Get started with DeFi Lab

New technology can seem daunting at first, even for modern power users. To make your onboarding to DeFi Lab as hassle-free as possible, we've created some guides and manuals.

Creating crypto wallet

First thing's first, let's hook you up with a crypto wallet.

LocalTrade DeFi Lab operates on Binance Smart Chain (BEP-20 network), thus you'll need a BEP20-compatible cryptocurrency wallet, either mobile or desktop.

We recommend using DeFi Wallet from LocalTrade to ensure a smooth and seamless Web3 experience. Alternatively, you can try Metamask – one of the most popular crypto wallets.

Make sure to memorize your recovery phrase and private keys: save them in a password manager, write them down and store them in your vault or safe box. Make sure that no one except you knows this information. If you lose these keys, it will be impossible to access and restore your funds.

DeFi Wallet from LocalTrade is a popular open-source crypto wallet for mobile devices that supports multiple networks, DApps, staking, etc. LocalTrade DeFi Wallet is the best for beginners and enthusiasts, as it includes WalletConnect and Binance Smart Chain support by default.

pageCreate your DeFi Wallet

Connecting wallet to DeFi Lab

All right, now that you have a crypto wallet ready, it's time for the final step β€” connecting your wallet to LocalTrade DeFi Lab. Π‘heck the guides down below in order to set everything up.

iOS/Android Devices

In order to connect your DeFi Wallet to DeFi Lab through WalletConnect feature, follow these steps:

  1. After returning to the DeFi Lab website, you'll be offered to Add LTT and LUSD tokens to your wallet. DeFi Wallet already includes these tokens, so you can go ahead.

Web/Desktop Wallets

On the DeFi Lab website, scroll down until you see a Swap UI offering you to Connect Wallet. Tap on the Connect wallet button on LocalTrade DeFi Lab.

Choose your preferred wallet (Metamask or WalletConnect) and confirm your decision to connect the wallet to the DApp. For Metamask, tap on the Metamask button.

A Metamask notification will appear. Tap on Connect to complete your connection to LocalTrade DeFi Lab.

After that, you’ll see an interface that allows you to add LTT and LUSD to Metamask. Click on both LUSD and LTT to automatically add them to your wallet.

That's it! Your wallet is now connected to LocalTrade DeFi Lab. Follow the next steps to purchase some LTT.

Great! Now you're all set to start using DeFi Lab. Check out available products and offerings in other sections of our GitBook.

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