phase by selecting the words in order that were displayed on the previous screen. Select each word and then Next to move forward:



Create a strong password to keep your account protected. This will be used to log in to Coinomi app, but cannot be used to recover your account if the recovery phrase is lost:



Select which currencies you want to add into your wallet and select next:



Review and accept the Terms of Service.

Notifications can be turned on to get alerts when deposits are made to your wallet:



The main Wallet Overview will display all the wallets that have been added to your account and the total balances:



The top left menu will give you access to exchanges and your different currency accounts based on what was selected during the setup process:



To add additional coins to your account, select the top left menu and choose the + Coin option at the bottom.

Getting your wallet address with Coinomi for Ethereum (ETH)

You will need your wallet address for your Ethereum account to have mining proceeds deposited into your account. Access the Ethereum wallet from the Wallet Overview page:



From the Balance screen select the Receive tab at the bottom of the screen. My address will be displayed which represents your wallet address for Ethereum:



Selecting the share icon on the top right will allow the address to be copied or emailed so it can be inserted into your wallet profile in the ProMining Dashboard:



The format of Ethereum Wallet Addresses should start with 0x and should be followed by 40 numbers and letters, for example: 0x818e420ceEe6C9A8C1d3E0bCB2D73299dfFe1116.

Getting your wallet address with Coinomi for Ethereum Classic (ETC)

You will need your wallet address for your Ethereum Classic account to have mining proceeds deposited into your account. Access the Ethereum Classic wallet from the Wallet Overview page:



From the Balance screen select the Receive tab at the bottom of the screen. My address will be displayed which represents your wallet address for Ethereum Classic:



Selecting the share icon on the top right will allow the address to be copied or emailed so it can be inserted into your wallet profile in the ProMining Dashboard:



The format of Ethereum Classic Wallet Addresses should start with 0x and should be followed by 40 numbers and letters, for example: 0x818e420ceEe6C9A8C1d3E0bCB2D73299dfFe1116.

Getting your wallet address with Coinomi for ZCash (ZEC)

You will need your wallet address for your ZCash account to have mining proceeds deposited into your account. Access the ZCash wallet from the Wallet Overview page:



From the Balance screen select the Receive tab at the bottom of the screen. My address will be displayed which represents your wallet address for ZCash:



Selecting the share icon on the top right will allow the address to be copied or emailed so it can be inserted into your wallet profile in the ProMining Dashboard:



The format of Zcash Wallet Addresses should start with a t is a 36 characters long string beginning with t, for example: t1UYecKRKgyJ46RSNJDz8yNCziFSiKJtqQH. For more information on Zcash see https://z.cash/support/faq.html

Getting your wallet address with Coinomi for BitcoinGold (BTG)

You will need your wallet address for your BitcoinGold account to have mining proceeds deposited into your account. Access the BitcoinGold wallet from the Wallet Overview page:



From the Balance screen select the Receive tab at the bottom of the screen. My address will be displayed which represents your wallet address for BitcoinGold:



Selecting the share icon on the top right will allow the address to be copied or emailed so it can be inserted into your wallet profile in the ProMining Dashboard:



For more information on BitcoinGold see https://bitcoingold.org/.

Getting your wallet address with Coinomi for Electroneum (ETN)

You will need your wallet address for your Electroneum account to have mining proceeds deposited into your account. Access the Electroneum wallet from the Wallet Overview page:



From the Balance screen select the Receive tab at the bottom of the screen. My address will be displayed which represents your wallet address for Electroneum:



Selecting the share icon on the top right will allow the address to be copied or emailed so it can be inserted into your wallet profile in the ProMining Dashboard:



For more information on Electroneum see https://www.electroneum.com.

You can also create a wallet from Electroneum’s website. To create a wallet with Electroneum, you can visit https://my.electroneum.com/register and setup an account with your email address and phone number. On the main page of your account you will have a Public Wallet Address, select Click to Copy. Use this address to create your wallet profile in the ProMining Dashboard.

Getting your wallet address with Coinomi for Monero (XMR)

Coinomi does not have support for Monero. See Monero (XMR) Cryptocurrency Wallet Setup if mining Monero.



Desktop Cryptocurrency Wallet Setup for Exodus (Windows, Mac and Linux)

Exodus is a free and easy to use desktop application that has support for hundreds of different digital currencies. Currently Exodus does not support Monero or Electroneum, see the Coinomi mobile instructions if you will be mining Electroneum, see Monero (XMR) Cryptocurrency Wallet Setup if you will be mining Monero. For more information on Exodus visit https://www.exodus.io/.

Downloading Exodus

Exodus is available for Windows (64 bit), Mac and Linux. The application can be downloaded from https://www.exodus.io/releases by selecting the appropriate download platform on the right-hand side of the releases page:



If you are having trouble with installing Exodus, see https://support.exodus.io/article/36-how-do-i-install-exodus for details.

Installing Exodus on Windows

Note! Exodus only runs on 64-bit systems.

Once the application has been downloaded located the exe file on your computer and click to run it. Once installed the following message will appear:



Find the application on your desktop or in the start menu. See Adding (Show/Hide) Currencies to Exodus to continue the setup process.

Installing Exodus on Mac

Once the application has been downloaded locate the dmg file and click to open it. You will be presented with an install screen, drag the Exodus icon into the Applications folder:



Once Exodus has been copied into your applications folder select the launchpad and click the icon to run the application:



Note, if the application doesn’t automatically install on your desktop, go to the Apple icon on the top left-hand corner and select Systems preferences  Security & Privacy and click on install unknown programs

When the application loads you will receive the following message, select Open:



You will then be taken to the main Exodus application:



Adding (Show/Hide) Currencies to Exodus

To show or hide different currencies access the Settings menu located on the bottom left of the Exodus application:



From this screen you can toggle on and off which currencies you want to see in your portfolio.

Backing up your wallet with Exodus

It is very important to backup exodus or you could lose access to your account. Exodus does not let you create a backup until there has been a deposit into your account:



Once a deposit has been received the Backup process will start and you will be promoted to enter a password:



Enter a strong password, select Next and confirm your password again:



Next you will be presented with your Recovery Phrase. You must back this phrase up in order to maintain access to your various accounts. Do not share or send this information digitally to anyone. This is the keys to your account. Select Next after they have been written down:



Finally, you will be asked to enter an email address as a backup incase you lose your Recovery Phrase:



Enter your email and select Finish. Once complete you should see a Backup Complete screen:



Once the password has been entered each time you access Exodus you will be promoted to enter your password:



Getting your wallet address with Exodus for Ethereum (ETH)

You will need your wallet address for your Ethereum account to have mining proceeds deposited into your account. Access the Ethereum wallet from the Wallet page:



Select Receive in the middle of the screen. Your Ethereum Address will be displayed which represents your wallet address for Ethereum:



From this screen you can copy or email the wallet address, so it can be inserted into your wallet profile in the ProMining Dashboard. The format of Ethereum Wallet Addresses should start with 0x and should be followed by 40 numbers and letters, for example: 0x818e420ceEe6C9A8C1d3E0bCB2D73299dfFe1116.

Getting your wallet address with Exodus for Ethereum Classic (ETC)

You will need your wallet address for your Ethereum Classic account to have mining proceeds deposited into your account. Access the ETH Classic wallet from the Wallet page:



Select Receive in the middle of the screen. Your ETH Classic Address will be displayed which represents your wallet address for Ethereum Classic:



From this screen you can copy or email the wallet address, so it can be inserted into your wallet profile in the ProMining Dashboard. The format of Ethereum Classic Wallet Addresses should start with 0x and should be followed by 40 numbers and letters, for example: 0x818e420ceEe6C9A8C1d3E0bCB2D73299dfFe1116.

Getting your wallet address with Exodus for ZCash (ZEC)

You will need your wallet address for your Zcash account to have mining proceeds deposited into your account. Access the Zcash wallet from the Wallet page:



Select Receive in the middle of the screen. Your Zcash Address will be displayed which represents your wallet address for Zcash:



From this screen you can copy or email the wallet address, so it can be inserted into your wallet profile in the ProMining Dashboard.

The format of Zcash Wallet Addresses should start with a t is a 36 characters long string beginning with t, for example: t1UYecKRKgyJ46RSNJDz8yNCziFSiKJtqQH. For more information on Zcash see https://z.cash/support/faq.html.

Getting your wallet address with Exodus for BitcoinGold (BTG)

You will need your wallet address for your BitcoinGold account to have mining proceeds deposited into your account. Access the BitcoinGold wallet from the Wallet page:



Select Receive in the middle of the screen. Your BitcoinGold Address will be displayed which represents your wallet address for BitcoinGold :



From this screen you can copy or email the wallet address, so it can be inserted into your wallet profile in the ProMining Dashboard.

For more information on BitcoinGold see https://bitcoingold.org/.

Getting your wallet address with Exodus for Electroneum (ETN)

Exodus does not have support for Electroneum. See mobile installation instructions if mining Electroneum.

You can also create a wallet from Electroneum’s website. To create a wallet with Electroneum, you can visit https://my.electroneum.com/register and setup an account with your email address and phone number. On the main page of your account you will have a Public Wallet Address, select Click to Copy. Use this address to create your wallet profile in the ProMining Dashboard.

Getting your wallet address with Exodus for Monero (XMR)

Exodus does not have support for Monero. See Monero (XMR) Cryptocurrency Wallet Setup if mining Monero.



Monero (XMR) Cryptocurrency Wallet Setup

Monero is currently not supported by most wallet applications. If mining Monero you can create an account with My Monero by visiting https://mymonero.com/#/create-your-account:



Read the risk and notes on the page and then scroll down to the Your Private Key section:



The private key being displayed in the web browser is specific to you. You must back this key up in order to maintain access to your Monero account. Do not share or send this information digitally to anyone. This is the keys to your account. Enter the key into the Confirm your Private Login Key text box and select I’ve written down my Private Login Key, log me in!

This will take you to the account overview where you will see your Monero balance and wallet address:



From this screen you can copy the wallet address by clicking on the clipboard icon. It can then be inserted into your wallet profile in the ProMining Dashboard.

The format of Monero Wallet Addresses should be 95 characters long string, for example: 44AY2s5ce92EyjbL7KXXRFAJ9QA9KaZ7m3mwCn1wC78AafqT3jnVwRn8GUmNdyPdQRSkwqhqatB3iTecTZCmSHepCNtyLmM.



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