To get started on PearDAO, the first thing you'll need is to set up a wallet that supports BNB Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You'll need to choose the wallet that fits your needs best.
When you're setting up a wallet, be sure to:
✅ Download and install only the latest version from an official source.
✅ Follow the setup guide carefully.
✅ Safely back up your recovery phrases.
❌ NEVER share your recovery phrases with anyone, under any circumstances.
❌ NEVER input your recovery phrase to a website or app, other than your wallet app.
Smartphone/Mobile or Desktop wallet?
Mobile device wallets and desktop-based wallets have different strengths and weaknesses. Consider which fits your needs better to help decide which type of wallet to use.
Smartphone/Mobile wallets
Smartphone/Mobile wallets allow you to access your crypto almost anywhere. Wallets are available on both Android and iOS devices.
Which mobile wallet should I choose?
This comparison table gives an overview of the most popular mobile wallets used with PearDAO.
⚠️ Requires some setup
🔶 Only supports SafePal hardware wallet
You can find more in-depth information about each wallet below, as well as download links and installation guides.
Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles (with Opensea.io support), and in-wallet staking.
Pros:
Open source for auditability
Backed by the Binance cryptocurrency exchange
Easily switch between several crypto networks
Includes networks by default
Includes in-wallet staking options
Has additional features such as NFT collection, BNB staking, and DApp access within the wallet
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Offers ETH purchases with Transak
Supports a very large number of languages
Is also available a browser plugin for desktop devices
Cons:
Longer setup time than other options
Additional steps needed to use with BNB Smart Chain and PearDAO
Extra information and settings may confuse beginners
Millions of users choose Coinbase Wallet to earn yield with DeFi, swap more than 5,500 assets, and hold their NFT collections. Coinbase wallet supports BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Highlights:
Most downloaded mobile dapp wallet in the United States with 12M+ active Wallet users.
No additional steps needed to use with BNB Smart Chain and PancakeSwap.
Premier audience: Up to 89M+ Coinbase retail app users to onboard to Coinbase Wallet as they start to explore web3.
Easy to transfer assets from Coinbase retail app.
Fiat On-ramp: Users can now directly purchase crypto with fiat in all 86 countries where Coinbase operates, without leaving Wallet.
Industry leading security with secure cloud backup.
Coinbase Wallet is a self-custody wallet providing software services subject to Coinbase Wallet Terms of Service and Privacy Policy. Coinbase Wallet is distinct from Coinbase.com, and private keys for Coinbase Wallet are stored directly by the user and not by Coinbase. Fees may apply. You do not need a Coinbase.com account to use Coinbase Wallet.
SafePal is available as both a software and hardware wallet. The wallet is easy to install and create, and comes ready to support BEP2 (Binance Chain) and BEP20 (BNB Smart Chain) right away.
Pros:
Easily switch between several crypto networks
Offers 25% fee discount paying with BNB (requires login)
Has the option for Google Authenticator built in
Supports a large number of languages
Setup process is very simple
Is available as both a software and hardware wallet (work together)
Supports NFTs on both the BSC and ETH networks
Cons:
Isn't fully open source
Has some features that are not yet ready for use (such as DeFi)
Does not give user notifications
Does not enforce strong security during initial setup and wallet creation
Has fewer online resources than more established wallets
Desktop wallets are available on your home computer or laptop computer. Wallets on your computer can run as standalone applications, or as web browser plugins for popular browsers like Chrome and Firefox.
Which desktop wallet should I choose?
This comparison table gives an overview of the most popular desktop wallets used with PearDAO.
⚠️ Requires additional setup
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks) with a little work.
Pros:
Open source for auditability
WEB3 capable on BscScan
A strong history of security and reliability
A large amount of how-to guides and resources online
Many tools and custom settings
Supports a very large number of languages
Is also available on mobile devices
Cons:
Longer setup time than other options
Additional steps needed to use with BNB Smart Chain and PearDAO
Extra information and settings may confuse beginners
Binance Wallet is a browser-plugin wallet that natively supports the Binance Chain (BEP2) BNB Smart Chain (BEP20) networks. Binance Wallet was developed by the Binance cryptocurrency exchange.
Pros:
Open source for auditability
Backed by the Binance cryptocurrency exchange
Can be directly linked to a Binance or Gmail account
A streamlined user experience
Supports BNB Smart Chain by default, making using PearDAO easy
Supports a large number of languages
Hardware wallet compatible
Cons:
Lacks some custom settings of other wallets
Lack of additional tools makes some actions available in other wallets impossible
Has fewer online resources than more established wallets
Millions of users choose Coinbase Wallet to earn yield with DeFi, swap more than 5,500 assets, and hold their NFT collections. Coinbase wallet supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and BNB Smart Chain networks).
Highlights:
12M+ active Wallet users.
No additional steps needed to use with BNB Smart Chain and PearDAO.
Premier audience: Up to 89M+ Coinbase retail app users to onboard to Coinbase Wallet as they start to explore web3.
Easy to transfer assets from Coinbase retail app.
Fiat On-ramp: Users can now directly purchase crypto with fiat in all 86 countries where Coinbase operates, without leaving Wallet.
Industry leading security with secure cloud backup
Coinbase Wallet is a self-custody wallet providing software services subject to Coinbase Wallet Terms of Service and Privacy Policy. Coinbase Wallet is distinct from Coinbase.com, and private keys for Coinbase Wallet are stored directly by the user and not by Coinbase. Fees may apply. You do not need a Coinbase.com account to use Coinbase Wallet
NEVER, in any situation, should you ever give someone your private key or recovery phrase ("seed phrase"). This will give someone complete access to your crypto!
The genuine PearDAO site and staff will never ask you to input your seed phrase.