How to download and use the latest version of Mycelium cold wallet

How to download and use the latest version of Mycelium cold wallet

Download

1. Go to Official website: https://mycelium.com/wallet/
2. Select "Download the latest version" and select iOS or Android according to your device.
3. Download and install the app from the App Store or Google Play.

Settings

1. Open the app and select "Create New Wallet".
2. Create a strong password and write it down securely.
3. Create a safe phrase and store it safely offline.
4. Confirm your safephrase.

Add Funds

1. Click the "Receive" button on the home screen.
2. Select the type of cryptocurrency you want to receive funds for.
3. A QR code and an address will be displayed.
4. Send funds to this address from another wallet or exchange.

Send Funds

1. Click the "Send" button on the home screen.
2. Enter the payee’s address or scan its QR code.
3. Enter the amount you want to send.
4. Verify transaction details and press the "Send" button.

Cold Storage

1. Write your safe phrase on paper or metal plate.
2. Securely store paper or metal sheets containing safe phrases in an offline location.
3. Disconnect the Mycelium app from the internet.
4. Your funds will now be stored in a cold wallet, isolated from the internet, providing an extra layer of security.

Other features

Mycelium cold wallet also provides the following features:

• Offline signing: You can disconnect from the Internet Sign the transaction.
• Multi-Signature: You can set up multi-signature for your wallet to increase security.
• Hardware Wallet Integration: You can connect Mycelium to a hardware wallet such as Trezor or Ledger.

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