A Detailed guide to get started with wallets & Monk Tokens
The Monk Token is minted on the Polygon Blockchain, So any EVM compatible wallet will supports using Monk Tokens. We recommend using METAMASK / TRUST WALLET or our inbuilt MONK WALLET (Beta) for stability and security.
Click on the respective wallets below to see detailed instructions.
The guide covers the following topics:
A. Setting-up your new crypto wallet (If you don’t have one).
B. Buy & Use Monk Tokens.
If you already have a wallet set up feel free to skip the “A. SETTING UP YOUR CRYPTO WALLET” section and move to the “B. BUY & USE MONK TOKENS” section of respective wallets.
- METAMASK
- TRUST WALLET
- MONK WALLET
Step 1
Steps 2 – 4
Create your wallet.
After downloading Metamask, open the app and click on “Get started”
2. >> “Create a new wallet”
3. >> Create a password of your choice , Confirm password, tick the box below and then click on “Create password”
4. >> Metamask will take some time to create your new wallet and once done you will reach the screen where it says “Start”.
Steps 5 – 10
Secure your wallet.
Click “Start” from step 4.
5. >> On Secure your wallet screen click on “Start” again.
6. >> Click on “View”.
7. >> Yow will be shown 12 words, write them down and keep them secret & safe. These words are important for recovery if you ever loose access to your wallet and click on “Continue”.
8. >> You will now be asked to “Conform your secret recovery phrase”, Input the 12 words we wrote earlier exactly in the same order and click on “Complete Backup”.
9. >> If everything is correct you will be shown a “Congratulations” screen, click on “Done”.
10. >> You will now reach your wallet’s main page.
Steps 11 – 17
Enable Polygon Network
When you reach your wallet’s main screen you will see that your wallet is currently connected to Ethereum Main Network. We need to enable Polygon Mainnet to use Monk Tokens.
11. >> Click on the Menu icon on the top left of Metamask and go to “Settings”.
12. >> Click on “Networks”.
13. >> Click on “Add Network”.
14. >> Look for “Polygon Mainnet” and click on “Add” adjacent to it.
15. >> Metamask will ask for your approval, click on “Approve”.
16. >> Click on “Switch to network”.
17. >> You will be sent back you your home screen but this time you will be connected to “Polygon Mainnet”.
The centre top section of metamask shows you which network you are currently connected to. Make sure it says “Polygon Mainnet”.
Steps 18 – 21
Enable Monk Token
We now need to enable Monk Tokens by adding its contract address in metamask.
18. >> Click on “Import Tokens” on the home screen.
19. >> Then click on “Custom Tokens” on the top right.
20. >> Copy and paste the following Monk Token’s contract address in the Token Address section.
It should automatically populate Token Symbol as “Monk” and Token Decimal as “18”. If everything is correct click on “Import”.
21. >> In few seconds Metamask will take you back to the home screen and a small popup will inform you that it has successfully imported MONK. On the home screen you will now see that your wallet also has access to Monk Tokens.
Your Wallet ID
Your wallet has a unique id similar to bank account number. This id generally starts with “0x” followed 40 alphanumeric characters.
e.g. ‘0xF0de67B981124D99D9C73690Ced13E12E90D3928’
You can click on the highlighted section of your wallet’s main screen to copy your unique wallet id.
Buy Monk – Method 1
Direct Buy (Recommended).
The easiest way to buy Monk tokens is to get in touch with us or any of our token advocates & direct selling agents for price and quotes. This gives you the flexibility to negotiate price, payment methods and save on gas and slippage. Generally, this method can get you a discount of up to 15% from the market price.
Once you accept the quote you can share your wallet address directly (A) or can share link with exact amount of monk (B) to receive monk tokens in your wallet.
Tokens are transferred instantly on realisation of payments.
Buy Monk – Method 2
Swap (Requires USDT & MATIC).
You can buy Monk Tokens by swapping your USDT. Monk Tokens are listed on Uniswap & Metamask has inbuilt system to buy from Uniswap.
Note – Your wallet needs to have a positive balance of USDT for buying & MATIC to cover for gas price in this method.
C1. >> Enable USDT in your wallet by clicking on “Import Tokens”.
C2. >> Search for “USDT”, Select “Tether USD (USDT)” & click on “Import”. Metamask will now inform you that USDT is imported successfully and you will be able to see USDT on your wallet’s main screen.
C3. >> Click on “SWAP” on the home screen.
C4. >> Select the first currency as “USDT” and second as “MONK”, click on “Continue” on the notice, Enter the amount of USDT you wish to swap for Monk Tokens and click on “Get Quotes”.
C5. >> Metamask will now present you with the quote of this transaction, If you agree to this quote – “Swipe to Swap” and metamask will ask you to approve a transaction, once approved your wallet will be debited for USDT and in exchange Credited for MONK.
Important Points to Remember
- Always make sure that you are on the Polygon Network.
- Also make sure you have enabled Monk token by adding its contract address in your wallet before buying MONK.
- To make a swap transaction you should possess USDT and MATIC, you can buy USDT and MATIC from Metamask or Binance.
- All transactions in metamask requires GAS FEES which is MATIC in this case.
- Discounted Monk Tokens may come with lock-in periods.
- All Monk Tokens can be used and utilised across monk protocol products and services.
Step 1
Steps 2 – 4
Create your wallet.
After downloading Trust Wallet, open the app.
2. >>Click “Create a new wallet”
3. >> Accept Terms of service and Privacy Policy.
4. >>Create a 6 digit Passcode and confirm your Passcode.
Steps 5 – 8
Back-Up & Secure your wallet.
5. >> After successfully setting up passcode read and tick everything on ‘Back up your wallet now’ screen and then click “Continue”.
6. >> Yow will be shown 12 words, write them down and keep them secret & safe. These words are important for recovery if you ever loose access to your wallet and click on “Continue”.
7. >> You will now be asked to “Verify secret phrase”, Input the 12 words we wrote earlier exactly in the same order and click on “Continue”.
8. >> If everything is correct you will be shown some information related to Trust Wallet you can close this information screen to reach your wallet’s main screen.
Steps 9 – 11
Enable Polygon Network
When you reach your wallet’s main screen you will need to manually enable Polygon Mainnet to use Monk Tokens.
9. >> Click on the options icon on the top right of Trust Wallet to see list of enabled ‘Tokens’ .
10. >> Search for “Polygon Matic” and “Enable” it.
11. >> Click on “Done” and you will reach your wallet’s main screen again, this time you will see that Polygon Network is also present on your main screen.
Steps 12 – 18
Enable Monk Token
We now need to enable Monk Tokens by adding its contract address in Trust Wallet.
12. >> Click on the options icon on the top right of Trust Wallet to see list of enabled ‘Tokens’.
13. >> Then click on “+” (add icon) on the top corner to add a custom token.
14. >> Change network by clicking on “Ethereum” in front of Network to see all networks.
15. >> Click on “Polygon” to select it.
16. >> Copy and paste the following Monk Token’s contract address in the Contract Address section.
0xFf2bf3558421d4D340A3c6bEf738E92113Ed31f2
It should automatically populate Token Name as “Monk Token”, Token Symbol as “MONK” and Token Decimal as “18”. If everything is correct click on “Save” on the top right.
17. >> This will take you to the the Monk Token screen where it will show you your holding quantity, Click on “Tokens” on the top left.
18. >> Click on “Done” in the top right of the Tokens list screen, This will take you back to your wallets main screen and now you should be able to see “Monk Tokens” in your Trust Wallet.
Your Wallet ID
Your wallet has a unique id similar to bank account number. This id generally starts with “0x” followed 40 alphanumeric characters.
e.g. ‘0x5D312dd6947349568fF14dBbA8e761e1486A9c21’
To see your wallet id for – click on “Receive” on main screen then click on “Monk Token”. Then you can click on the highlighted section of your wallet’s main screen to copy your unique wallet id.
Buy Monk – Method 1
Direct Buy (Recommended).
The easiest way to buy Monk tokens is to get in touch with us or any of our token advocates & direct selling agents for price and quotes. This gives you the flexibility to negotiate price, payment methods and save on gas and slippage. Generally, this method can get you a discount of up to 15% from the market price.
Once you accept the quote you can share your wallet address directly (A) or can share link with exact amount of monk (B) to receive monk tokens in your wallet.
Tokens are transferred instantly on realisation of payments.
Buy Monk – Method 2
Swap (Requires USDT & MATIC).
You can buy Monk Tokens by swapping your USDT. Monk Tokens are listed on Uniswap via browser built into Trust Wallet.
Note – Your wallet needs to have a positive balance of USDT for buying & MATIC to cover for gas price in this method.
C1. >> Enable USDT in your wallet by clicking on “Tokens Icon” on the top.
C2. >> Search for “USDT”, Select “(POS) Tether USD USDT” & Enable It. USDT will now be enabled successfully and you will be able to see USDT on your wallet’s main screen.
C3. >> Click on “Browser” on the home screen.
C4. >> Copy and paste the following link in the top bar and click on “Search/Go”.
C5. >> Uniswap will now be opened, first change the network from ethereum to polygon, then click on “Connect” and then click on “browser wallet” to connect your wallet to uniswap. Uniswap will now present you with the quote of this transaction, you can change values according to your requirements and then you can click on “Swap”, Trust Wallet will ask you to approve a transaction, once approved your wallet will be debited for USDT and in exchange Credited with MONK.
Important Points to Remember
- Always make sure that you are on the Polygon Network.
- Also make sure you have enabled Monk token by adding its contract address in your wallet before buying MONK.
- To make a swap transaction you should possess USDT and MATIC, you can buy USDT and MATIC from Trust Wallet or Binance.
- All transactions in Trust Wallet requires GAS FEES which is MATIC in this case.
- Discounted Monk Tokens may come with lock-in periods.
- All Monk Tokens can be used and utilised across monk protocol products and services.
While Metamask and Trust Wallet are decentralised in nature, some users might find them overwhelming to use. The Monk wallet is build to seamless sync with the monk protocol services in a user friendly way.
Despite build with few centralised elements, the Monk Wallet is completely secure and safe.
Step 1
Steps 2 – 6
Register for a Monk Account.
After opening the wallet link from step 1 –
2. >>Click “Register”
3. >> Enter Your Phone number and check your country code.
4. >> Enter the OTP sent to your number.
5. >> Enter your name, email and create password for your monk account and click on “Submit”.
6.>> If everything is in order you should reach congratulations screen.
Step 7
Verify your E-mail.
7. >> As you reach the congratulations screen you are sent an email on your provided email address for verification, You need to verify your email by clicking on the link provided in the email.
NOTE : Sometimes the email might arrive in your Spam folder, make sure that you check your spam folder if you cant see the verification email in your inbox.
Steps 8 – 9
Sign in & access your wallet.
8. >> After successfully verifying your email address from step 7. Open the wallet link again to reach login screen. Enter the email and password you used while creating your Monk Account from the step 5 and the click on “SIGN IN”.
9. >> If everything is correct you will now reach your wallets main screen.
Step 10
Verify Identity. (Optional)
The Monk wallet Indian users might be asked to verify their identity by asking to verify your Banking Details, PAN and AADHAR.
We request you to complete this step to unlock full potential and usage of the monk wallet across its services.
Your Wallet ID
Your wallet has a unique id similar to bank account number. This id generally starts with “0x” followed 40 alphanumeric characters.
e.g. ‘0xF6443Fae005a076262A9c7f7Cc937242e3724542’
You can share this wallet id with anyone to receive MONK, MATIC or even NFT’s.
Buy Monk
Direct Buy (Recommended).
The easiest way to buy Monk tokens is to get in touch with us or any of our token advocates & direct selling agents for price and quotes. This gives you the flexibility to negotiate price, payment methods and save on gas and slippage. Generally, this method can get you a discount of up to 15% from the market price.
If you have Monk Wallet you just need to share your e-mail address and Monk tokens will be transferred to you alternatively you can also share your wallet id.
Monk Wallet is the easiest way to buy and use Monk Tokens.
Tokens are transferred instantly on realisation of payments.
Important Points to Remember
- Always make sure that you are on the Polygon Network.
- Monk Wallet has Monk Tokens enabled automatically.
- All transactions in Monk Wallet may requires GAS FEES which is MATIC in this case.
- Discounted Monk Tokens may come with lock-in periods.
- All Monk Tokens can be used and utilised across monk protocol products and services.