Create a New Algorand Account on Pera Wallet
How to create a New Algorand Account on Pera Wallet?
The Pera wallet itself is made up of accounts, each with their own unique address, backup phrase, and assets. If you haven't heard these terms before I recommend checking out our other tutorials. However, here's a quick run through:
◾️Your address is a unique string that is used to publicly identify your account. This is what you'll use if you (or others) want to send assets to your account. Your address will look something like this: RL6VDLXCN5G7N2GRTS7YLVDSFT4PVBBUOVTVS7T26OQ5MLXYQKRMI5ADXY
◾️Your recovery passphrase (also called backup phrase or recovery phrase) is the 25-word string that allows you to recover your account.
It is CRUCIAL to record your backup phrase correctly and store it securely. The only way to recover an Algorand account is with this backup phrase.* Never share your backup phrase, as anyone with access to it can take full control of your account**. The Pera Wallet support team will never ask for your passphrase.
◾️Your assets will include Algos and other Algorand Standard Assets (ASAs) such as USDT, USDC, etc.
This step by step tutorial explains to you how to create A new Algorand Wallet Account on Pera Wallet
In case you already have an Algorand account and would like to recover it with your Pera Wallet, you should follow the Recover Account tutorial.
You might be entering this workflow immediately after setting up your Pera Wallet or maybe you're creating additional accounts. Regardless, the workflow is the same.
You must follow these steps if:
✅You want to Create A New Account
✅ You do not want to recover an old account but create a new one
If you already have access to the Pera Wallet, click the + button from the main app screen, click the + button (Green highlight on the screenshot below), and follow the next steps. However, if you access the wallet for the first time, ignore this step and go directly to the next one.
Tap "I want to create a new account" to add an account to your wallet.
Now tap "Create New Account" to begin the flow!
At this point, you'll see a couple of screens that give you information about the upcoming backup process. ⚠️**Please review these screens carefully so that you're prepared to write down your passphrase and store it securely.**
(Note: For important information on securely backing up your recovery passphrase, please visit the page Backing Up Your Recovery Passphrase)
Review the account creation overview screen and tap "I understand."
Review the important prep details before tapping "I'm ready to begin."
At this point, we will show you your 25-word recovery passphrase. There is no screenshot of this page in this tutorial as we've blocked or limited screenshot capabilities during recording of your passphrase. Even if your device allows you to screenshot your recovery passphrase, we urge you to explore methods other than a photograph to store this important data.
Again, if you don't know how to securely record your passphrase, please review the tutorial available on the Backing Up Your Recovery Passphrase page.
You'll then verify the passphrase has been recorded successfully by selecting a few key words in the phrase.
Name your account: at this point, you can name your account for convenience. It will help you keep organized between your different accounts. This doesn't interact with the blockchain at all, it's merely an organizational feature.
That's it! You should see the newly created account on your Accounts view. If this was your first time creating an account, you'll only see 1 account. You can now navigate through the App, add Algos or other assets, and send/receive transactions to other wallets address.
You can create as many Algorand accounts within the Pera wallet, but each account has its own backup (recovery) passphrase. For security reasons, there is no total wallet recovery, only individual account recovery. Use caution when recording and storing your passphrase. It's the only way to recover your account.
Pera wallet is a non-custodial wallet, meaning that you (and only you) are in complete control over the management of your account and the assets in it. No other person or entity has access to your accounts. This also means that no company, corporation, or government could ever take control of your account. Only the person who has the 25-word passphrase can access the assets. However, with this power comes responsibility. If you lose your 25-word recovery passphrase that unlocks the account, no one can grant you access.
Updated on: 08/02/2022