How to create your NEAR Wallet

Fritz Wagner

3 min readNov 21, 2021

Free wallet — Easy steps

Hello dear fellows,

Here I provide you with the easy steps, one by one, on how to open your NEAR Wallet.

#1 Create Account

#2 Reserve Account ID

Write down your Account ID (username), this will be your wallet address — Awesome right?

Type your username for NEAR and reserve it

Wallet address: vexchange.near

#3 Secure your account

Here we will use email because it gives us a free wallet (Sometimes, it is able or disable depending on different conditions)

You can use your phone number as well

#4 Paste the verification code you received

#5 Now again your email (or phone number)

#6 Paste the verification code you received this time

And we are done… unless… it give you the following error message:

Search results - NEAR

error when your wallet doesn't have enough balance to sign transactions.

nearhelp.zendesk.com

#7 We will need to do a manual deposit

#8 Copy the funding address (SINGLE-USE)

#9 Transfer funds from another NEAR Wallet

After you transfer your funds from another NEAR Wallet, or from a CEX (centralized exchange) like Binance you will then have an active account

#10 Now you are the owner of the coins

When you have the coins on exchanges then it is not your coins, because you can’t control your funds. So, this way, with your own NEAR Wallet you are the true owner of your cryptocurrencies.

#Be Aware

The 12 words phrase that represent the private key is on the “Recover my Account” link on your email. You will have to copy the link address to spot it.