First of all I want to state that we are presenting a desktop wallet here. As you may know, usually we prefer paper wallets. But because the NEM ecosystem is only starting to grow now, there is no paper wallet we trust completely. This leads us to the official NEM Nano wallet, which we consider as the most secure way to store your XEM tokens at the moment.
What you need
– A USB-drive
– A printer
How to use the NEM desktop wallet step by step
1) Go to the “Get started” section on the official NEM website by using this link: https://nem.io/xem/getting-started-on-nem/. Then click “DOWNLOAD”.
2) On the next page choose your operating system. The download will start automatically.
3) After installation and starting up NanoWallet, you’ll see this. Click “SIGN UP” in the upper right hand corner.
4) Choose to create a simple wallet. You could only use the private key wallet, if you already had a private key.
5) Cut your internet connection like it is recommended on the next page. Click “Ready” if you’re ready.
6) Click “Next” after you have made sure “Mainnet” is selected.
7) After you have chosen a wallet name, go on to the next site.
8) Enter a new password on the next page twice.
9) Read the instructions and click “Start” then.
10) Move the cursor around randomly until the status bar reaches 100 %.
11) Click “Next” once you’re finished.
12) Read the account safety protocol and click “Understood” then.
13) Now download your wallet by clicking “Download wallet”. This file is very important because it can be used to restore your data should anything happen to your computer. So make sure make to make at least one backup of this file which is not located on your PC. Once you’ve done that, click “I have my wallet file”.
14) On the next site, you will be shown your private key. Make sure to make at least two backups at separate places. After that, press “I have my private key and password”.
15) Next up, they remind you again that you should’ve backupped your private key, password and wallet file. And I do the same. Make your you have stored this three files at a secure place.
16) We recommend to create two backups now:
– Put your private key, your password and your wallet file on a separate USB drive you store safely.
– Also create a text file containing the same three which could look like the one in the screenshot below. Print it two times and make sure to store it in a safe place.
Now after we have created two backups outside of your PC, make sure that you erase all copies of your private key, your password and your wallet file from your hard drive.
17) We are basically done now. You can see your NEM address and may choose to login now.
18) Select your previously created wallet, enter your password and click “Sign In” then.
19) Now it’s time to connect to the internet again.
20) Click on “Account” in the upper menu bar like highlighted in the screenshot below.
21) Copy the Address to your clipboard by clicking the button highlighted in the screenshot below.
22) Now you are free to send your XEM (that’s the name of the NEM tokens) to your nanoWallet. After a short period of time, you will see them appearing on your dashboard.
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