How To Setup MPC Cold Wallet?

Created by Muskan Bhandari, Modified on Tue, 26 Dec 2023 at 04:24 PM by Muskan Bhandari

Creating an MPC Cold Wallet is a crucial part of fortifying your digital asset management strategy. This guide offers a step-by-step walkthrough to help the Owner/Admin set up an MPC Cold Wallet, ensuring enhanced security for your digital assets.

Before you proceed, ensure you have already created an MPC Team. If not, refer to this guide and setup your MPC team.

Let's dive into the steps required to establish your MPC Cold Wallet.

Step-by-Step Guide to Setting Up Your MPC Cold Wallet:

1: Navigate to the Wallets Section

Access the "Wallets" tab within the Vaults UI interface, or simply click on the "New Wallet" option under the profile dropdown menu.

2: Fill in Wallet Details

A new wallet window will pop up. Fill in essential details like Wallet Name and Protocols. From the list of signer types, choose "MPC".

3: Associate with the MPC Team

Associate the wallet with your chosen MPC Team by making the appropriate selection and clicking "Next." A confirmation window will appear; proceed by clicking "Confirm".

4: Access Created Wallets

All successfully created wallets will be listed under the "Wallet" menu and will be visible to all members of the wallet.

Great job! You've now successfully established your MPC Cold Wallet, a key component in securing your digital assets.

With this wallet in place, you're ready to safely receive assets and initiate transactions.
All transactions will adhere to the configuration set by your chosen MPC Team, ensuring a streamlined and secure digital asset management experience.

At Liminal, we are committed to providing you with a seamless and user-centric staking experience.
If you have any questions or require assistance, please do not hesitate to reach out to our dedicated support team here: support@lmnl.app
Your success is our priority.