Set up a Web3 wallet
To be able to buy and hold crypto tokens, you need a Web3 wallet. Follow the guide below to create yours:
Step 1: Download a Wallet App
First, you’ll need a crypto wallet to interact with the decentralized world. One of the most popular choices is MetaMask, which is available as both a browser extension and a mobile app. To get started:
Step 2: Create a New Wallet
Important: During wallet creation, you will receive a seed phrase—a string of 12-24 random words. This is your wallet’s backup. Make sure to store this somewhere safe, like a password manager or a physical copy in a secure location. If you lose this phrase, you won’t be able to recover your wallet. Confirm that you've securely saved your seed phrase before proceeding!
Step 3: Add Polygon (POL) Network to MetaMask
MetaMask supports multiple blockchain networks, but you'll need to manually add the Polygon (POL) network to interact with it.
Here’s how to do that:
GUIDE: HOW TO GET IXT
GUIDE: SECURITY IN WEB3
Some good words to know before you start:
Crypto: Digital currency using cryptography for security.
Blockchain: A secure, public ledger of transactions.
Layer 2 Chain: A faster, cheaper network built on top of a blockchain.
Polygon: A Layer 2 network for scaling Ethereum.
POL/MATIC: The native token of the Polygon network.
IXT: Planet IX native token used for in-app exchanges and rewards.
NFT: A unique digital item stored on the blockchain.
Wallet: A digital tool for storing and managing crypto.
CEX: (Centralized Exchange) a centralized platform for trading crypto.
DEX: (Decentralized Exchange) a decentralized platform for trading crypto.
Stake: Locking crypto to earn rewards or support the network.
Seed Phrase: A set of words used to recover your crypto wallet.
HODL: Hold onto crypto long-term, despite price change.
Meme Coin: A fun, joke-based cryptocurrency with viral appeal.