Setup MultiSig Cold Wallet

Before creating a MultiSig cold wallet, you need to link your hardware device by following the Link a Hardware Device guide. Once the device is linked to the system, you may proceed to create a MultiSig Cold Wallet by following the below instruction

  1. To begin the wallet creation process, navigate to the "Wallets" tab within the Vaults UI interface, or click on "New Wallet" option under the profile dropdown menu.
  2. Input a name for your new wallet and select the desired protocol.
  3. In the "Signer Type" section, select "Multi Sig" from the available options.
  4. Under the "Group Members" section, enter the configuration settings for your multi-sig wallet; you can choose a predefined setting or create a custom one. For optimal security, it's recommended to opt for a 2 of 3 configuration or higher.
  1. Click "Next" to proceed to the member selection section, where a dropdown will display members who have already linked their devices. Select the members who will be authorised to sign transactions for this wallet.

  1. Click "Next" to review your selections and confirm the details.

By adhering to these guidelines, you can successfully establish a cold wallet with multi-signature capabilities, thereby elevating the security of your digital assets. Next, dive into our guide to learn how to initiate a multisig transaction.