All BiLira users need a Digital Wallet in order to send and receive BiLira tokens on our Platform.

What is a Digital Wallet

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. 

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Public and Private Keys

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.

Example Keys

Public:  0x25275C8De8BF0F18590c4De0e87696ecDd8EC368

Private: 607c4b97396ad6f2c455461cacc1fa3b0c751e609140c96579f356cdcb7dd4aa

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.

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Digital Wallet Providers

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. 

Coinbase Wallet (Mobile Only) - https://wallet.coinbase.com/

1. Download the Coinbase Wallet app from the App Store or Google Play.
2. Once the download is complete, open the app and click “Create a new wallet”
3. Pick a unique username. This is how other wallet users can find you and send you tokens
4. Protect your wallet by setting up FaceID, TouchID or passcode. 
5. Safely store your backup phrase. If you lose it you will not be able to access your wallet.
6. You may begin using your Coinbase wallet!

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MyEtherWallet (MEW) (Mobile & Web) - https://mewconnect.myetherwallet.com/

1. Download the MEWconnect app from the App Store or Google Play.
2. Once the download is complete, open the app and click “Create new wallet”
3. Pick a password so no one else but you can unlock your wallet.
4. Type your password again and make sure you remember it.
5. Once your public and private keys have been generated, you must back up your wallet so that you can restore your funds even if you lose this device. 
6. Click the information button on the top left corner and choose “Back up my wallet” to access your backup phrase and write it down somewhere for safekeeping.
7. You may start using your MEWconnect wallet.

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Metamask (Web Only) - https://metamask.io/

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. 

1. You can install the MetaMask add-on in Chrome, Firefox, Opera, and the new Brave browser.
2. Once installed, click on the Metamask extension and create a password for your wallet.
3. Metamask will generate a secret backup phrase consisting of 12 random words. This seed phrase is unique to your wallet and can be used to restore your wallet in case you forget your password. 
4. On the next page, select each phrase in order to make sure it is correct. 
5. You may start using your Metamask wallet.

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Warnings and Suggestions for Wallet Security

• You can share your Public Key with other but never share your Private Key with anyone.
• Never disclose your backup phrase with anyone. Write this phrase on a piece of paper and store it in a secure location.
• You may store your password in a password manager like 1Password but beware that this method can be risky in case of a breach in password manager.
• Please feel free to contact us for any questions. Our email is support@bilira.co . We're here to help