Celebrium® Collectors Welcome 52022-07-23T01:48:20-04:00

Welcome Celebrium® Collectors!

Now let's get your crypto wallet set up.

Review: What is a crypto wallet?

A crypto wallet is like a regular wallet. It’s just digital and built to hold your crypto. Like a regular wallet, you can put crypto in and take crypto out of it.

It also lets you receive and send crypto and crypto related items like NFTs.

Your crypto wallet can also serve as a “passport” or “ID” that lets you prove ownership of its contents including, but not limited to, the specific Celebrium® Memos that grant your benefits.

The right type of wallet will put you in complete control of your collection so you can sell your NFTs if you wish. It will also enable you to receive free NFTs and access other benefits that your Collector status includes.

We are recommending Coinbase Wallet for new and first-time crypto collectors. This is mainly because of its ease of use and excellent features for people new to the world of crypto and NFTs, and those who like to keep things simple.

Coinbase Wallet is a self-custody wallet – meaning you control its contents and access to it and no one else, not even Coinbase.

You can have a crypto wallet on your phone, or your computer, or both. For convenience and efficiency, we’re recommending having your crypto wallet in both places and the steps that follow will walk you through that process.

STEP 3: Set Up Coinbase Wallet

PLEASE NOTE: Coinbase and Coinbase Wallet are TWO DIFFERENT PROGRAMS. They are run by the same company, but they are different and do not work together unless you actually connect them.

Think of Coinbase Wallet as your debit card. Think of a Coinbase.com account as a bank account. These descriptions are not 100% accurate, but will help illustrate the difference between these two distinct things.

Having a Coinbase.com account does not automatically give you a Coinbase Wallet and vice-versa. The instructions below refer to Coinbase Wallet and not Coinbase.

Here are the steps to set up your Coinbase Wallet.

Watch the first video on this page for an overview – https://www.coinbase.com/wallet/tutorials

NOTE: We DO NOT recommend saving your secret phrase to the cloud. Just print or write down a few copies and keep the copies in safe places.

Things you'll need handy:

FIRST: Install the wallet in your browser.

STEP 1: Go to https://www.coinbase.com/wallet

STEP 2: Click the BLUE “Download Coinbase Wallet” button. This will open your web browser’s extension store with a screen that looks like the picture at right.

STEP 3:  Click the Add Extension button in the little window that pops up.

A new tab will open and a little window will pop-up that shows you what the Wallet icon looks like in your browser.

STEP 4: In the new tab click the Create new wallet button.

STEP 5: Choose a user name and click Submit. This is permanent but you can create another wallet if you want a different name.

STEP 6: The wallet will now show your secret phrase blurred out. Click the fuzzy area or eye to see them.

STEP 7: Click Copy to clipboard.

STEP 8: Open Word or whatever you use for documents.

STEP 9: Paste the secret words you just copied to your clipboard into the document and save it.

STEP 10: Print at least one copy of this document and put it in a safe place. You can, and should, also write these words down on paper or in your password notebook.

DO NOT SKIP THIS STEP. If you lose this phrase, you lose your wallet and everything in it. It is the master key to your wallet and everything in it. Coinbase cannot recover it.

STEP 11: Return to the wallet tab in your browser. Read the text next to the checkbox. Check the box and click Continue.

STEP 12: Verify that you know the secret phrase by clicking the 1st and last words in it. Then click Submit.

STEP 13: Create a strong password and write it down in a safe place where you can find it later.

STEP 14: Click the terms & privacy box (feel free to read them). Then click Submit.

STEP 15: Depending on your browser, you’ll see a screen or window showing you how to find the wallet in your browser’s extension area.

Great! Now it's time to put Coinbase Wallet on your phone.

Coinbase Wallet Browser Install

Click an image to enlarge it.

Coinbase Wallet Icon

SECOND: Put Coinbase Wallet On Your Phone

STEP 1: Open your phone’s app store (App Store or Google Play Store).

STEP 2: Search for Coinbase Wallet

STEP 3: Ignore any ads and look for “Coinbase Wallet” and the Coinbase Wallet icon. See pictures at right (or below on mobile).

STEP 4: Click the “Get” or “Install” button to install the app on your phone.

STEP 5: The app will normally launch automatically. If it doesn’t, open it.

THIRD: Connect the Coinbase Wallet App to Browser Extension

Click an image to enlarge it.

STEP 6: Grab the 12 word secret recovery phrase that you wrote down earlier. 

STEP 7: In the mobile app, click “I already have a wallet”.

STEP 8: Click Restore with recovery phrase and follow the instructions presented in the app.

If you need additional assistance, you can head to the link below and follow the instructions under Import an Existing Wallet to connect your browser extension Coinbase Wallet to your Coinbase Wallet mobile app here: https://www.coinbase.com/wallet/articles/getting-started-mobile

FOURTH: Connect Coinbase Wallet to Your Coinbase.com Account

STEP 1: Head to this link and watch the fist video:

https://help.coinbase.com/en/wallet/sending-and-receiving/how-do-i-move-assets-between-my-coinbase-wallet-and-my-coinbase

STEP 2: Follow the instructions on the above link under Link Your Coinbase Wallet and Coinbase.com Account.

Great! Now it's time to buy some crypto and put it in your wallet.

Click an image to enlarge it.

Step 4: Add some MATIC to your Coinbase Wallet

MATIC is the crypto currency used by the Polygon blockchain network. We’ve chosen the Polygon network due to its speed, lower cost, lower energy consumption, popularity, and compatibility with the Ethereum network.

STEP 3: Add some MATIC to your Coinbase Wallet.

Now that you have your Coinbase crypto account and Coinbase Wallet set up on your phone and computer, it's time to put some MATIC in your wallet so you can cover Polygon Network transaction fees.

Things you'll need handy:

A Coinbase.com (or other exchange) account.
The Coinbase Wallet App on your phone
The Coinbase Wallet browser extension installed
The Coinbase.com app on your phone
Driver license or Passport (they do not accept Passport Cards).
Your Coinbase & Coinbase Wallet login information

NEXT: Put some MATIC in your Coinbase Wallet

Log in to your Coinbase account on your computer or phone.
Step 2 : Click BUY
You'll be buying MATIC which is the cryptocurrency of the Polygon Network, the blockchain network that the Celebrium® Genesis Collection is on. We chose the Polygon Network because it offers all the security, features and popularity of the Ethereum Network without the high transaction fees, slow processing time and heavy environmental impact.
Step 4 : Purchase $5 or $10 worth of MATIC
Step 5 : Sign in to your Coinbase Wallet
While signed in to the Coinbase Wallet app on your phone, click Link Coinbase Wallet app in your browser extension. You’ll see a QR code to scan.
Step 6: Send $5 or $10 in MATIC to your Coinbase Wallet
Complete instructions on how to send funds to your Coinbase Wallet are in the 2nd video here: https://www.coinbase.com/wallet/tutorials. And on this page here: https://help.coinbase.com/en/wallet/managing-account/buy-crypto.
Using an exchange other than Coinbase for this may result in higher transaction fees and longer processing times.
polygon-logo
Step 7 : Confirm the transfer has gone through.
Even though the Polygon Network is very fast, it's still blockchain and transactions can sometimes take a few minutes. If this happens, don't panic. Give it a few minutes and your funds should appear in your Wallet.

Now you’re all set! The next step is to start the NFTpay transfer process to move your Memos® into your Coinbase Wallet. But we’ll cover that in the next update.

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