What is Casper Wallet? How to use a Casper Wallet

Casper is a blockchain using the Proof of Stake mechanism, applied to Casper CBC (Correct-by-Construction) technology, with the aim of helping businesses and developers to access blockchain technology easily.

Casper allows choosing between a public network, a permissioned network, or a private network depending on their security preferences, without compromising security or performance. capacity. This has attracted many businesses and Web3 applications to develop partnerships with Casper.

To be able to skin in this blockchain, of course, you will need a Casper Wallet. I will show you the details on how to create a Casper Wallet.

What is Casper Wallet?

The Casper wallet is where CSPR tokens are stored on the Casper blockchain. You can send and receive CSPR tokens as well as interact with applications on the Casper platform. In particular, this wallet is owned by you, so no one has the right to influence or use the wallet other than you.

What is included in a Casper Wallet address?

A Casper Wallet has 3 extremely important pieces of information you must take note:

• Wallet address: A sequence of numbers and characters used to send assets to the Casper wallet. Others can transfer coins to you through the wallet address you provide. A Casper (CSPR) wallet address will have the following format: 01211df5ce5fdfcd4e6b6f7d0a24c7eb941d5dfe32447d8cc15e7f773113f7a77f.
• Passphrase: A security key that can be understood as a password consisting of any 12 English keywords. If you want to perform the wallet recovery operation, you must go through the Passphrase login step. Format of a Passphrase: entire annual slow album wisdom snow slice reject pony flower middle under.
• Private Key: A string of letters and numbers to connect to the account, quite similar to the password of a bank account. Format of a Private Key: 4uUdETeid1pLc7weKYxgwzEaFvefw6jRoztqrvMRhu6CZbFD2Y2QEfv9agPBxmKjWzvDRA9ZzGVAT2GcRvEEo3DY

To visualize, you can imagine that the Casper wallet is a bank account, the wallet address is the account number and the passphrase is the password.

The difference here is that with a bank account, other people will know your personal information. As for the Casper wallet, the user becomes anonymous, no one knows who owns the wallet, and transactions only occur through the address encoded into a sequence of numbers and characters.

Casper Wallet Review

There are many wallets on the market that support creating the Casper blockchain. Let's take a look at some outstanding Casper wallets in the crypto world.

Coin98 Super App

Coin98 Super App is a well-known super app containing crypto services, and it is the gateway of DeFi & Web3. After installing the Coin98 Super App, you can experience many of its features such as Dapp Browser, Terminal toolkit, Coin98 Staking,...  

Because it is a decentralized wallet platform, users are in complete control of their assets, no one has access to your wallet, including the developers. You can rest assured when storing CSPR tokens here.

Learn more: What is Coin98 Super App?

Casper Signer 

Casper Signer is a CSPR wallet, that lets you sign deploys on the Casper Network to perform actions like staking and sending your tokens to another person or an exchange account.

Create Casper Signer wallet here: cspr.live

How to create a Casper Wallet on Mobile

This tutorial will guide you on how to create a new Casper wallet on both the mobile and desktop interfaces, so you can also install both to flexibly switch use.

Download and access the app Coin98 Super App

Casper wallet is now available on the Coin98 Super App for both iOS and Android users.

After downloading the app, open the Coin98 Super App application and select the language you want to use before directly accessing the wallet interface.

At this interface, you can create a new wallet or restore an existing wallet from other wallet applications to the Coin98 Super App.

Create the Casper wallet (CSPR)

Step 1: Open the application, at the homepage click the Wallet icon → Manage.

Step 2: Click Add Wallet and click on the Casper (CSPR) icon to create a Casper Wallet, or you can choose to create a Multi-chain wallet to own more wallets with just one passphrase (recommended) → Create.

Step 3: Create a name for the wallet (name it something that you can remember or is convenient for later use). Click Next. 

Step 4: Back up the Passphrase in a safe place.

Note: These are CRUCIAL information that directly affects control over your assets.

• Copy and paste the Passphrase into the Confirmation box.
• Tick ​​the Backup your recovery key box and click on the copy icon to confirm that you have saved your Passphrase/Private key. You must save the security key in a safe place and do not disclose it to anyone. Otherwise, your account is at risk of being stolen if someone knows these sequences of characters.
• Tick ​​the two remaining boxes to confirm that you understand the risks if you lose your Passphrase.

Click Create Wallet.

Once done, you can also go to Manage → Manage All Wallets to check the newly created Casper wallet. 

How to create a Casper Wallet on Desktop

Coin98 Extension Wallet Installation instructions

You can access chrome.coin98.com to install the Coin98 Extension Wallet.

For instructions on installing and using Coin98 Extension Wallet, you can refer to this guide here.

Create the Casper wallet (CSPR)  

Step 1: Open the Coin98 Extension Wallet and insert your password. At the main interface, click Manage. Click Add Wallet.

Step 2: Select the Casper icon → Create Wallet.

Step 3: Create a name for the wallet (name it something that you can remember or is convenient for later use). Click Next.

Step 4: Backup the Passphrase/Private key in a safe place.

Select Create Wallet.

How to use the Casper Wallet

Add tokens

This process is similar on both the mobile version and the extension, so you can follow these steps for both.

Step 1: Click the Casper wallet on the main screen.

Step 2: Click Receive.

Step 3: Copy the wallet address or use the QR code address and send your assets to this address.

Send tokens

This operation works the same on both the Coin98 Super App and the Coin98 Extension Wallet. I will give an example of how to send CSPR stored in the mobile wallet.

Step 1: Click the Casper wallet.

Step 2: Choose Send.

Step 3: Select the token, insert the number of tokens you want to send & the wallet address to send to. Adjust the Gas fee slider to suit your needs → Slide the Send bar to confirm. 

In addition, you can also go to the Send section in the main interface, select the Casper wallet you want to send from.

Note:

• The gas fee for each transaction is paid with CSPR token. 
• The default gas fee on the Coin98 Super App has been set at the standard rate that offers the most optimized speed at a reasonable cost.

Use the Casper Wallet Explorer to check the transaction history

Casper Wallet Explorer is the Casper ecosystem explorer, allowing access to information such as wallet addresses, cryptocurrency transactions, smart contracts, etc. Complex data is easier to grasp now than ever before.

Casper Explorers that are commonly used by many users is cspr.live.

Some notes when using the Casper wallet

Is it safe to store CSPR tokens in the Casper wallet?

Coin98 Wallet is a non-custodial wallet, that is, full control of assets belongs to you, no one has access unless you disclose the key to others. Therefore, it is perfectly safe for your assets.

Is there a fee to transfer CSPR tokens?

Sending CSPR tokens from a Casper Wallet will cost the blockchain platform fee in CSPR.  

Is it possible to create multiple Casper wallets?

Yes!  You can create as many Casper wallets as you want. Each wallet will have a different address and passphrase, so remember to save each of them. Each wallet should be named so that you can easily manage them if you create multiple Casper wallets. 

Can Casper wallets store other coins?

Casper wallets can store CSPR tokens supported by the Casper blockchain platform. Otherwise, do not transfer any coins on other blockchain platforms to Casper wallet if you do not want to lose your assets.

What is the best Casper wallet app?

For those who mainly interact with Casper, Casper Signer Wallet will be one of the options worth considering.

For those who use a lot of blockchain platforms, the Coin98 Super App is a great choice for you.

Summary

With the fast development of the crypto market, you will see a series of potential DeFi projects appearing on Casper. We hope the tutorial can help you to easily create and use the Casper (CSPR) Wallet on Coin98 Wallet.

If you have any questions regarding this tutorial, don't hesitate to leave a comment below! The Coin98 team will answer your questions as soon as possible!

See you in our future posts!

Learn more:  What is PlatON Wallet? How to use PlatON Wallet