BraidPay Doc
  • Get Started
    • Overview
  • Set Up BraidPay
    • Creating an Account
    • Setting Up Your Wallet
    • Identity Verification (KYC)
    • Dashboard Overview
    • Webhooks
  • Accept Payments
    • Create Payment Link
    • Creating an Invoice
    • Get Paid by BraidPay Users
    • Email Receipts
  • Manage Funds
    • Receive Payouts
    • Add Bank Account(s)
  • Pay With BraidPay
    • Pay Invoices & Payment Links
    • Send Money to BraidPay Users
    • Transfer to Another Crypto Wallet
  • Security and Privacy Settings
    • Self Custodial Wallet
    • Change Your Pin
    • Manage Fraud Risks
    • Backup Wallet
  • Support
    • FAQ
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  1. Set Up BraidPay

Setting Up Your Wallet

BraidPay uses advanced MPC (Multi-Party Computation) technology to ensure the security of your assets while giving you full control. To start accepting payments you must set up your wallet.

PreviousCreating an AccountNextIdentity Verification (KYC)

Last updated 7 months ago

Wallet Setup Process

  1. Set Up Wallet:

    • When you attempt to access payment features after singing up, you’ll see a prompt on the dashboard instructing you to complete your Wallet Setup and Identity Verification.

    • Click on Wallet Setup to begin.

  2. Create a Secret PIN:

    • After clicking on Wallet Setup, you’ll be guided to set up a Secret PIN for your wallet.

    • Enter and confirm the secret PIN. You must agree to the terms:

      • The PIN cannot be recovered once set.

      • The PIN is required for future withdrawals.

  3. Optional: Back Up Your Wallet:

    • After creating the PIN, you’ll be prompted to back up your wallet using either Google Drive or Passkey. While this step is optional, we strongly recommend it for added security.

    • Back up allows for wallet recovery without needing the PIN if access is lost.

  4. Finalize Wallet Creation:

    • Once your PIN is set and backup is complete, your wallet is linked to your BraidPay account, allowing you to send and receive payments and access BraidPay’s payment tools.