This is step 1 of our 3 step guide on how to become a project supporter. If you already have an Ethereum wallet, you can skip to step 2 on how to buy ETH on an exchange. To learn more about Cofound.it projects, visit our website.
This guide will show you how to create a new Jaxx Ethereum wallet. The wallet you’ll use to participate in the crowdsale has to be ERC20 compatible. You can skip this step if you already have a Jaxx, MyEtherWallet, Parity, Mist, or MetaMask wallet. If you want to check whether any other existing wallet is compatible, join our telegram chat and we’ll check together!
Jaxx is a quick and easy way to set up a free wallet, so the rest of this guide focuses on using this wallet service.
Download and setup:
NOTE for apple users: Apple can be a bit "slow" when adding the updates to the store. Each token Jaxx adds to the wallet is essentially new update for the mobile app, and Apple needs to approve it - so we can expect that some tokens will not be visible in Jaxx wallet on the iOS app prior pre-slae start.
To download Jaxx go to https://jaxx.io and click on button in the upper right corner of the page. This guide will describe the installation of the windows desktop edition. So download appropriate Jaxx edition based on your OS.
When you download for windows, you will get a zip file. Create new folder on your desktop, and extract the contents of the zip file into it. You will end up with jaxx-assets folder and Jaxx.exe file. Doubble-click the exe file to begin.
When you download for OS X, you will get a dmg file - just install it and execute the application.
Select "CREATE NEW WALLET" and click "continue".
We will be selecting which crypto currencies and tokens we would like to have in Jaxx as we go, as well as setting up security PIN, so select "CUSTOM" and proceed.
On the next screen choose your crypto currencies and tokens you would like to see in Jaxx.
Then select your FIAT currency to represent the actual value of your portfolio.
Since this is your new Jaxx wallet, we will create a backup phrase. Mark the checkbox in the lower left corner and click "CONTINUE".
Write down your backup phrase and store it in a secure location. You will need it to pair your Jaxx phone app with your wallet or to recover your Jaxx wallet in case you remove it. Click "CONTINUE"when finished.
Confirm your backup phrase on the next screen and click "NEXT".
Now mark the check-box in the lower left corner and continue to set your security PIN number.
Choose your PIN (remember it) and continue
Then verify your PIN number and continue.
After a while, your Jaxx will open. Let's see what is what...
- Switch between currencies and tokens
- Shapeshift from one currency/token into another (currency conversion)
- Your wallet address for selected currency/token - on the picture I have selected BTC, so this is my BTC wallet address. When you change the currency, the address wallet is also changed.
- Your current balance of selected currency/token
- Your current balance of selected currency/token represented in your native FIAT currency
On the right side, you can see transaction history - we will cover this part later in the guide.
In the right upper corner, you can access your MENU where you can make changes to your account, WALLETS where you can add additional wallets for different currencies/tokens and CURRENCY where you can change your FIAT currency.
For more information check the HELP section under MENU or go to Jaxx knowledge base.
To check your wallet ETH balance, open Jaxx, select ETH wallet from the top list of currencies.
You will see your current ETH public wallet address and balance. This public address (starting with 0x) is similar to your traditional bank account number, so it’s ok to let others know your public account address if they want to send you ETH or tokens. Just keep in mind that you should never share your backup phrase, PIN number, or private key — the private key is the lock that keeps your wallet safe and others don’t need to know it to send you funds, all they need to know is your public wallet address.
For more information regarding Jaxx wallet functionality, you can read about here.
In the next step, you’ll learn how to use your public wallet address on an exchange website to fill your new Ethereum wallet with Ether (ETH).