HashPack is a non-custodial wallet, which means you are in complete control of your account details. Your data remains safely encrypted on your device and is never stored on a server or transmitted over the internet. Here are some steps you need to follow:
To get started firstly, you need to install the "HashPack Wallet Extension" on your browser. Once you get it on your device, you will need to create a "Main Password." This password is safely encrypted on your device and is never transmitted over the internet.
If you use a HashPack wallet on various browsers or devices, you must create a "New Password" and "Import your Account" on each device or browser.
Once you enter a wallet password with a minimum of 12 characters, click the checkbox of "Terms and Conditions" and "Privacy Policy." Then click the "Next" button.
Click the "Create New Wallet" button.
Next, you will need to write down "24-Word Seed Phrase/Mnemonic Phrase". This seed phrase is a special type of password that allows you to recover your account.
Once you note down the seed phrase, click the "Next" button. Then you have to verify the seed phrase by entering the "Missing Words" from your phrase. Keep in mind that you can't recover your account if you lose your recovery phrase.
After verifying all the missing words, tap the "Next" button. Then enter any "Nickname" for your HashPack wallet.
Click the "Create Wallet" button.
Next, save your "Account Details" and note down your "Account ID."
Press the "Reveal Recovery Phrase" option. Now, securely write down your private key. Like your seed phrase, this is a special type of password that also recovers your account. Always keep your private key secure, and don't share it with anyone.
Press the "Done" button, and finally, you have created your account.
How to Swap Tokens with HashPack Wallet
HashPack wallet users can swap tokens in wallets and take advantage of Hedera' lightning-fast performance and low fees. Token swapping is the main feature of DeFi, and the HashPack wallet allows you to exchange tokens in-wallet.
Firstly, select the "Swap" window on your HashPack wallet, choose the "Token" you would want to swap from and select the Token you like to receive.
Select the Token you want to "Swap From" in the dropdown and the Token you want to "Swap To" in the bottom dropdown.
Enter the "Amount" you want to exchange, and the swapping technology will show you how much you will get in exchange.
After that, the "Slippage" function of the wallet determines the maximum amount of price impact you are trying to take. Depending on the Token you choose, the slippage needs to be increased for the swap.
Once you are happy with the exchange, tap the "Swap" button, and the "Confirmation Message" will pop up on your screen. Double-check the "Transaction Details" and click the "Swap" button, and the transaction will be processed. Once the transaction is done, you will see the Token you swapped on your HashPack wallet's assets section.
Conclusion
HashPack is a completely non-custodial wallet and the gateway for Hedera DeFi, dApps, and NFTs, powered by Hedera HashGraph. Also, this wallet comes with several features like ledger support, biometric security, an address book, multiple wallets, and many more. So if you want to access all its features and start trading, then install the HashPack Wallet Extension and create your account with the help of some easy steps.
Disclaimer: "Do not interpret the given information as the endorsement of HashPack wallet in any manner. We have included all these details only to train and guide our readers about using HashPack. The furnished information may not always be completely accurate. Also, using any crypto service comes with some risks. So, make sure that you do your own research before you take any actions referring to this website."