Install the app, tap Create Wallet, set a 6-digit PIN and choose Seed Phrase Wallet. Then back up the 12-word recovery phrase. After the backup, THORWallet shows your addresses and you can receive funds.
On this page
THORWallet is a self-custody wallet. The keys are created on your device and only you hold them. The setup has four parts: install the app, create a wallet, back it up, receive funds.
Before you start
- Install the app on your iPhone or Android phone. See How to install THORWallet.
- Have pen and paper ready for the recovery phrase.
- Do the setup in private. Nobody should see your screen.
Set up your wallet
- Open THORWallet and tap Create Wallet.
- Choose a 6-digit PIN. Enter it a second time to confirm it.
- Tap Seed Phrase Wallet. THORWallet creates the wallet on your device.
- If your phone supports biometrics, tap Enable biometrics or Skip.
- On the Wallet screen, tap Backup your wallet. Write down the 12 words and confirm them in the correct order.
The full steps are in How to create a wallet or add another wallet and How to back up your recovery phrase.
Until the backup is done, THORWallet does not show your addresses, so nobody can send you funds yet. If you lose the phone before the backup, the wallet cannot be recovered.
Wallet types
| Type | How it works | Backup |
|---|---|---|
| Seed Phrase Wallet | One device signs. | A 12-word recovery phrase. |
| Multi-device vault (Multisig Wallet in the app) | Several of your own devices sign together. Setup needs at least 2 devices. | One backup file per device. There is no recovery phrase. |
If you want a vault, read Multi-device vaults first.
Find your way around
| On the Wallet screen | What it does |
|---|---|
| Wallet name above the balance | Switch wallets, create or import another wallet. |
| Buy, Swap, Connect, Address | Buy crypto, swap, connect to other apps, see all your addresses. |
| An asset in the list | Opens the asset with Send, Receive, Swap and Explore. |
| Icons at the top | Activity (your transactions), search, QR scanner, support chat and Settings. |
If something goes wrong
The app shows "Finish your earlier setup"
The phone still holds a wallet from a setup that was not finished. Enter the PIN you chose during that setup to continue. If you do not remember it, choose Start over. THORWallet then removes the unfinished wallet from the device.
You already have a wallet
Tap Import Wallet on the first screen instead of Create Wallet. See Restore a wallet from a recovery phrase.
You need help
Open the support chat with the support icon at the top of the Wallet screen, or write to info@thorwallet.org. Support will never ask for your recovery phrase.
Related
- How to receive crypto
- How to send crypto
- Supported networks and tokens
- Download THORWallet
- Guide: How to move crypto from an exchange to your own wallet
- Guide: How to buy crypto straight into your own wallet
Common questions
Do I need an account or an email address?
No. THORWallet is self-custody. You create the wallet on your own device and there is no sign-up.
Is THORWallet free?
Yes. The app is free and there is no subscription. Creating a wallet, holding assets and receiving cost nothing. When you send, you pay the network fee of the chain.
Why can I not see my address yet?
A new wallet must be backed up first. Tap Backup your wallet on the Wallet screen and finish the backup. After that the Address and Receive buttons work.
Can THORWallet recover my wallet if I lose my phone?
No. THORWallet does not store your recovery phrase or your keys. Only the recovery phrase restores a seed wallet.
Which wallet type should I choose?
Seed Phrase Wallet works on one device and is backed up with 12 words. A multi-device vault needs at least two devices that sign together and has no recovery phrase.
Thank you.
Sorry about that. Chat with support inside the app, or write to info@thorwallet.org. Support will never ask for your recovery phrase.