What are the steps to create a new Coinomi wallet address for storing cryptocurrencies?

1 answers

• Dagim AlemayehuMay 11, 2021 · 5 years ago
  Creating a new Coinomi wallet address is easy! Just follow these steps: 1. Download the Coinomi app from the official website or your device's app store. 2. Install the app and open it. 3. Select the 'Create a new wallet' option. 4. Set a strong password for your wallet. Remember to use a combination of letters, numbers, and special characters. 5. Coinomi will generate a recovery phrase for you. This phrase is important for wallet recovery, so make sure to write it down and store it in a safe place. 6. Confirm the recovery phrase by entering the words in the correct order. 7. Your new Coinomi wallet address will be created. 8. You can now use this address to receive and store cryptocurrencies securely. Remember to keep your password and recovery phrase confidential to protect your funds.
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