Wallet FAQ Guide: Everything You Need to Know

·

Introduction

Managing a crypto wallet can seem daunting, especially for beginners. This comprehensive guide answers common questions about wallet creation, security, transactions, and troubleshooting—helping you navigate the process with confidence.


Wallet Creation and Security

How to Create a Wallet

Your wallet is automatically generated when you access the Wallet tab. To ensure recovery:

  1. Write down your seed phrase (a 12- or 24-word backup).
  2. Store it securely—this phrase is your only way to restore access if you lose your device.

What Is a Secret Phrase?

Your seed phrase is the master key to your funds.

👉 Learn more about wallet security best practices


Claims, Transactions, and Fees

How to Claim an Airdrop

  1. Wait for the $MEMEFI token launch (announced on MemeFi’s social media).
  2. Ensure you have Linea $ETH for gas fees (required to claim).

Transaction Fees

Depositing Linea $ETH

  1. Buy $ETH on exchanges like OKX or ByBit.
  2. Withdraw to your wallet:

    • Select the Linea network.
    • Paste your wallet address.

Troubleshooting

Error: "This Wallet Is Used by Another Account"

This is a known issue being resolved. Await the next app update.


Supported Networks and Wallets

Exchanges with Linea Support

Most major platforms (e.g., OKX, ByBit) support Linea withdrawals/deposits.

Does the Wallet Support TON?

Not currently. Bridge TON to Linea via:

  1. Orbiter Finance (link).
  2. Use a Web3 wallet (e.g., MetaMask) to manage funds.

👉 Explore multi-chain wallet options


Wallet Integration

Connecting or Importing Wallets


FAQs

1. Can I recover my wallet without a seed phrase?

No—the seed phrase is irreplaceable. Store it securely.

2. What if I lose my Linea $ETH deposit?

Contact the exchange’s support team for withdrawal issues.

3. How do I check my transaction status?

Use a Linea block explorer (e.g., LineaScan).

4. Is MemeFi’s wallet non-custodial?

Yes—you control the seed phrase and funds.

5. Can I use this wallet for other EVM chains?

Yes, by importing it into multi-chain wallets like OKX Wallet.


Final Tips