Create a wallet (Monad)

1. Why You Need a Wallet

To use PancakeSwap on Monad, you need a crypto wallet — it’s your personal vault for digital assets and your passport to DeFi. Without a wallet, you won’t be able to:

  • Swap tokens on Monad

  • Provide liquidity to PancakeSwap’s V2 & V3 Pools

  • Interact with any dApp or store tokens on Monad


2. Wallet Setup Essentials (Security First!)

Crypto wallets give you full control over your assets — but with great power comes great responsibility. Keep your wallet safe by following these best practices:

✅ Do’s
❌ Don’ts

Download from official sources (app stores, verified websites)

❌ Don’t install from random links or DMs

Follow the setup instructions carefully

❌ Don’t rush or skip the backup process

Back up your recovery phrase and store it offline

❌ Don’t screenshot or store it on your phone or computer

Keep your phrase private — it's your only way to recover access

❌ Never share it, even if someone claims to be "support"

✅ Only enter your recovery phrase inside the wallet app

❌ Never input it into websites, popups, or other apps

🧠 Your recovery phrase = access to your wallet


3. Choosing Your Wallet: Mobile vs. Desktop

Not sure which type of wallet to use? Here’s a quick breakdown of mobile vs. desktop/web wallets so you can choose what fits your style:

Feature

Mobile Wallets

Browser/Desktop Wallets

Use case

Swap & track on-the-go

Best for multitasking or deep dApp use

Ease of use

Intuitive, beginner-friendly

Lightweight extensions, quick access

Security

Depends on phone security

Easier hardware wallet integration

Convenience

All-in-one app

More manual, but powerful

Best for...

Casual users, mobile-first traders

Desktop users, more advanced flows

📱 Mobile wallets can offer a smoother experience for trading, managing portfolios, and browsing NFTs — all from your phone.



🔌 WalletConnect-Compatible Options

Using WalletConnect, you can connect wallets to PancakeSwap on Monad — directly from desktop or mobile:

  • Leap wallet

  • Bitget wallet

  • HaHa wallet

  • Backpack, and more

You’ll see a full list of supported wallets when connecting on the PancakeSwap UI via WalletConnect.


4. General Wallet Setup Steps (Quick Guide)

No matter which wallet you choose, the process is generally similar:

  1. Download the wallet app or browser extension from its official source

  2. Launch the app and tap “Create a new wallet”

    • (Or select “Import” if you already have one)

  3. Set a strong password or PIN (if required)

  4. You’ll be shown a recovery phrase (12 or 24 words) —

    Write it down and store it somewhere safe, offline

  5. Confirm your recovery phrase to complete setup

  6. Fund your wallet with MON

    → You’ll need MON to pay for gas fees when swapping or adding liquidity on PancakeSwap

  7. You can bridge assets to Monad using this cross-chain bridge

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