Let me tell you about a wallet I’ve been using—it’s called Nami. Just like your digital toolbox for Cardanom, you can send ADA, stash NFTs, and connect to all sorts of Cardano DApps. Input Output Global (IOG), the brains behind Cardano, bought Nami Wallet on November 1, 2023. IOG plan to keep Nami Wallet as standalone product, so nothing changes for users except maybe some cool upgrades down the line. Over 200,000 people already trust Nami Wallet since its launch in July 2021.
How to Set Up Nami Wallet (Step-by-Step)
- Browse to namiwallet.io using any Chrome-based browser such as Google Chrome, Brave, or Microsoft Edge.
- Download and install the Extension.
- Once installed, you’ll have two options:
- Import an old wallet using your seed phrase.
- Create a fresh wallet (we’ll focus on this).
- To create a new Nami Wallet, you’ll see a 24-word recovery phrase pop up on your screen.
- Write it down exactly in order—pen and paper only! This is your lifeline if something goes wrong. Never share it with anyone.
- Name your wallet and set a password. Keep it simple but secure enough to protect your funds.
- Click “Receive” to find your unique public address.
- Send ADA from an exchange or another wallet to get started.
- Optionally, you can set collateral to ensure smooth transactions when interacting with DApps that require fees.
Nami Wallet is lightweight, fast, and works seamlessly with Cardano DApps like marketplaces and staking platforms. Plus, the interface is so clean even a first-timer won’t feel lost. That’s all, now you’re ready to explore the Cardano ecosystem like a pro! Whether you’re buying NFTs or staking ADA, Nami Wallet has got your back.