The easiest way to instantly create a Wax wallet is to use the browser-based Wax Wallet. You can create an account with one click using Facebook, Google, Steam, Twitter, Discord, Reddit, Twitch, or other social accounts. Most Wax dApps use this Wax Wallet as a login option. A public wallet ID will be created for you automatically, something like abcd.wam. This is the ID you’ll want to give anyone sending you Wax or NFTs.
After you log into Wax Wallet for the first time, click on Settings > Security and enable 2-Factor Authentication. This adds a needed layer of security to your wallet to prevent anyone from stealing your account. It’s vital that you do not skip this step when setting up your wallet.
If you’re not comfortable with a browser-based wallet, there’s an offline option as well. After creating an online Wax Wallet, you’ll want to download Anchor Wallet. Once you open Anchor Wallet, go to Tools > Generate Key Pair. Save these keys in a secure location.
Then in Wax Wallet, go to Settings > Create New Wax Wallet and put in your public key. Choose a 12-character wallet name and click “Create Wax Account”.
Now go back to Anchor Wallet and click on Manage Wallets > Import Accounts. Click on Import Account > Import Private Key and then put in the private key you created earlier.
You can now log into most Wax dApps using your Anchor Wallet, although I would advise keeping an active Wax Wallet as well for sites and apps that don’t accept Anchor Wallet as an option. It also doesn’t hurt to have a backup wallet for when you can’t use one or the other.