EXPLAINER GUIDE: How To Set Up Your Valora Crypto Wallet in 3 Quick Steps


valora wallet

Valora is a mobile crypto wallet app for the Celo network. The app allows users to send/receive/request funds and connect with dApps.

Walland actually supports more than 30 Celo cryptocurrencies, including the native Celo token ($CELO) and stablecoins:

The wallet interface is quite simple and straightforward for someone who is using it for the first time.

Once you have installed the app on your mobile device from the PlayStore, the next thing you need to do is configure your app.

Step 1: Start the app

When you open the app for the first time, you will need to choose the language you want to use for the app. After selecting the language, you are presented with 2 options:

  • Create a new account
  • restore my account

The ‘Create a new accountThe ‘ option helps users to create a new Valora account.

Existing users can choose the ‘restore my account‘ option to recover your existing Valora account on some new device.

We want to create a new account. When you select ‘create a new account’, all you have to do is agree to the terms and conditions before adding your details.

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SEE ALSO: Celo Blockchain Hits 100 Million Transaction Milestone

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Step 2: Create a new account

When you click the button to create a new account, you will be asked to provide some required details like your name, phone number, etc.

creating a new account on valora
Open an account in the Valora app

Step 3: Backup Recovery Phrase

The next thing you need to do is make a backup of your recovery phrase. This step must be done before transferring any assets to the wallet. This is a required step as the recovery phrase can help you get your assets back in case you lose your device.

To save your recovery phrase, click the ‘configure now‘ option (see screenshot above). The app will display your backup phrase. Store it safely.

You can write it in a book or on a piece of paper that you will surely never lose.

Once you have backed up your phrase, you will have a Valora account. You can now proceed to add funds to the wallet by tapping on the menu button and selecting the ‘Add/Withdraw Funds’ option.

The app also has other features, including the option to withdraw funds as airtime on local mobile operators.

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RECOMMENDED READING: EXPLANATORY GUIDE: How to add Celo Blockchain Network to your MetaMask wallet

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