Setting Up Xverse: Your Bitcoin Ordinals Wallet

🎯 Course Objectives

By the end of this module, learners will:

• Install Xverse on their mobile device or browser

• Create a Taproot-enabled Bitcoin wallet

• Securely back up their 12-word recovery phrase

• Understand the difference between BTC and Ordinals addresses

• View, send, and receive Ordinal inscriptions (Bitcoin NFTs)

• Connect their wallet to Ordinals marketplaces
  
  
  

  

  
  Primary Blockchain: Bitcoin (Ordinals on the Bitcoin mainnet)
  Tools/Platforms: Xverse Wallet (mobile app or Chrome extension)

🧰 Step-by-Step Guide

1. Download Xverse

• Official Website: https://xverse.app

• iOS: Download from the App Store

• Android: Download from Google Play

• Chrome Extension: Install from the Chrome
  
  

  

⚠️ Security Tip: Always download Xverse from official sources to avoid phishing scams.

2. Install and Set Up Xverse

• Open the Xverse app or extension and tap "Create New Wallet".

• Set a strong password to secure your wallet.

• Agree to the Terms of Service and Privacy Policy.
  
  

  

3. Secure Your Secret Recovery Phrase

• Xverse will display a 12-word Secret Recovery Phrase. This is crucial for wallet recovery.

• Important: Write it down on paper and store it in a safe place. Do not share it digitally or with anyone.

• Confirm your Secret Recovery Phrase as prompted.
  
  

  

🛡️ Security Tip: Never share your Secret Recovery Phrase. Xverse will never ask for it unsolicited.

4. Understand Your Wallet Addresses

• Xverse provides two types of Bitcoin addresses:

  • BTC Address (P2SH): Used for regular Bitcoin transactions.

  • Ordinals Address (Taproot - P2TR): Used for receiving and managing Ordinal inscriptions (Bitcoin NFTs).
    
    

    

⚠️ Note: Ensure you use the correct address type for your transactions to avoid loss of funds.

5. Fund Your Wallet

• To receive Bitcoin or Ordinals:

  • Tap "Receive" and select the appropriate address type (BTC or Ordinals).

  • Share your address with the sender or use the provided QR code.

• To buy Bitcoin directly:

  • Tap "Buy" and choose a payment method through integrated services like MoonPay.
    
    

    

6. Manage Ordinal Inscriptions

• To view your Ordinals:

  • Navigate to the "Collectibles" section in the app or extension.

  • Your Ordinal inscriptions will be displayed here.

• To send Ordinals:

  • Tap "Send", select the Ordinal you wish to send, enter the recipient's Ordinals address, and confirm the transaction.
    
    

    

7. Connect to Ordinals Marketplaces

• To explore and trade Ordinals:

  • Use the in-app browser or your web browser to visit Ordinals marketplaces like Magiceden.io Gamma.io.

  • Connect your Xverse wallet to the marketplace to start buying or selling Ordinal inscriptions.