How to open and set up your MainNet wallet (2024)

We are pleased to announce the release of the private version of the COTI Trustchain MainNet! We invite all of COTI’s future coin holders to open a MainNet wallet as part of the coin distribution process, before 1 June 2019.

This step-by-step guide will instruct on how to open your COTI wallet

*Disclaimer: you need to complete the full wallet opening process, including sending us your wallet address before June 1, 2019.

To access COTI’s Trustchain MainNet wallet, or any other current and future COTI products, you will first need to open a CPS (COTI Payment System) account, the getaway to the COTI network.

How to open and set up your MainNet wallet (3)

*This is a one-time step, so if you already opened a CPS account during the AlphaNet or TestNet, then feel free to skip over to the instructions on how to open a MainNet wallet.

  1. Click here and sign up
How to open and set up your MainNet wallet (4)

2. Verify your email and fill in your details

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3. Verify your account. Click here for our full verification guide.

The team will review your documents and contact you via email once your account is verified.

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Once your account is verified, you can log in to your CPS account to set up your Trustchain MainNet wallet.

  1. Log in to your CPS account. You will see the gateway window, click on Trustchain.
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2. Click on ‘Generate a seed’. Make sure that MainNet is selected. The seed is the unique identifier for your wallet, i.e. the username for logging into your wallet.

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3. Choose your own private key and store it securely. It’s extremely important to keep it safe because you’ll need it to restore your seed in case you forget it (If you lose your secret key, there is no way to restore it and your funds will be lost).

  • Make sure to select ‘MainNet’ and insert your private key.
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You can only generate one new seed once per account. Although the system will allow you to generate a second seed, you won’t be able to connect to your wallet with it.

4. Copy and save your seed, Click ‘Go to wallet’ to get back to your Trustchain MainNet wallet.

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5. Log in to your wallet by selecting MainNet, inserting your seed, and choosing a node to connect to.

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*If it’s your first time connecting, you will be redirected to the CPS (COTI Payment System) to match your seed with the Trust Score Node and to receive your Trust Score:

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  1. In your wallet overview, click on ‘generate new address’
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2. Send an email to support@coti.io with your wallet address

*Double check your wallet address before sending it to us

**Make sure to use the same email address you initially registered with

  • The coin distribution process will take 8–10 weeks for the purpose of collecting beta tester and early stage merchant reviews and bug reports. Read the full schedule here.
  • Do not share your seed or private key with anyone under any circ*mstance. Your seed and private key are similar to your bank account password.
  • Do not share your personal details on any media channel.
  • Make sure to only provide your wallet address to the official COTI email at contact@support.io or support@coti.io.
How to open and set up your MainNet wallet (2024)

FAQs

How to open and set up your MainNet wallet? ›

Step 1: open a CPS (COTI Payment System) account

Verify your account. Click here for our full verification guide. The team will review your documents and contact you via email once your account is verified. Once your account is verified, you can log in to your CPS account to set up your Trustchain MainNet wallet.

How to create a mainnet wallet? ›

Step 1: open a CPS (COTI Payment System) account

Verify your account. Click here for our full verification guide. The team will review your documents and contact you via email once your account is verified. Once your account is verified, you can log in to your CPS account to set up your Trustchain MainNet wallet.

What is mainnet wallet? ›

Mainnet is the term used to describe when a blockchain protocol is fully developed and deployed, meaning that cryptocurrency transactions are being broadcasted, verified, and recorded on a distributed ledger technology (blockchain).

How to transfer pi to mainnet wallet? ›

Complete Mainnet Checklist For Mainnet Migration
  1. Download Pi Browser App.
  2. Create a Pi Wallet.
  3. Confirm your Pi Wallet.
  4. Commit to Lockup Configuration.
  5. Submit your KYC application.
  6. Wait for KYC results.
  7. Sign Acknowledgement to receive Tokens.
  8. Migrate to Mainnet.

How do I add mainnet to MetaMask? ›

To add Mode Mainnet as a custom network to MetaMask:
  1. Open the MetaMask browser extension.
  2. Open the network selection dropdown menu by clicking the dropdown button at the top of the extension.
  3. Click the Add network button.
  4. Click Add a network manually.
  5. Tap the Save button to save Mode Mainnet as a network.
Feb 13, 2024

How do I set up my own wallet? ›

In general, there are four basic steps.
  1. Choose the type of wallet that works best for you.
  2. Sign up for an account, buy the device or download the software needed.
  3. Set up your security features, including a recovery phrase.
  4. Purchase cryptocurrency or transfer coins from another wallet or exchange.
Mar 8, 2024

How much is a pi coin worth? ›

1 PI = 41.45 USD

How does the market feel about Pi today?

Is mainnet real money? ›

On a mainnet, users perform actions such as sending and receiving cryptocurrencies. These transactions are real, meaning they have actual value and are permanently recorded on the blockchain. This is why transactions on the mainnet must be performed with caution – once a transaction is confirmed, it cannot be reversed.

How do I withdraw from mainnet? ›

Initiate the withdrawal
  1. Browse to the gateway.
  2. Click Connect Wallet, select your wallet type, and approve the connection in the wallet itself if asked.
  3. Select Withdraw.
  4. Select Using the official bridge.
  5. Select the asset and amount.
  6. Click Withdraw.
  7. Click the check boxes and accept the withdrawal:
Jun 16, 2023

What does it mean to open the mainnet? ›

It signifies the transition from a closed, testnet environment to a fully functional, public blockchain. This brings several key benefits: Exchange and use of Pi: Mainnet allows Pioneers to trade Pi coins with other cryptocurrencies and fiat currencies through exchanges.

How much is 1 pi in dollars? ›

41.89 USD

Can I withdraw from my PI wallet? ›

Pi Network itself does not currently offer any way to withdraw Pi except for a pilot program on their partner platform, Pi Chain Mall (PCM). Here's a breakdown of the current situation: Official Withdrawals (Limited): PCM launched a limited Pi withdrawal feature in February 2024.

Can you transfer pi to cash? ›

Selling Pi coins through the P2P method offers a tangible way to convert digital assets into cash. However, vigilance against scams and a reliance on reputable platforms are paramount.

How to set up base wallet? ›

Using Base with your wallet
  1. Open the Coinbase Wallet browser extension and log in to your account.
  2. Connect to an app using Coinbase Wallet.
  3. Open the network selection menu by clicking the network icon in the upper right-hand corner.
  4. Select Base.

What is MetaMask mainnet? ›

MetaMask is the leading self-custodial wallet. The safe and simple way to access blockchain applications and web3. Trusted by millions of users worldwide.

What is Ethereum mainnet wallet? ›

An Ethereum wallet enables you to store/trade/use ether (ETH), Ethereum's native cryptocurrency, and other Ethereum-based assets like ERC-20 tokens and NFTs. (Note: uppercase “Ethereum” usually refers to the network, while lowercase “ether” or its abbreviation “ETH” refers to the cryptocurrency.)

How do I create a core mainnet wallet on MetaMask? ›

Steps To Add CORE to MetaMask
  1. Open your wallet and go to the "Add network" page.
  2. Enter the required details and click "Save". After entering all the required details, you can click "Save" to add CORE to MetaMask. CORE. https://rpc.coredao.org/ 1116. CORE. https://scan.coredao.org.

How do I create a polygon mainnet wallet? ›

How do you make a Polygon wallet? Create your Metamask Wallet by creating your MetaMask account. Add the Matic Mainnet on your networks, by clicking Custom RPC to create your Polygon Mainnet. Thereafter fill in the required information and click save.

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