---
description: Here I will be showing you how to setup your first Solana Wallet
---

# How to setup ?

In order to trade, you need funds, to hold funds you need a Wallet. \
On Solana, there are a few wallets you can use but here I will use **Phantom Wallet** which is the **#1** Wallet provider on Solana.\
\
First of all, visit;

{% embed url="https://phantom.app/" %}

and download the wallet from the website. It's a browser extension. Then you will have to set up a **password** you should use a really strong password, I'm usually running _24 characters minimum, no words, with uppercases and lowercases, numbers, and special characters_. Here is a random example (<mark style="color:red;">**DO NOT USE IT**</mark>)&#x20;

{% hint style="info" %}
**gTi3#da\_omLZ36H@çd(jXtp6mz1**
{% endhint %}

If you're not used to strong passwords, you might be wondering how do I remember it? I don't. I'm using a password manager, **KeePass**.

{% embed url="https://keepass.info/" %}

It works using a Master Key, so you have to remember only 1 strong password, and then you can unlock the software and access your other passwords. It's not needed to use a passwords manager and to set up passwords that strong, but when it comes to money and with all the hacks happening every day I prefer to play it safe.\
\
Let's get back to **Phantom**!\
Once you have set up your password, you will receive the most important sequence of words of your life. <mark style="color:orange;">**The Recovery Phrase**</mark>, aka the only way to **recover** your wallet if you ever lost it. So **PLEASE** write down those words in the correct order and hold them carefully !! And voilà! \
You're finally ready to trade!

{% hint style="danger" %}
**NO ONE SERIOUS WILL EVER ASK FOR YOUR&#x20;**<mark style="color:red;">**PASSWORD**</mark>**&#x20;OR YOUR&#x20;**<mark style="color:red;">**RECOVERY PHRASE**</mark> <mark style="color:orange;">**PLEASE DO NOT SHARE THESE WITH ANYONE EVER**</mark>**! NOT EVEN YOUR FRIENDS NOT EVEN 'DEVS' OF A PROJECT !!**
{% endhint %}
