NewsWhat is Ronin Wallet? Guide to using Ronin Wallet

What is Ronin Wallet? Guide to using Ronin Wallet

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Using the proper transaction fees, Ronin Wallet is a cryptocurrency wallet that runs on the Ronin Network, enabling quicker and more seamless transactions within the Axie Infinity game.

What is Ronin Wallet?

The Ronin Network platform’s Ronin Wallet is used to store RON and standard tokens. The developers of the Axie Infinity game, Sky Mavis, are in charge.

Guide to using Ronin Wallet
Guide to using Ronin Wallet

The wallet can be used on PCs and mobile devices alike. In addition to helping Axie Infinity, Ronin Wallet showcases a willingness to offer the project’s members a variety of cryptocurrency trading options.

EVM blockchain Ronin was developed specifically for the gaming industry. With the ability to handle over $4 billion in NFT volume, the project is the first blockchain that has been shown to scale to service millions of users every day.

Guide to registering on Ronin Wallet

Registration on computer

Registration on mobile

  • Visit https://wallet.roninchain.com/ and download the appropriate version for your operating system or search for Ronin Wallet in the app store on your phone.
  • Open the app and choose “Create a new wallet.”
  • Select “Continue with Recovery Phrase.”
  • To enable biometric unlocking, choose “Enable Biometric ID,” if not, choose “Skip.”
  • Put in a PIN

Key information in the wallet

  • At the top, “Account #1” is the wallet name and the wallet address is right next to it. Users use this address to transfer or receive assets.
  • Below are basic functions like Deposit, Send, Swap.
  • The “Assets” section displays the user’s ERC-20 token balances and ERC-721 NFT tokens.
  • The “Activities” section shows transaction history.

Guide to restoring the wallet

On computer

  • Download the wallet and click “Get Started” (similar to wallet registration).
  • Choose “I already have a secret recovery phrase” when creating an account.
  • Enter the 12 secret recovery phrases.
  • Enter the password.
  • Click “Import Wallet.”

On mobile

  • Download and open the Ronin Wallet app.
  • Choose “Continue with a recovery phrase.”
  • Enter the recovery phrases and click “Import.”
  • The remaining procedures are comparable to setting up a new wallet.

Guide to transferring assets between Metamask and Ronin Wallet

  • To deposit money, select “Deposit.” Metamask will immediately ask you to connect to the platform and log in.
  • Verify the wallet’s connection to both the Ronin Bridge and the Ronin Wallet.
  • Select “Deposit” again.
  • Paste the Ronin Wallet address in the Ronin Address section.
  • Input the desired transfer amount.
  • Choose “Confirm” and confirm on the wallet.

Note: To pay for gas fees, Metamask needs ETH.

Take similar, but opposite actions, to withdraw money from the Ronin Network to Ethereum:

  • Go to the Ronin Bridge page and choose “Withdraw.”
  • Type the Ethereum Address section’s Metamask wallet address.
  • Choose the kind of asset you want to remove from “Asset.”
  • Fill in the “Amount” column with the amount.

Guide to creating an Axie Infinity account with Ronin Wallet

  • Choose “Log in with Ronin Wallet.”
  • Automatic wallet connection is established by the system.
  • After inputting a username, press “Save.”
  • For account protection, add an email address and set a password.

Conclusion

Utilizing Ronin Wallet, users can access the possibilities of the Ronin Network platform and delve into the thrilling realm of Axie Infinity. Users may easily store and exchange assets with the wallet’s comprehensive feature set.

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