How to Create and Connect Wallet to Kalp Studio?

Creating or connecting a wallet on Kalp Studio is a straightforward process designed to ensure that users can manage their digital assets securely and efficiently. Here is a detailed guide to help you through each step of the process.

Step-by-Step Guide

1. Access the Wallet Section

• Navigate to the Wallet Section: After logging into Kalp Studio, go to the sidebar menu and click on the 'Wallet' option.

2. Add a New Wallet

• Initiate Wallet Creation: Click on the "+ Connect Wallet" button. This will open the wallet creation interface.

• When the user clicks on the "Connect Wallet" button in the top navigation or within the wallet module, a pop-up will appear for connecting the wallet. The user then selects the "Create New Wallet" option.

3. Choose Wallet Type

• Select Wallet Type: You will be presented with options to choose the type of wallet. Kalp Studio supports multiple types of wallets such as:

  • Self Custody Wallet

  • Custodial Wallet

  • MPC Wallet

Self Custody Wallet

Self Custody Wallet: For this guide, we select 'Self Custody Wallet'. Click 'Continue' to proceed.

1. Configure the Wallet

• Select Blockchain and Network: Choose the appropriate blockchain and network for your wallet. This ensures compatibility and proper functionality of your wallet within the ecosystem.

• Click 'Continue' after making your selections.

2. Generate Seed Phrase

• Secret Recovery Phrase: You will be provided with a 15-word seed phrase. This phrase is crucial for the security and recovery of your wallet.

• Save the Seed Phrase: Write down the seed phrase and store it securely. It is recommended to:

  • Save it in a password manager.

  • Store it in a secure deposit box.

  • Write it down and hide copies in multiple secret spots.

• Do Not Share: Never share your seed phrase with anyone.

3. Confirm Seed Phrase

• Verification: To ensure you have correctly noted the seed phrase, you will need to confirm it by selecting each word in the correct order.

• Click 'Continue' after confirmation.

After jotting down the seed phrase, you need to arrange the words accordingly. 

4. Wallet Creation Successful

• Wallet Details: Once the seed phrase is confirmed, your wallet will be successfully created. You will be provided with your private and public keys.

• Copy and Secure: Copy these keys and store them securely. Your private key should be kept confidential.

5. Connect an External Wallet

• Select a Provider: If you wish to connect an external wallet, you can select from various providers like Gemini, Binance, BitGo, etc.

• Setup and Connect: Follow the provider's instructions to set up and connect your wallet. Once connected, it will be available for use within Kalp Studio.

Select MPC Wallet

Step 1: Access the Wallet Section

• Begin by logging into your KALP Studio account.

• On the left-hand menu, navigate to the Wallet section.

Step 2: Configure Your Wallet

• After selecting the wallet type, you will be asked to choose the blockchain and network for your wallet.

  • Blockchain: Select the appropriate blockchain, such as KALP.

  • Network: Choose between Testnet (for testing purposes) or Mainnet (for live transactions).

• Once your selections are made, click Continue.

Step 3: Sign In for Verification

• To proceed, you need to sign in or verify your account. You will see a prompt to sign in with Google or enter your email address.

• Enter your details, and you may be asked to verify your email by entering a code sent to your inbox.

Step 4: Wallet Creation Confirmation

• Upon successful verification, your wallet will be created.

• A confirmation message will appear, indicating that the wallet has been created successfully.

• The platform will also credit your wallet with a certain amount of tokens (e.g., 50 Gini) for initial transactions or activities on the platform.

By following the steps outlined in this guide, you can set up various types of wallets, including Self Custody, Custodial, and MPC wallets. Each wallet type offers unique benefits tailored to different needs and preferences.