> For the complete documentation index, see [llms.txt](https://docs.thefiva.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.thefiva.com/fiva-basics/additional-help/new-to-wallets/choosing-your-wallet.md).

# Choosing Your Wallet

We recommend two types of wallets that work perfectly with FIVA:

### Option 1: [Telegram Wallet](https://t.me/wallet) (Easiest)

**Best for:** People who already use Telegram and want maximum simplicity\
**Setup time:** 3-5 minutes\
**KYC required:** Yes (need to verify your identity)\
**Type:** Custodial

**Pros:**

* Built into Telegram app you already use
* Very simple interface
* Can recover wallet if you lose phone

**Cons:**

* Need to verify your identity

### Option 2: Self-Custody Wallets (Full Control)

**Best for:** People who want complete control over their money\
**Setup time:** 5-15 minutes\
**KYC required:** No\
**Type:** Non-custodial

We recommend either:

* [**Tonkeeper**](https://tonkeeper.com/) (most popular choice)
* [**MyTonWallet**](https://mytonwallet.io/) (newer alternative)

**Pros:**

* You have complete control of your money
* No company can freeze or access your funds
* Works on phone, computer, or web browser
* No identity verification needed

**Cons:**

* More responsibility for security
* If you lose recovery phrase, money is gone forever
* Need to download new app


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