obtain-a-xion-wallet-address.md

description
How to create a Wallet and obtain Funds

Obtain a Xion Wallet Address

{% hint style="info" %} :warning: Disclaimer

While setting up a rudimentary validator node is easy, running a production-grade validator node with a robust architecture and security features requires a more involved setup, which is beyond the scope of this guide. {% endhint %}

Create a new Wallet

We provide a sample snippet which will create a new key in your local keychain:

$ xiond keys add \
    my-wallet-name \
    --keyring-backend test \
    --home /home/xiond/.xiond

When running this command, you will not be prompted to enter your keyring password, due to --keyring-backend being set to test. This is the least secure setting.

Please refer to the Cosmos SDK documentation for a more in-depth discussion of the different keyring backends.

The output of this command contains the wallet adress, as well as its associated mnemonic.

{% hint style="info" %} :warning: Keep your Mnemonic Safe

Be sure to preserve and protect your mnemonic.

You should take the utmost precautions when managing the mnemonic for any of your cryptocurrency wallets. {% endhint %}

Restore a Wallet from a Mnemonic

We also provide a sample snippet which will help recover a wallet from its mnemonic:

$ xiond keys add \
    my-wallet-name \
    --keyring-backend test \
    --home /home/xiond/.xiond \
    --recover

As above, you will not be prompted to enter your keyring password, due to --keyring-backend being set to test.

However, you will be prompted to enter your BIP39 mnemonic; upon completion, your wallet will be restored and available for use.