Get Started with Coin98 Extension: Set a password and Create your new wallet

How to set up a Password on Coin98 Extension

Coin98 Extension provides users with two password settings options:

• Text Password is the common password and is really easy to set. For text passwords, Coin98 Extension allows users to use at least eight characters, including letters, numbers, at least one uppercase letter, and one special character, the generated password is strong enough and secure.

• Matrix Password is a new generation password. This is considered the difference between Coin98 Extension and other wallet applications on the market. Matrix passwords contain only certain numbers and coordinates, but their security level is very high.

Matrix Password

Step 1: Pick a number (1);

Step 2: Pick a coordinate (2);

Step 3: Click and hold the mouse → Drag around until the (1) number is in the (2) position.

Pros: Even if someone else is looking at the screen, they can not know your password

Note: The Coin98 Extension will be reset if you enter the Matrix Password three times incorrectly. You need to restore your wallet and reset your password from the beginning.

Text Password

Step 1: Enter your password;

Step 2: Enter your password to confirm, then select Setup Password.

How to create the first new Multichain wallet on Coin98 Extension

The Multi-Chain Wallet allows you to store, send & receive many coins/tokens on different blockchains all in one place, with only one Seed Phrase. Users can currently use the Multi-chain Wallet for a total of 100+ blockchains supported on Coin98 Extension.

Once you've successfully set up your password, follow these steps to create your first Multi-chain Wallet on the Coin98 Extension:

Step 1: Choose a wallet type you desire and click Continue. Coin98 Extension supports the following wallet types:

1. Social Wallet: MPC Wallet powered by Ramper

2. Hot Wallet: Non-custodial Wallet is used via Seed Phrase or Private Key

3. Hardware Wallet: Safeguard your digital assets effectively

4. Watch-only: Observe or track the assets of other wallets

This guide will use the Hot wallet type as an example. Select Hot Wallet, then click Continue.

Step 2: Select Multichain → Click Create

Step 3: Name your wallet → Click Next

You can choose the icon on the top right corner to choose Seed Phrase Type. Coin98 supports generating 2 types Seed Phrase: 12 words and 24 words. The 12 words seed phrase is set as default.

Step 4:

• Back up your Seed Phrase & Private Key correctly in the right order and in a safe place. Please note that the Seed Phrase & Private Key are crucial to have access to your wallet and assets;

• Paste the copied Seed Phrase from the previous step into the confirmation box;

• Read the caution carefully and tick to confirm your awareness of the risks if you lose keys;

• Click Create Wallet to complete.

Your new wallet will instantly be displayed on the home screen. You can also access the All Wallets section again to check all your wallets.

To create additional wallets from the second one onward, please click the All Wallet icon at the top-left corner of the home screen → Next, click Add Wallet icon, then follow the same steps as How to create the first new Multichain wallet on Coin98 Extension