HashPack Wallet Extension - The Leading HBAR Wallet
HashPack is a non-custodial wallet that supports native HBAR staking, NFT gallery, address books, peer-to-peer NFT trading, free account registration, HTS support, and multi-account support. It has smooth Ledger integration and can buy HBAR in-wallet via MoonPay and Banxa. You can also interact safely with your desired Hedera dApps, using the HashPack Wallet Extension to approve currency transactions while storing your private keys securely.
Why Select HashPack Wallet Extension
Non-custodial
HashPack doesn't back up your account data or keep the information anywhere for safety reasons. If you uninstall the wallet app or lose your device, you must import your wallet using the secret seed phrase. This means you fully control your recovery phrase or private key.
Encrypt the data
The wallet securely encrypts your sensitive data using the device PIN, app password, or biometric unlock. HashPack employs in-app and in-browser local storage to keep your application data. The wallet encrypts all the information of the users through SHA512. Also, this wallet secures users' passwords utilizing PBKDF2 key derivation.
HashScan
The wallet has a feature called HashScan to offer an updated record of transactions. HashPack provides this feature for the user's convenience. The transaction history page contains a URL to the dragonglass entry for every transaction.
Live chart
HashPack utilizes a TradingView widget to offer an updated price graph for your comfort. Users can access the live chart from the account screen.
Support multiple wallets
HashPack supports several wallets in a single app. If users keep their HBAR in multiple wallets, they can save them in the mobile app for easy and quick access.
NFT gallery
The wallet offers a gallery for the NFTs available in an account. Remember that after completing the transfer, the non-fungible tokens can take a short while to display in the gallery because of the refresh restriction on Hedera Mirror nodes.
How to Set Up HashPack Wallet
HashPack allows users to create a Hedera account for free in a few steps. If you haven't yet set up your HashPack account, complete the simplest procedure below and create your wallet.
First, head to the official HashPack Wallet Extension website to download the wallet on your browser.
Next, you must generate a strong password. This password will encrypt your device and won't transmit over the internet. Remember, If you are utilizing HashPack on multiple devices or browsers, you must develop a new password and import your account on each browser or smartphone device.
After saving the password, walk through the Privacy Policy and Terms of Usage of HashPack and tap on the checkbox if you agree.
Then, press the Next button.
For the next step, hit the Create New Wallet tab.
Next, jot down the secret seed phrase or private key visible on the screen. This private key will permit you to retrieve your account. Remember to store the phrase somewhere safe.
You should input the missing words from your phrase on this page to confirm that you have noted them correctly.
After this, specify a nickname for the wallet and choose the Create Wallet option.
Now, you must save your account information and note the Account ID. Your Account ID will help you send, pay, and receive with HBAR. You will also need it to recover or import your account.
On the next page, press the Reveal Recovery Keys button. Jot down the Privacy Key on your screen like you did your seed phrase.
If all looks correct, select the Done option and enjoy the wallet's features and service.
How to Exchange Tokens with HashPack Wallet Extension
You can now exchange desired tokens directly in-wallet. Also, you can take advantage of Hedera's low fees and lightning-rapid performance, made possible via HashPack integration with SaucerSwap, the developing DEX (Decentralized Exchange) on Hedera. Token exchanging is one of the key functions of DeFi, and HashPack permits you to swap tokens.
To start, you must move to the HashPack Wallet Extension or launch the mobile app on your device.
After accessing your wallet, hit the Swap tab and choose the token you wish to swap and the token you need to receive.
Pick the token you want to Swap From at the top dropdown menu and the token you desire to Swap To using the bottom dropdown menu.
Next, you should submit the desired amount to exchange, and the swapping technology of HashPack will display the amount you will obtain in exchange.
Note: The Slippage option will help you find the highest cost impact you wish to take. Based on the token you have picked and its liquidity, the Slippage may require an increase for the exchange to go through.
When you are ready, hit the Swap icon, and a confirmation window will appear. Review the details, choose the Swap option again, and your transaction will begin processing.
After completing the transaction, you can check the token you have exchanged on the Assets tab.
Conclusion
HashPack Wallet is a desktop, mobile, and browser wallet created for interacting with Hedera dApps in the NFT and DeFi ecosystem. HashPack supports different wallets in one app. If you keep the HBAR in various wallets, you can secure them in the mobile for easy access. The best thing about this wallet is it's a non-custodial wallet. This means this wallet will never send your data over the internet. HashPack encrypts your private key or recovery phrase on your desired device and does not send it over the internet. You can check out the above post to learn all the essential features and uses of the HashPack Wallet Extension.