search

Choosing Your Wallet

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

hashtag
Option 1: Telegram Walletarrow-up-right (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

hashtag
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:

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

PreviousNew to WalletsNextHow to Add Money to Your Wallet

Last updated