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What is Sei Wallet? How to use Sei Wallets

What is Sei wallet? Where to create Sei wallets? What kind of Sei wallets are there? Everything will be covered in this detailed guide to using Sei wallets.
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linhha
2 min read
Published Nov 05 2022
Updated May 30 2024
what is sei wallet

What is Sei Wallet?

A Sei wallet is where SEI tokens are stored on the Sei blockchain. You can send and receive SEI, as well as participate in the testnet version of this blockchain. The wallet is owned by its user and no other party has access to it.

A Sei wallet has 3 crucial information you must note down:

Wallet address
Passphrase
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Private Key

How to create Sei Wallets on Mobile devices

The Coin98 Super Wallet is available for both iOS and Android users: https://coin98.com/wallet

Activate the Sei blockchain

Step 1: Open the application, click More → Active Blockchain.

Step 2: Choose the Sei testnet blockchain and click Confirm.

Create a Sei wallet

Step 1: Open the Coin98 Super App, then click Manage on the homescreen.

Step 2: Click Add Wallet, then choose the Sei (SEI) icon, or the Multi-chain option to own wallets on different blockchains with only one Passphrase (recommended). Click Create.

create sei wallet

Step 3: Name the wallet (something you can easily 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. Keep the key in a safe place and do not disclose it to anyone, otherwise, your account is at risk of being stolen.
Tick ​​the two remaining boxes to confirm that you understand the risks if you lose your Passphrase.

Click Create Wallet.

create sei wallet 2

Once finished, you can go to Manage → Manage All Wallets to check the newly created Sei wallet.

How to use Sei Wallets

Use the Faucet to get SEI testnet tokens

To get SEI testnet tokens, follow these steps:

Step 1: At the Coin98 Super App home screen, click More → Faucet.

Step 2: Click the Sei network icon. The system will require logging in to Discord.

how to use sei wallet

Step 3: After logging in, you’ll be redirected to the devnet-faucet channel in Sei’s Discord server. Insert the following commands:

“faucet!ust2 Sei wallet address” to get UST2 testnet tokens.
“Faucet!ETH wallet address” to get aUSDC testnet tokens on the Ethereum testnet blockchain.

Receive SEI tokens

Receiving tokens is similar on the mobile and desktop versions, therefore, you can follow these steps for both.

Step 1: Click the Sei wallet on the home screen.

Step 2: Click Receive.

Step 3: Copy the wallet address or use the QR code, then send tokens to this address.

receive sei token

Send SEI tokens

Receiving tokens is similar on the mobile and desktop versions, therefore, you can follow these steps for both.

Step 1: Click the Sei wallet on the home screen.

Step 2: Click Send.

Step 3: Choose the token and insert the amount, as well as the recipient’s wallet address. Adjust the Gas slider as preferred, then slide the Send bar to confirm.

send sei token

You can also click Send on the home screen, then choose the wallet that contains the token you want to send.

Note: The gas fee on the Sei blockchain is paid with SEI, nearly 0.001 SEI per transaction.