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Oxalus Insights

How to Manage Multiple Wallets with Oxalus Wallet

Product Sep 24 2022
How to Manage Multiple Wallets with Oxalus Wallet

Since the first boom in 2017, the crypto market has gradually been accepted in many countries and reached more users. Besides, a series of new blockchains have been developed with convenient tools and infrastructures to serve a large number of new users, one of which is crypto wallets.

A Crypto wallet is one of the indispensable tools for Web3 users today. In addition to basic uses such as storing and exchanging tokens, they are also the key for users to connect to decentralized applications. Most of the best crypto wallets today support multiple wallets, which means you can create and manage hundreds of crypto wallets with just one account. In this article, we will help you better understand multiple wallets and how to manage them.

What Is A Multi-Wallet Account?

A multi-wallet account is an account that can contain more than one wallet address. In other words, it is a crypto wallet in which you can create and manage many different wallet addresses with just one account. The great benefit of this wallet is that you can manage everything from one place without having to spend a lot of time logging into different accounts.

Is It Normal To Use Multi-Wallet Account?

Of course, using a multiple-wallet account is a very common thing in the crypto market. There are many wallets that support multiple wallets such as Oxalus, Metamask, or Coin98. These wallets also have the basic functions of a regular crypto wallet such as storing, transferring, or interacting with dApps. If you are an investor or trader, this is an essential tool for you to start trading.

How to Create, Import, and Connect Multiple Wallets With “Oxalus Wallet”?

If you’re a newbie just get started with Oxalus Wallet, follow these steps to “Import wallet“:

  • Choose between two import methods: Import secret phrases and Import private key.
  • Enter your secret phrases/private key in the blank and click Next.
  • Enter and confirm the password for the wallet. This password will be applied every time you access the Oxalus Wallet app to protect your assets. Enable Fingerprint/Enable FaceID is enabled by default to help you access the app more conveniently.
  • After choosing your password, click Next.
  • Click Get Started to start using your wallet
Oxalus - Import Wallet for Beginner

Step 1

Open the “Account” tab, and select the “Manage Wallet” button.

Step 2

On the “Manage Wallet” screen, tap on the “+” button to create a new wallet or import an existing wallet

Step 3

Create a new wallet:

  • Click on the “Create a new wallet” button to generate an additional wallet under the same secret phrase as your wallet 1.

Import wallet

  • Click on the “Import Private Key” button or “Import secret phrase” to add an existing wallet.
Create new wallet

How Can I Customize My Wallet Profile & Switch To A Different Wallet?

Easy steps to customize your wallet:

In the “Manage” section, you can see all your available wallets. Select the wallet you want to modify and press “Edit”. In this dashboard, you can:

  • Tap your wallet name and change it to the new one.
  • Choose from any of our available colorful packs to change your wallet theme.

When you import or create multiple wallets, you can switch between them without having to log out and log back in.

Customize My Wallet Profile

You can also easily switch to another wallet by

  • Long pressing the “Account” tab on the bottom navigation.
  • Select desired wallet. And done! 
Switch Wallet

Frequently Asked Questions

1. How many wallets I can import or create? 

The number of wallets you can create or add to Oxalus is unlimited.

2. Can I choose a secret phrase to generate other wallets on Oxalus Wallet?

No, you can’t not. For security purposes, we always take the first secret phrase created or imported into Oxalus to generate other wallets.

3. How do I remove my wallet on my device?

At the wallet which you want to remove, go to “Manage Wallet” and click “Remove”. 

Please note once removing the wallet only deletes this wallet from your iPhone or Android device and will not permanently delete the wallet. That wallet still exists on the blockchain.

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