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Ronin Wallet – Guide

Motion by Motion
January 18, 2022
in Axie Infinity Guides, Wallets
0
Ronin Wallet – Guide

A Ronin Wallet is your boarding pass to a new digital nation!

Why do I need it?

A wallet for the Sky Mavis Ronin sidechain, the Ronin wallet allows users to play Axie Infinity and any other applications coming out on Ronin, which is an Ethereum sidechain built specifically for Blockchain games and applications.

You can use a Ronin Wallet to:

  • Purchase, breed and trade within the Axie Infinity Marketplace
  • Manage your digital identity and experience 100% true ownership of your assets
  • Send transactions (like paying scholars) without paying expensive ETH gas fees
  • Provide AXS/ETH or SLP/ETH liquidity pairs on Katana to farm the RON token
  • Stake AXS to earn more AXS

How do I get a Ronin wallet?

A Ronin wallet can be obtained by either using the official Chrome or FireFox browser extensions or by installing the official iOS or Android applications.

Please go to the Sky Mavis wallet portal to choose the option best for you:

https://wallet.roninchain.com/

Please be aware that there are scam applications so only download from the above link!

Setting up the wallet

Once you have downloaded the wallet, open it and click on the “Getting Started” button.

If you already have the Ronin wallet, you may import your wallet using your secret recovery phrase (aka. seedphrase). If you are creating a new account, click on the “I’m new. Let’s get set up!” button.

Next, create a strong password for your new wallet. Click on the “Create Wallet” button once you’ve filled in the passwords.

The most important part: secret recovery phrase / seedphrase!

Click the “Reveal Seed Phrase” button to reveal the 12 English words. This is where you’ll need to write down each word offline, in a notebook or on a piece of paper (and please make copies of it and keep them all safe). The order of the words is important. 

Once you’re done, click on the “Confirm Seed Phrase” button.

Please do not share your secret recovery phrase with anyone!

Once another person has it, they will be able to access your wallet at anytime and anywhere, they can transfer all your assets out of your wallet, including any Axie’s, Land, SLP, AXS etc. Anything in your Ronin wallet can be taken if you do not protect your phrase properly.

It is best to keep the phrase offline, written in a notebook or on paper. Keeping it digitally makes it prone to hacking.

Any risk is easily mitigated by using common sense and following these two simple steps.

To add another layer of security you can purchase a Trezor wallet, this is strongly recommended if you’re going to be investing more then $1000 into the Sky Mavis ecosystem (Staking AXS, providing liquidity or just building out your Axie Infinity assets). 

Up next, write down the phrase into the boxes based on it’s position.

And you’re done! You now have a Ronin wallet.

Tags: Axie InfinityP2EPlay 2 EarnRonin

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