Setting Up Your Digital Wallet for Payments
Setting Up Your Digital Dollar Wallet for Payments
[Image: A simple illustration showing a smartphone with a dollar sign, representing a digital wallet]
Welcome! This guide will help you set up a digital wallet to receive payments in USDC, a digital version of the US dollar. This process is simple and secure, allowing us to send you payments quickly and efficiently.
What is USDC?
USDC (USD Coin) is a digital representation of the US dollar. It's not cryptocurrency – think of it as a digital dollar that moves faster and more efficiently than traditional bank transfers.
Steps to Set Up Your Wallet
1
Choose a Wallet Provider
- We recommend using Coinbase Wallet for its simplicity and security.
- It's available as a mobile app or a browser extension.
[Image: Coinbase Wallet logo and app icon]
2
Download and Install
- On your smartphone: Search for "Coinbase Wallet" in the App Store (iOS) or Google Play Store (Android).
- On your computer: Visit the Coinbase Wallet website and follow instructions for the browser extension.
[Image: App Store and Google Play Store logos, plus a generic download icon]
3
Create Your Wallet
- Open the app or extension and click "Create new wallet".
- Follow the prompts to set up your account. This includes creating a username and a secure password.
- IMPORTANT: You'll be given a 12-word recovery phrase. Write this down on paper and store it safely offline. Never share this phrase with anyone.
[Image: A stylized representation of a 12-word recovery phrase, with some words obscured for security]
4
Secure Your Wallet
- Enable two-factor authentication (2FA) for extra security.
- Set up a PIN or biometric lock (fingerprint/face ID) for the app.
[Image: Icons representing 2FA, PIN, fingerprint, and face ID]
5
Get Your Payment Address
- In the app, tap the receive button (usually looks like a QR code or down arrow).
- Select USDC as the currency.
- You'll see your USDC address – it's a long string of letters and numbers.
- Copy this address or take a screenshot of the QR code.
[Image: A mockup of a wallet screen showing a USDC address and QR code]
6
Provide Your Address to Us
- Send us your USDC address through our secure communication channel.
- Double-check the address before sending to ensure accuracy.
Safety Tips
- Only use official wallet apps from trusted sources.
- Never share your recovery phrase or private keys with anyone.
- Always double-check addresses when sending or receiving.
That's it! You're now set up to receive digital dollar payments. If you have any questions, please don't hesitate to reach out to our support team.
