Wallet Setup
Welcome to Elektrik DEX on the Lightlink Layer 2 chain (LLC)! To get started, the first exciting step is to set up a wallet that supports Lightlink. Whether you prefer to trade from your desktop computer or on-the-go with your smartphone, we've got you covered!
Choose the wallet that best fits your needs, and you'll be all set to embark on a seamless trading journey. Say goodbye to intermediaries and high transaction costs, as Elektrik DEX empowers you to trade digital assets securely and efficiently.
When setting up your wallet, keep these guidelines in mind to ensure the utmost security and protection for your assets:
✅ Download and install only the latest version from an official source.
✅ Safely back up your recovery phrases.
✅ Do not input your Mainnet account PK in wallets that are in BETA instantly.
❌ 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.
By following these guidelines, you can confidently set up and use your wallet, knowing that your assets are well protected and your funds are secure.
Desktop Wallet Options
Desktop wallets are available for use on your home computer or laptop. They can function as standalone applications or as web browser plugins for popular browsers like Chrome and Firefox. MetaMask, Trust Wallet, Binance Wallet, Coinbase Wallet, and Taho are among the most popular ones.
Handling Your Private Keys
Remember, your private keys are crucial for accessing your wallet. Be extremely careful while handling them. Never share your private keys or recovery phrases with anyone as this could lead to a complete loss of your crypto assets.
Which desktop wallet should I choose?
This comparison table gives an overview of the most popular desktop wallets that can be used with Elektrik DEX.
Pegasus chain
✅
✅
✅
✅
Built-in DApp browser
✅
✅
➖
➖
Hardware wallet compatible
✅
✅ (Beta)
✅
✅
Open source (auditability)
✅
✅
✅
✅
Lightlink RPC support in EVM compatible Wallets
Mainnet:
Network Name: Lightlink Phoenix Mainnet
ChainID: 1890
Explorer URL: https://phoenix.lightlink.io/
Testnet:
Network Name: Lightlink Pegasus Testnet
ChainID: 1891
Explorer URL: https://pegasus.lightlink.io/
Supported Network in Elektrik DEX:
Elektrik DEX v1 Testnet: Lightlink Pegasus
Elektrik DEX v1 Mainnet: Lightlink Phoenix
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