Koala Wallet’s emphasis on user control and security is one of its most notable characteristics. Users maintain ownership over their money and private keys with our non-custodial approach. As a result, users are able to fully own and control their cryptocurrency holdings. Ethereum (ETH), Kadena (KDA), and ERC20 tokens are among the several blockchains that Koala Wallet supports. In terms of managing their cryptocurrency assets, this gives customers a plethora of possibilities.

Download and Install Koala Wallet

To download and install Koala Wallet, you can follow these steps:

Download Koala Wallet For Android Users:

•  Open Google Play Store: Open the Google Play Store on your device to access the app store.
• Search for Koala Wallet: Search for “Koala Wallet” in the search field and hit Enter.
• Download the App: Find the correct application in the search results; it’s usually the first one. Click “Install.”
• Open the App: After installation, hit the app’s icon to launch it from your home screen or app drawer.
• Set Up the Wallet: To set up your Koala Wallet, follow the steps displayed on the screen. Creating a new wallet or importing an old one, choosing a robust password or PIN, and storing your recovery phrase are typically included in this.

Download Koala Wallet For iOS Users:

1. Open the App Store: Open the App Store on your iPad or iPhone.
2.  Search for Koala Wallet: Launch the search by entering “Koala Wallet” into the search bar.
3. Download the App: From the search results, choose the app and click “Get” or “Install.”
4. Open the App: Once the app has been installed, tap its icon to launch it from your home screen.
5. Set Up the Wallet: Follow the in-app instructions to finish the setup, which include importing or creating a wallet, establishing a PIN, and safely storing up your recovery phrase.

Download Koala Wallet For Browser Extension:

•  Open Your Web Browser: To install the extension, open the web browser that you want to use. The browsers that Koala Wallet most likely supports are Chrome, Firefox, Brave, or Edge.
• Visit the Official Extension Store: For Chrome or Brave, go to the Chrome Web Store.
• For Firefox, visit the Firefox Add-ons Store. For Edge, visit the Microsoft Edge Add-ons Store.
• Search for Koala Wallet: Go to the extension store and type “Koala Wallet” into the search field.
• Download and Install: Look through the search results for the official Koala Wallet extension. Select “Add to Chrome/Firefox/Edge” or click “Install.”
• Confirm Installation: To add the extension to your browser and confirm, follow the instructions.
• Open the Extension: Once installed, the Koala Wallet extension can be used by clicking on its icon next to your browser’s address bar.
• Set Up the Wallet: To import an existing wallet or create a new one, follow the on-screen directions. Create a strong PIN or password, and make a secure backup of your recovery phrase.
• Start Using the Wallet: Once configured, your browser extension will allow you to directly manage how much cryptocurrency you have.

How to Send and Receive assets into Your Koala Wallet

Receiving

Each asset you have listed in Koala Wallet has its separate balance and comparable value displayed below your final balance on the main screen. To obtain an asset, first choose the desired asset from the list, then click the “Receive” option.

You will see a QR code representing that asset along with your address right away. Anyone you wish to receive something from can have your address and preferred chain or QR code shared with them. In a few seconds, the transaction will show up in your wallet once the assets have been delivered to your address.

You can choose which chain and how much you wish to receive by going to the Receive area of Kadena Assets. Any changes you make to those settings will update the QR code, causing a wallet to scan it and immediately apply those changes when handing you assets. In the end, it makes no difference whether the chain number is utilized to receive it; this feature is merely for added convenience when dividing your funds between chains. 

Sending

Choose the asset you wish to send from the list and click the “Send” button after that.

Put the recipient’s address and chain in the fields at the top of the screen. Click the “Contacts” option and choose the recipient from Koala Wallet’s contacts if you have the recipient saved there. Press the “Scan” button to load the data from the recipient’s QR code, if you know it. 

You can paste the receiver’s address in the recipient section if you received it as text. We advise against manually entering the address and instead utilizing the options listed above to prevent errors.

Make sure to choose the chain that the recipient needs to receive when transmitting Kadena assets. In order to prevent them from having trouble identifying the transaction, please get in touch with the beneficiary if they fail to notify you of the chain. When sending on blockchains other than Kade, this option is hidden.

Choose the chain you wish to send from on the bottom side of the screen. Your balance will be visible to you on each. To be able to send, you need to have enough balance on each individual chain. If the source and destination chains differ, Koala Wallet will take care of the appropriate conversions for you; you can learn more about that here. For blockchains other than Kadena, this option is hidden.

Lastly, input the amount you wish the recipient to receive. If Koala Wallet knows the price, it will display the corresponding dollar amount beneath it. In the event that you do not utilize the “Max” button, transaction costs will be deducted from the amount you have left.

When everything is ready, click “Continue” to view a summary of the transaction. Then, click “Confirm” to send the information after verifying with your PIN or biometric.

Conclusion

It’s crucial to have a trustworthy wallet like Koala Wallet as the cryptocurrency industry grows. Strong security features, support for several currencies, and an easy-to-use interface make it a reliable entry point into the fascinating and dynamic world of virtual currencies. Koala wallet is a great option for your digital wallet needs, whether you want to trade cryptocurrencies, keep your assets safely, or just learn more about the world of cryptocurrency.