Creating a New Account
The wallet itself is made up of accounts, each with their own unique address, backup phrase, and assets. If you haven't heard these terms before I recommend checking out our other tutorials. However, here's a quick run through:
- Your address is a unique string that is used to publicly identify your account. This is what you'll use if you (or others) want to send assets to your account. Your address will look something like this:
- Your recovery passphrase (also referred to as backup phrase or recovery phrase) is the 25-word string that allows you to recover your account. It is extremely important to record your backup phrase correctly and store it securely. The only way to recover an Algorand account is with this backup phrase.
Note: Never share your backup phrase, as anyone with access to it can take full control of your account. The Algorand Wallet support team will never ask for your passphrase.
- Your assets will include Algos and other Algorand Standard Assets (ASAs) such as USDT, USDC, etc.
Creating a new account
You might be entering this workflow immediately after setting up your Algorand Wallet or maybe you're creating additional accounts. Regardless, the workflow is the same.
1. Tap the green + icon in the top right corner of the Accounts view.
2. Tap "Add Account" to add an account to your wallet.
3. Now tap "Create New Account" to begin the flow!
At this point, you'll see a couple of screens that give you information about the upcoming backup process. Please review these screens carefully so that you're prepared to write down your passphrase and store it securely.
(Note: For important information on securely backing up your recovery passphrase, please see Backing Up Your Recovery Passphrase)
4. Review the account creation overview screen and tap "I understand."
5. Review the important prep details before tapping "I'm ready to begin."
At this point, we will show you your 25-word recovery passphrase. There is no screenshot of this page in this tutorial as we've blocked or limited screenshot capabilities during recording of your passphrase. Even if your device allows you to screenshot your recovery passphrase, we urge you to explore methods other than a photograph to store this important data. Again, if you don't know how to securely record your passphrase, please review Backing Up Your Recovery Passphrase.
6. You'll then verify the passphrase has been recorded successfully by selecting a few key words in the phrase.
6. At this point, you can name your account for convenience. This doesn't interact with the blockchain at all, it's merely an organizational feature.
7. That's it! You should see the newly created account on your Accounts view. If this was your first time creating an account, you'll only see 1 account.
- You can create as many Algorand accounts within the wallet, but each account has its own backup (recovery) passphrase. For security reasons, there is no total wallet recovery, only individual account recovery.
- Use caution when recording and storing your passphrase. It's the only way to recover your account.