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Create a Wallet
To get started with Palmswap, you must first set up a wallet that supports Binance Smart Chain (BSC). Wallets are available on both, desktop computers and smartphone devices. You need to choose the wallet that suits your needs.
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.
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.
Text | Mobile | Desktop |
|---|---|---|
Use anywhere | ✅ | ➖ |
Easy to use | ✅ | ➖ |
More secure | ➖ | ✅ |
Accessibility friendly | ➖ | ✅ |
Damage/loss/theft resistant | ➖ | ✅ |
Power/connection outage resistant | ✅ | ➖ |
Here you can find the wallet we recommend, it is user-friendly, especially to new users who are going to make their first experience with desktop wallets.
Metamask
Coinbase Wallet
Trust Wallet
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB 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 BNB Smart Chain and Palmswap
- Extra information and settings may confuse beginners
Millions of users choose Coinbase Wallet to earn yield with DeFi, swap more than 5,500 assets, and hold their NFT collections. Coinbase wallet supports BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Highlights:
- Most downloaded mobile dapp wallet in the United States with 12M+ active Wallet users.
- No additional steps needed to use with BNB Smart Chain and Palmswap.
- Premier audience: Up to 89M+ Coinbase retail app users to onboard to Coinbase Wallet as they start to explore web3.
- Easy to transfer assets from Coinbase retail app.
- Fiat On-ramp: Users can now directly purchase crypto with fiat in all 86 countries where Coinbase operates, without leaving Wallet.
- Industry leading security with secure cloud backup.
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
Last modified 2mo ago