All BiLira users need a Digital Wallet in order to send and receive BiLira tokens on our Platform.
A digital wallet is a special software program that functions just like a regular wallet. You can use these wallets to store your digital assets, to view your account details (balance, transfer history, etc.) and can be accessed through your web browser or mobile phone.
Public and Private keys are two unique sequences central to all blockchains and consist of a combination of numbers and letters.
A Public Key is like an email address or bank account number. You can share this address with others so they can use it to send tokens to your wallet.
A Private Key is like an authenticator/password that gives you full access to complete transactions (transferring tokens) from your wallet to another wallet.
Your public key is available and can be shared with everyone. On the other hand, the Private Key must remain confidential to its owner never to be shared. The Private key protects your data from anyone by storing information as encrypted data. Even if someone gains access to your data, it will remain confidential as you are the only person who knows your Private Key.
The easiest way to sign up for a wallet is either on your web browser or mobile phone. Each wallet is only in control of the owner. We don't hold your keys, your funds, or your information. This means we can't access accounts, recover keys, reset passwords, or reverse transactions. The only way to restore your wallet is by manually or digitally backing up your recovery phrase.
We can not recover your information for you. If you lose your information, it's GONE FOREVER. After you've received your keys and set up a password, we strongly suggest you: Write Your Keys And Password Down. Keep Them Safe. Don't Store Your Keys And Password on Your Computer or Phone.
You can use any wallet that is compatible with ERC-20 token standards, we recommend that you use one of the following three wallets.
MetaMask is a bridge that allows you to access the Ethereum network right in your browser. It includes a secure identity vault, providing a user interface to manage your identities on different sites and complete transactions.