LESSON 1 : How to make a wallet
(Updated for Latest wallet version 2.5.5 on 19th December 2017)
If you want follow this guide later and buy now you can do so on Binance by clicking on the button to the left. We recommend moving your tokens off exchanges as soon as possible because while they are on an exchange you have only an IOU.
STEP 1: Downloading the wallet & Checking it is legitimate
Part 1: Download the latest official wallet build from the IOTA Foundation by going to https://github.com/iotaledger/wallet/releases . Be sure to check that the URL is correct!
Part 2: Check the file is legitimate by checking the hash. To do this you must
Move the file to somewhere you can find it easily (your desktop). Right Click – Properties – Security – Copy the ‘Object Name’ which will be something like C:\Users\Ben\IOTA.Wallet.Setup.2.5.5.exe
Open Command Prompt (Press the Windows Button and type CMD). Find the SHA256 HASH of the file by typing the following
CertUtil -hashfile C:\Users\Ben\IOTA.Wallet.Setup.2.5.5.exe SHA256
NOTE: You will need to change the C:\Users\Ben\IOTA.Wallet.Setup.2.5.5.exe to the location you found in step B earlier (as seen in the above screenshot)
As you can see the SHA256 hash is 57a5cb….717b
NOTE: Many readers forget to add SHA256 at the end of the command. This is required in order to specify the use of the SHA256 hashing algorithm (as opposed to the default SHA1).
Go back to the IOTA Github and check what the SHA256 Hash is meant to be, see below image.
As you can see the SHA256 hash of the file we downloaded is is 57a5cb….717b
Compare the output in your command window to this hash and check that they are the same.
57a5cb….717b = 57a5cb….717b
You should check the whole hash but practically speaking most people check the start and end. If you are storing large amount you should check the whole hash is the same. If they are the same proceed. If they are not then something is wrong and you should not proceed. If this happens contact us on twitter at @uk_c_c or email us at email@example.com
STEP 2: Installing the wallet and changing the node
Part 1: Click the downloaded file and run the installer.
A window like this should appear
There is no input box below the large IOTA logo in the centre of the window. Wait a few seconds (~15) and the screen should refresh to show this:
If this is fine skip past the following section (look for the next break)
If this doesn’t happen it is because you are connected to an out of date Node (automatically). You need to navigate to the bar at the top and click tools – edit node configuration as shown in the image below:
You should now select a different node (host). Some good sites to find IOTA nodes are IOTAsalad:
Click the red arrow to copy an address such as the one below (https://potato.iotasalad.org:14265) or pick one from IOTAdance.
Next go to your wallet and select tools – Edit node configuration
Set the Host to Custom and use the node address you copied earlier
You will know it works as once you have selected a new node and clicked save (and then closed and reopened the IOTA wallet) you will be able to enter a seed.
You will now need to generate a seed. We have a guide on how to do this securely using KeePass.
If you enjoyed this and want to donate, thank you! We accept IOTA donations at the following address:
You can buy IOTA on Binance by clicking on the button to the left. We recommend moving your tokens off exchanges as soon as possible because while they are on an exchange you have only an IOU.