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
- 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.
- Input a name for your new wallet and select the desired protocol.
- In the "Signer Type" section, select "Multi Sig" from the available options.
- 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.
- 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.
- 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.
Updated about 2 months ago
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