The Tezos blockchain's longest-running web3 wallet, Kukai Wallet, has been around since at least 2018. The best wallet for Tezos was developed by Swedish developer Klas Harrysson.
Harrysson's decision to develop DirectAuth, a feature that allowed users to send and receive content using social media identities, was crucial to their path of onboarding more than a million people, and everything began to get more traction at that point.
It began focusing on the Tezos NFT scene, one of the most active environments for 1/1 art in all of cryptocurrency, in 2021. Many of the Kukai Wallet's features are specifically designed for NFT fans, although it also supports other cryptocurrencies like XTZ, USDC, etc.
With Kukai, a Tezos browser-based wallet, users can send and receive digital assets, store NFTs, use dapps, and stake XTZ across the network with just a few clicks.
The program was created by Kukai developers who kept three guiding ideas in mind while doing so: security, community, and reliability.
Also, Kukai offers NFT aficionados a place to store their digital assets while also exploring a variety of collections and apps. The Tezos blockchain offers a variety of initiatives, including games, markets, exchanges, and more, all of which can be found through the wallet app.
NiftyFilm Education Series - How to Create a Kukai Wallet on Tezos
Due to its straightforward design, users can quickly become comfortable with the Kukai wallet. You can use this guide to learn how to use the wallet and explore its features. The processes are completed in a matter of minutes.
The application's user interface is simple, and creating an account is not too difficult. Your seed phrase should appear once you click Create New Wallet.
As an alternative, if you prefer something simpler, you can decide to build a wallet using a social media account (Google Twitter, Facebook, or Reddit). Even though this is a simpler approach, we strongly advise against it for two reasons.
First off, due to the inherent weaknesses of social media networks, it's not the safest way to manage a wallet. This puts your private keys, and consequently, your money, in danger. Second, we urge you to embrace web3's decentralized spirit.
The first step toward becoming a responsible holder in charge of your own finances is learning how to handle your own cryptocurrency wallets. Let's continue the setup instructions now.
Choose a secure password because the program will need it to confirm transactions. Keep in mind that you must meet the necessary password strength in order to move on to the next page.
The final step verifies that creating your wallet was successful. Your public address will be displayed on your screen for transmitting and receiving digital items. Lastly, you can choose to download your Keystore file and use it to get into your Kukai wallet.
You can immediately access MoonPay on Kukai wallet, specifically in the Balances area, denoted by a plus sign ("+"). When you click it, the platform is automatically brought up on the website.
You can choose your own spending limit in any accepted currency. You'll then see a summary of your transaction. The network and processing costs you must pay for validators and MoonPay are also broken down.
When finished, press the Continue button. The full sum can now be paid to get the money in your Kukai wallet. For confirmation of the transaction, check your account.
Purchasing from exchanges that offer them for sale, such as Binance, Coinbase, and others, is an additional way to fund your Kukai wallet. Use your preferred platform to withdraw the tokens, then send them to your public address.
Be aware that purchasing tokens involve transaction costs. Therefore, always keep it in mind as you work.
Yes, due to the incredible security features it has, Kukai is one of the safest wallets to keep your Tezos tokens. The possibility for offline transactions is one of these features. It simply means that you can assign your preferred transaction even without an online connection.
The open-source wallet Kukai makes managing and storing your NFTs straightforward. You can use Kukai to buy, sell, and exchange tokens with other users in a safe and secure setting.
Organize your digital assets and link them to the different websites you frequently visit. It just takes a few minutes to create a new Kukai wallet. You can actually buy and sell NFTs from your wallet in five to ten minutes with just a few mouse clicks on the screen.