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How To Install The Talisman Wallet – Bitcoin & Crypto Guide

The Talisman wallet is a browser extension wallet that allows users to interact with Polkadot and Kusama networks. Using the wallet interface, users can store, send/receive, and manage Polkadot ecosystem coins. It also allows you to connect with Polkadot testnets. It is currently available for Chromium browsers (Brave, Chrome, etc) and Firefox.

So, in this article, we will explain how you can install, set up, and work with the Talisman wallet.

Install The Talisman Wallet

To install the wallet, visit their official website, you will find the Download button in the top corner of the main page.

Click on it, and it will redirect you to the page where you can see the Add to Chrome button. Click on that button and the browser will ask for your permission to add the application to the browser extension.

Talisman Wallet

Provide your approval, and you can see the below application icon will be added to your browser extension.

Talisman Wallet

Setup Wallet

Once you install the application, the next step is to set up your account. Click on the application icon, and the below page will open. Now, click on the Get Started button.

Talisman Wallet

IMPORTANT: The Talisman wallet extension is currently in the Beta phase. The software has been audited but it may contain some bugs. So use it at your own risk.

You will find two options for wallet setup:

  • Create a new account
  • I already have one

Talisman Wallet

Create A New Account

If you are a new Polkadot user and want to create a new account then choose this option.

Click on the Create a new account. A window will appear where you need to put some names for your account. Setup the password for the account, and you can see your newly created account.

Talisman Wallet

We will explain Setting up an existing account in Add account section.

Backup key phrase

Users are required to back up their account immediately after creating it. We would recommend our users to take a backup of their account before transferring any assets.

To make a backup, click on the BackupNow button (see screenshot above). The application will ask you to provide your wallet’s password and show you the 12-word keyphrase. Store your key phrase safely, it is important and let you import your account and assets in case you lost your device.

Talisman Wallet

receive

To receive any Polkadot ecosystem token, you need to first click on the below-highlighted icon. A window will open from where you can select the network (different networks has different address format) in which you wish to receive the coin.

We have selected Polkadot, and the address is copied directly. We have then used this address to transfer a few DOT coins from an exchange.

As you can see from the screenshot below, DOT coins are visible in our wallet once the transaction is successful.

Talisman Wallet

send

Using the send option, you can transfer your Polkadot ecosystem coins to another address.

Click on the send buttons. Next, you need to enter the amount and address where you wish to send your coins. Review and confirm your transaction.

Talisman Wallet

Note that the wallet requires you to hold a minimum of 1 DOT in your account. In case your balance fall below it, the remaining DOT will be forfeited.

Add account

the Add account option allows you to add a new/existing account into your wallet application via various methods:

  • Add new account
  • Import from Polkadot.js
  • Import from Secret Phrase

Talisman Wallet

We will discuss each of the above methods in detail.

new account

As the name implies, using new account, users can create a new account. Creating multiple accounts in a wallet application will help you in managing and monitoring your funds.

The process for creating a new account is simple. Just, click on this option, provide the account name, and a wallet will be created.

Talisman Wallet

Import From Polkadot.js

Users can import their existing Polkadot account by giving the .json file.

Click on this option. Provide the .json file, and password of the account that you wish to import. Confirm the process, and you can see the imported account and assets associated with it.

Talisman Wallet

Import From Secret Phrase

Users can also import an existing account by giving the 12-word secret phrase.

Click on this option, and provide the account’s backup phrase correctly. Confirm the process. You can see your imported account and coins (see below screenshot).

Talisman Wallet

Settings

Using the Settings tab users can do the following activities:

  • backup account Take a backup of their keyphrase
  • Trusted Sites This shows the list of sites connected with the wallet application
  • Extension Options Enable connection to test networks (mandala, Westend)
  • Security And Privacy Gives you options to send error reports via Sentry

Talisman Wallet

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