How to Manage Your Crypto Wallet (From the App)

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Managing your digital assets securely and efficiently is essential in today’s Web3 landscape. A powerful, user-friendly crypto wallet not only safeguards your funds but also unlocks access to decentralized finance (DeFi), NFTs, and blockchain exploration. One such solution is a multi-chain, non-custodial wallet that supports seamless interaction across numerous networks and dapps—all from a single interface.

This guide walks you through setting up, securing, and managing your wallet directly from the mobile app. Whether you're creating a new wallet or importing an existing one, we’ll cover every step to help you take full control of your Web3 experience.

👉 Discover how easy it is to start managing your crypto today.

Getting Started with Your Web3 Wallet

To begin, download the OKX app from the App Store or Google Play. Alternatively, scan the QR code on the official website to install the application quickly. Once installed, open the app and navigate to the Wallet section.

From there, you’ll be presented with two options:

Your choice here determines the next steps in securing and accessing your digital assets.

Creating a New Wallet

Creating a new wallet is simple and secure. Follow these steps:

  1. Tap Create Wallet, then choose between a Seed Phrase Wallet or a Hardware Wallet.

    A seed phrase wallet generates your identity using a 12- or 24-word recovery phrase, giving you full control over your funds.
  2. Opt to enable Face ID for faster, biometric access by selecting Enable Now, or tap Maybe Later to skip.
  3. Set a strong wallet password to protect your data and confirm it. This password encrypts your local data and adds an extra layer of security.

  4. Choose your backup method:

    • Cloud Backup: Securely encrypts and stores your seed phrase in the cloud (requires password for recovery).
    • Manual Backup: Lets you write down your seed phrase yourself—recommended for maximum control.
  5. Carefully record your seed phrase in the correct order. Never share it or store it digitally.
  6. Confirm the seed phrase by selecting the words in sequence, then tap Done to finalize setup.

Your wallet is now ready to use across multiple blockchains.

Importing an Existing Wallet

If you already have a crypto wallet, you can import it easily:

  1. Select I Already Have One, then choose your import method:

    • Restore without key
    • Import via seed phrase or private key
    • Cloud backup
    • Hardware wallet
  2. Enter your seed phrase or private key, or connect your hardware wallet via Bluetooth or cloud sync.
  3. Enable Face ID for quicker access (optional).
  4. Set a wallet password to encrypt your local data within the app.

After confirmation, your imported wallet will appear in the dashboard, ready for use.

🔐 Security Tip: Never share your seed phrase or private key. Anyone with access to them can take full control of your funds.

👉 Learn how to securely back up your wallet in minutes.

Viewing or Backing Up Your Seed Phrase or Private Key

You can view or back up your recovery details at any time:

  1. Go to the Home page and tap your wallet name.
  2. Select Manage Wallet.
  3. Choose the specific wallet you want to manage.
  4. Tap Cloud Backup to view or back up your seed phrase or private key.

This feature ensures you always have access to critical recovery information while maintaining strong security protocols.

Note: Accessing sensitive data like seed phrases requires authentication via password or biometrics.

Creating a New Account and Renaming It

A single wallet can generate multiple derived accounts—each sharing the same seed phrase but operating independently across chains.

To create a new account:

  1. From the Total Assets screen, tap your wallet name.
  2. Select Add Account.
  3. Choose the blockchain network (e.g., Ethereum, Bitcoin, Solana) to generate a new address.

To rename a wallet or account:

  1. Tap Manage Wallet.
  2. Select the account you wish to rename.
  3. Edit the display name and tap Confirm.
⚠️ If you need to remove an account, you must delete the entire wallet from the device and re-import it using your seed phrase. Accounts imported via private key cannot create additional derived accounts.

Using a Watch-Only Wallet

A watch-only wallet lets you monitor an external address without importing its private keys. It's ideal for tracking balances, NFTs, DeFi positions, transaction history, and approvals—perfect for auditing or shared financial oversight.

To add a watch-only wallet:

  1. Open the OKX app → Wallet → Add Wallet → Watch-Only Wallet.
  2. Enter the public address or ENS domain name.
  3. Confirm to add it to your dashboard.

Advantages Over Blockchain Explorers:

❗ Important: A watch-only wallet cannot initiate transactions. To send funds or interact with dapps, import the full wallet using the seed phrase or connect a cold wallet.

Discovering Decentralized Apps (dApps)

The Discover page in OKX Web3 Wallet is your gateway to the decentralized ecosystem. Browse top-performing dapps ranked by:

To use a dapp:

  1. Navigate to Discover.
  2. Search for the dapp by name (e.g., Uniswap, Aave, OpenSea).
  3. Tap the result and select Go to {DApp Name} to connect securely.

Once connected, you can swap tokens, stake assets, mint NFTs, or explore new projects—all within a trusted environment.

👉 Start exploring high-yield dapps and DeFi opportunities now.

Frequently Asked Questions (FAQ)

Can I use my wallet on multiple devices?

Yes. You can restore your wallet on another device using your seed phrase or cloud backup. However, always ensure secure handling of recovery information during transfer.

What happens if I lose my seed phrase?

If you lose both your seed phrase and cloud backup password, you will permanently lose access to your funds. Always store your recovery phrase securely offline.

How many blockchains does the wallet support?

The wallet supports over 80 blockchains, including Bitcoin, Ethereum, Solana, BSC, Polygon, Avalanche, Tron, and Arbitrum—automatically detecting networks when connecting to dapps.

Is cloud backup safe?

Yes. Cloud backups are end-to-end encrypted with your wallet password. No one else—including OKX—can access your data without authentication.

Can I connect hardware wallets?

Yes. The app supports integration with hardware wallets via Bluetooth for enhanced security when signing transactions.

What’s the difference between a seed phrase and a private key?

A seed phrase generates all private keys for your wallet across multiple chains. A private key is specific to one address on one blockchain. The seed phrase offers broader recovery capabilities.

Core Keywords: