In this guide, we will show you how to setup Daedalus Desktop Wallet for Cardano ADA.
Supported Coin: Cardano ADA
To get started, visit their official website https://www.cardanohub.org/en/home
Click > Get Started > The Daedalus Wallet
Click > Download.
You’ll be navigated to the Daedalus Wallet Website > https://daedaluswallet.io
Click > Download
As of right now, Daedalus Wallet only supports Windows and MacOS.
Click on the software that corresponds with your operating device.
Once you have downloaded the program, click on the icon to install Daedalus Wallet to your desktop.
Choose Install Location.
Please be sure you have enough space storage on your device before downloading.
Click > Install
Click > Close once the installation is complete.
Now open Daedalus Wallet and it will ask you to select your Language.
Once you have selected your language, Click > Continue.
Once you have read and understood the terms
Click > Continue
Send logs to the central server
You have an option on sending diagnose issues.
Click > Don’t Send or Continue
Daedalus will start syncing the wallet. This will take a while, so please leave the window open for it to continue syncing. Please make sure you have enough space on your computer.
Once it’s complete syncing it will prompt you to the next page.
Creating Daedalus Wallet
Click > Create a New Wallet
Type in a Wallet Name.
Next you want to “Activate to create password”
Type in a strong password that is a minimum of 7 characters long, and have at least 1 uppercase, 1 lowercase and 1 number.
Once you have completed that, Click > Create Personal Wallet.
You will see a 12-word phrase, this is your wallet backup phrase. It’s highly important that you will NOT share your Backup Phrase with anybody! If you happen to lose your backup phrase, you will lose your funds.
Next, Tick > “Please Make Sure Nobody Looks Into Your Screen Unless You Want Them TO Have Access To Your Funds.”
Click > Continue
In this tutorial, we will be showing our Recovery Phrase but please DO NOT SHARE your recovery phrase.
You will receive a 12-word Recovery Phrase, WRITE THEM DOWN & COPY AND PASTE THEM in a document, in case of misspelling a word. Keep your document in a safe and secured place.
Once you have written down in the ORDER they have given you, Click > “Yes, I have Written it Down.”
Next we need to confirm that we have written down the Recovery Phrase in the correct order.
“Tap each word in the correct order to verify your recovery phrase”
Once you have completed that, Click > Confirm
Next you will Tick
“I Understand that my Wallet and Tokens are held securely on this device only and not on any servers.”
“I Understand that if this application is moved to another device or is deleted, my wallet can be only recovered with the backup phrase that I have written down and saved in a secure place.”
Once you have Tick, read and understood, Click > Confirm
The Daedalus Wallet Dashboard
Sending Cardano from Daedalus Wallet
Click > Send
Copy and Paste the Receiver’s Wallet Address – Please Double Check It’s Correct!
Type in the Amount
When you are ready, Click > Next
Now we need to confirm the transaction.
It will show you the Reciever’s Wallet Address, Amount, Fees and your Total.
Once you are happy with that, type in your password to your wallet and Click > Send.
Receiving Cardano Coin
Click > Receive
Above where it says “Your Wallet Address” you will use this address to receive Cardano.
Be sure to Copy and Paste to the sender to ensure no misspellings.
If the sender is next to you, they can simply scan the QR code to send you coins.
Once you have you sent and received your coins, you can generate a new address.
In order to do that, type in your password and Click > Generate New Address
You will receive a new address to use.
Checking Cardano Transactions on Daedalus Wallet
Click > Transaction
Below you will have a list of all the Sent and Received Transactions.
Daedalus Wallet Settings
Here you can change the name of your wallet.
Change the Transaction Assurance Security Level from Normal to Strict.
You can also change the Wallet Password.
Lastly, if for whatever reason, you can Delete your Wallet.
Once you have created a wallet you can always create more.
In order to do that, you can click + Add Wallet, then follow the same steps as above.