But wait, no wallet yet? I got you. Last week, my buddy hit me up freaking out because he wanted to snag a Tezos NFT drop but had no clue where to start. "Is Kukai any good?" he asks. Honestly? Yeah, it's my go to for Tezos stuff. Super chill interface, doesn't screw around with your keys, and works on anything with a browser. Why Tezos specifically? Low fees - like 0.0005 XTZ per transaction, peanuts compared to Ethereum gas wars. And staking? You delegate your XTZ and earn around 5-6% APY without locking up funds. Sound familiar? That's the vibe we're going for here.
So, let's get you set up. No fluff. Just real steps from someone who's done this a dozen times.
Look, security first. Kukai keeps your private keys right on your device. Never zips them over the internet. That local wallet file? Encrypted with a password only you know. In my experience, that's better than most web wallets that phone home to some server.
But it's not perfect. No built in token swaps, so you'll hop to a DEX like Quipuswap for trades. And that DirectAuth login with Twitter or Google? Convenient, but kinda kills anonymity - anyone can link your wallet to your socials. I skip it. Stick to seed phrases.
User friendly? Hell yes. Clean dashboard shows your balance, NFTs, staking status. One click delegation. Works on phone, laptop, whatever. Half a million users trust it, and it's been audited. Fees are network based only - no wallet cut. Pretty much plug and play.
Why does this matter? One wrong click on a phishing site, and poof - gone. But Kukai's offline signing? Game changer for big stacks.
Okay, fire up your browser. Head to kukai.app. Boom, three options: Create new, import, or Ledger. Newbies, hit Create New Wallet.
It spits out 12-24 seed words. Write 'em down. Offline. On paper. Not your phone notes. Test yourself by entering a couple missing ones - the wallet makes you verify. Then set a strong password. 12+ characters, mix it up. Done in 5 minutes.
Now deposit XTZ. Two ways:
Your dashboard lights up. Balance there. Public address? Copy it or QR code for easy receives. That's it. Wallet live.
Got funds? Sweet. Click Send. Paste recipient address or Twitter handle if they're on Kukai. Enter amount, say 50 XTZ. Preview fee - tiny. Password prompt. Sign. Broadcast. Done. Lands in seconds.
Pro tip: Always preview. Double check address. I once fat fingered one - caught it. Fees stay low, no surprises.
Receiving? Just share your address. No approval needed.
Tezos baking (their staking) is fire. Delegate to a baker, earn rewards. No lockup - withdraw anytime. Current APY? 5.5% average.
Steps:
In my experience, pick bakers with 100% uptime, low fees (0.5-2%). Track on the dashboard. Undelegate? Same process, takes 7 cycles (few days).
| Baker | Fee | Uptime |
|---|---|---|
| Pools.fyi top | 0.5% | 99.9% |
| Everstake | 1% | 100% |
| You (run your own) | 10% | Yours |
Why delegate? Your XTZ works for you. I stake 80% of mine always.
Tezos NFTs? Objkt.com, Versum. Connect Kukai, browse gallery in wallet. Buy with XTZ. Gallery auto sorts your collection. Lazy minting too - list without gas upfront.
dApps? DeFi on Quipu, Stader. Click Connect, sign. No seed exposure.
Issue? Some dApps glitch on mobile. Use desktop version.
This is the secret sauce. Got big money? Don't risk online hacks. Use two devices: one offline signer, one online workstation.
Setup on offline machine (old laptop, no WiFi):
USB to online machine. Import view only. Now create unsigned tx (send 500 XTZ). Download .tzop file. USB back to offline.
Offline: Offline Signing > Sign operation > Load .tzop > Password > Sign > Download signed.tzop. USB to online > Broadcast.
Tedious first time. But for 10k+ XTZ? Worth it. Equals hardware wallet security. I do this for cold storage.
Small daily ops? Hot wallet with 1% of stack. Rest offline.
Own a Ledger? Install Tezos app via Ledger Live. kukai.app > Connect Ledger. Approve on device. Boom, hardware secured.
Steps precise:
Staking, NFTs - all signed on device. No seed risk.
iOS App Store: Kukai Wallet. Free. Biometrics lock. Same features. NFT gallery pops. But web version more powerful for dApps. I flip between both.
Android? Web app in browser. PWA installable.
Wallet won't load? Wrong network - switch to Mainnet.
Seeds lost? Import from file or Ledger.
Phishing scare? Official only: kukai.app. Bookmark it.
Update habit: Check for new versions. Revoke old dApp connects monthly via tzkt.io.
Tax time? Export tx history from dashboard. CSV ready.
From Temple? Export seeds, import to Kukai. Keystore file? Upload direct.
Steps:
Easy switch. I migrated 2k XTZ last month, no sweat.
Log out after sessions. Enable 2FA if offered. Never share seeds. Test recovery yearly - make a dummy wallet, restore it.
Multiple accounts? Add via dashboard once funded. Label 'em: Hot, Cold, NFT.
Fees table for ref:
| Action | Tezos Fee |
|---|---|
| Send XTZ | ~0.0005 XTZ |
| Delegate | ~0.001 XTZ |
| NFT Mint | ~0.01 XTZ |
| dApp Connect | Free |
Numbers real, from mainnet scans.
Now you're rolling. Check balance morning coffee ritual. Delegate once, forget. Flip NFTs on Objkt. DeFi yields. All in Kukai.
One more: Community's tight. Discord for help. But self custody rules - you're the bank.
Hit a wall? Drop specifics, I'll walk you. Go stack some XTZ.