GeFi
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Create a Wallet
To get started on GemStone Finance (GeFi), the first thing you'll need to do is to set up a wallet that supports Binance Smart Chain (BSC). Wallets are available both on desktop computers and on smartphone devices. You'll need to choose the wallet that fits you 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.
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Mobile
Desktop
Use anywhere
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Easy to use
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More secure
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Accessibility friendly
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Damage/loss/theft resistant
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Power/connection outage resistant
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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 GemStone Finance (GeFi).
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Trust Wallet
MetaMask
Token Pocket
Binance Smart Chain support
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โš ๏ธ
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Built-in DApp browser
โœ… Android
โš ๏ธ iOS
โž–
โœ…
Hardware wallet compatible
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โœ…
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Open source
โœ…
โœ…
โœ…
Interact with BscScan
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โœ…
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You can find more in-depth information about each wallet below, as well as download links and installation guides.
Trust Wallet
MetaMask
Token Pocket
Trust Wallet is a popular wallet for smart devices. It supports DApps, NFT collectibles, 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
Cons:
    Language tied to phone settings
    Limited DApps
    Transaction notifications can be delayed
โ€‹Download Trust Wallet (Automatically detects device) Trust Wallet Setup Guideโ€‹
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks).
โ€‹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 Binance Smart Chain and PancakeSwap
    Extra information and settings may confuse beginners
โ€‹Download MetaMask (Automatically detects device) MetaMask Setup Guideโ€‹
Token Pocket is a cryptocurrency management app that natively supports many cryptocurrency networks. It also has a desktop application available.
โ€‹Pros:
    Open source for auditability
    Allows users to easily switch between many crypto networks
    Supports many networks by default
    A less cramped user experience than browser plugin wallets
    Is also available as desktop software devices
Cons:
    Only supports Chinese and English languages
    Has some issues with the English translation
    Has fewer online resources than more established wallets
โ€‹Download Token Pocket App (Automatically detects device)

Token Pocket Mobile Setup Guide

    1.
    Visit the Token Pocket website and tap Mobile.
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    1.
    Your device will be automatically detected. Tap the Google Play or App Store button and install the Token Pocket app.
    2.
    Once Token Pocket is installed, open it. Youโ€™ll be met by a screen asking whether you have an existing wallet or would like to create a new one. Tap No accounts, Create Now.
If you do have an existing wallet to import, use the top option instead.
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    1.
    On the next page, find Binance Smart Chain in the list and tap it.
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    1.
    Next, on the โ€œCreate wayโ€ page, tap Create Wallet.
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    1.
    Youโ€™ll be asked to enter a password. For your security, make sure your password is judged as โ€œStrongโ€. You can also add a hint, but make sure itโ€™s something only you will understand. When youโ€™re ready, tap Create Wallet.
And thatโ€™s it, all done!
To connect to Binance Smart Chain and use PancakeSwap, you can follow the TokenPocket section of our Connect Your Wallet to PancakeSwap guide https://docs.pancakeswap.finance/get-started/connection-guide.

Getting private key from mobile to import to desktop

Token Pocket lets you use both a desktop and mobile wallet. This section will cover how to get your private key from your mobile wallet to import into your desktop wallet.
Please be extremely careful with how you handle your private keys. Giving your private keys to someone will give them full access to your coins! Token Pocket is an open-source project and will use your private key to import your wallet. Even so, only use your private key with applications you trust and can verify are legitimate!
    1.
    Tap the Me tab on the bottom ribbon and tap Manage Wallets.
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    1.
    On the next page, tap the Binance Smart Chain entry. Be careful not to tap the address part, or youโ€™ll only copy that to clipboard instead.
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    1.
    When the menu appears, find and tap the Export Private Key option. Type in your password to get your private key.
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 assets!
Now you have your private key ready to import your wallet into the desktop version of Token Pocket.

Desktop/Web Browser wallets

Desktop wallets are available on your computer or 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 GemStone Finance (GeFi).
โ€‹
MetaMask
Binance Wallet
Token Pocket
Binance Smart Chain support
โš ๏ธ
โœ…
โš ๏ธ
Built-in DApp browser
โž–
โž–
โœ…
Hardware wallet compatible
โœ…
โœ…
โž–
Open source
โœ…
โœ…
โœ…
Interact with BscScan
โœ…
โž–
โž–
You can find more in-depth information about each wallet below, as well as download links and installation guides.
MetaMask
Token Pocket
MetaMask is a very popular browser-based wallet plugin that supports ERC20 (Ethereum network) by default, and BEP2 & BEP20 (Binance Chain and Binance Smart Chain networks) with a little work.
โ€‹Pros:
    Open source for auditability
    WEB3 capable on BscScan
    A strong history of security and reliability
    A large number 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 Binance Smart Chain and PancakeSwap
    Extra information and settings may confuse beginners
โ€‹Download MetaMask (Automatically detects browser) MetaMask Setup Guideโ€‹
Token Pocket is a standalone application available for both Mac OS and Win64 devices. Token Pocket allows you to manage your cryptocurrency in software independent of your browser.
โ€‹Pros:
    Open source for auditability
    Independent of your browser and any of its permissions
    Allows users to easily switch between many crypto networks
    Supports many networks by default
    A less cramped user experience than browser plugin wallets
    Is also available on mobile devices
Cons:
    Asks users to enter their private key as part of desktop setup process
    Only supports Chinese and English languages
    Has some issues with the English translation
    Has fewer online resources than more established wallets
โ€‹Download Token Pocket Desktop Wallet (MacOS or Win64)

Token Pocket Desktop Setup Guide

The desktop version of Token Pocket will ask you to import a private key. Please make sure youโ€™re familiar with and understand the importance of a private key before you proceed.
Token Pocket is an open-source project, so the code is publicly visible and generally considered safe. Even so, your private keys are your responsibility, so only use them with applications you trust and can verify.
    1.
    Visit the Token Pocket website on your PC and click the Desktop button.
    1.
    Click on the button for your operating system and wait for your download to finish. This guide will use Mac OS for desktop installation.
    1.
    Run the installation file. You will need to manually approve security and privacy. Click on Open Anyway to install Token Pocket.
    1.
    Follow the installation guide and click Continue
    1.
    Once the installation is finished, click Finish and run Token Pocket.
    2.
    When Token Pocket opens, you may find yourself looking at a Chinese interface. You can change to English by clicking EN in the bottom-left corner.
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    1.
    Token Pocket will be asking you to create a password. Make sure you use something thatโ€™s hard to guess; the longer the password is, the more secure. When youโ€™re done, click Confirm.
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    1.
    On the next page, Token Pocket will be asking you to import a private key. This may be intimidating, but Token Pocket will work as an interface for your existing wallet. Youโ€™ll need to get your private from whatever existing wallet you want to use or sync with.
Here is a guide for getting your private key from MetaMask. To import your private key from the mobile version of Token Pocket, see the Mobile Token Pocket tab higher up this page. If you use another wallet and donโ€™t know how to get your private key, youโ€™ll need to find a guide.
Please be extremely careful with how you handle your private keys. Giving your private keys to someone will give them full access to your assets! Token Pocket is an open-source project and will use your private key to import your wallet. Even so, only use your private key with applications you trust and can verify are legitimate!
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    1.
    Once youโ€™ve entered your private key, click the Ethereum network for now.
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And thatโ€™s it, all done! You can access to your wallet and the next tutorial will teach you how to add Binance Smart Chain network
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 assets!
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Last modified 2mo ago