How to use the Parity Ethereum Wallet

Monday, 05 Jun 2017 21:16

Interacting with the Ethereum platform is getting easier by the day! Especially with applications like Parity, an Ethereum client that s integrated directly into your web browser. Not only does it allow the user to access the basic Ether and token wallet functions, it it is also an Ethereum GUI browser that provides access to all the features of the Ethereum network including dApps.

Parity is a full node wallet, which means that you store the blockchain on your computer. The wallet is available for Ubuntu, OSX, Docker and Windows.

Today, we're going to show you how to install and use the Parity wallet to store, receive and send Ether and tokens. The Parity wallet also allows you to interact with dApps. We will cover this part very soon in a future guide. Stay tuned!

Part 1 - Download and Install

Step 1: Click here to go to the Parity download page
Step 2: Scroll down, choose your O.S and download. We’re using Windows

Step 3: Double-click the downloaded setup

Step 4: Agree to the terms

Step 5: Click “Install

Step 6: Wait for the setup to conclude

Step 7: Click “Close” to finish the installation

Parity should open in your browser automatically. You can always open it by searching for “parity” on your windows toolbar.

Part 2 - Create a wallet

Step 1: Read the intro and click "Next"

Step 2: Read the terms, tick the "I accept these terms and conditions" box and click "Next"

Step 3: Choose a wallet name

Step 4: Enter and repeat your password. Optionally, you can also include a hint above the password field

Step 5: Choose an avatar

Step 6: Click “Create

Step 7: Save both the public address, where you will receive payments and your seed which is needed to restore your wallet. You can also print the seed in the lower right corner

Step 8: Click “Next

Step 9: Click “Close” to go to your wallet

Part 3 - Restore a wallet

Once your account has been created, you’ll be taken to the Parity dashboard. Before we go on, we want to show you how to restore a previous wallet you may have created with another app like MyEtherWallet or Mist.

Step 1: Click “Accounts

Step 2: Click “+ Account

Step 3: Now, you have to choose from the options available. You can import accounts from the Geth keystore folder, you can upload a JSON file private key, you can also import an Ethereum presale wallet or enter the raw private key. Choose whichever fits best and click "Next" and follow the instructions

Part 4 - Receive and send ETH and tokens

Step 1: Click “Accounts

Step 2: Choose an account

Step 3: To receive Ether, simply send ETH to the address shown or give it to the sender

Step 4: If you want to send Ether, click “Transfer

Step 5: Select the token you want to send. You can choose between Ether and any other Ethereum-based token

Step 6: Enter the recipient address. When you click this field, you can type the address but your address book will pop up. You can add and remove addresses from the address on the "addressbook" section

Step 7: Enter the amount of Ether you want to send

Step 8: Click “Send

Step 9: Enter your password and click “Confirm Request

The Parity wallet also allows you to interact with dApps. We will cover this part very soon in a future guide. Stay tuned!

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