The Muun wallet is a digital wallet that is incorporated with the Bitcoin Lightning Network, a protocol made for Bitcoin customers. As a result, operations happen more quickly and fees are minimal to nonexistent. Also, users are allowed to utilize either the traditional Bitcoin blockchain or the Lightning Network. For both new and experienced Bitcoin users, Munn is the ideal solution. The wallet is renowned for its strong security features as it allows the asset to always be with the user.
The Muun wallet has a simple and intuitive user interface. To this end, there are both Android and iOS versions of the app available in various app stores. Firstly, you must register an account to be able to receive or send bitcoin via your Muun wallet. In like manner, it’s important to safely store a copy of your wallet after creating your account. Muun is a self-custodial platform and doesn’t transmit backup data to customers. Therefore, only the account holder has access to his or her wallet details.
Creating a Muun Wallet or Account
You can own a Muun wallet in under a few minutes. It only requires a few simple steps as described below:
Step 2: Download and install the APK file allowing permission for all pop-ups. You can then create and verify your Muun wallet’s PIN.
Step 3: You will then receive a confirmation message on the screen. That is, your Muun account has successfully been created.
Step 4: Next, you need to create a backup for your wallet. This time, enter a valid email address into your Muun app and a link will be sent to the provided address. Then, log in to the email to acknowledge the link.
Step 5: Next, you must enter a unique password for your backup and press Enter.
Step 7: You can then log in to your Muun as your registration is complete and the wallet is active.
Muun Wallet’s key features
Some key features set the Muun wallet apart from the numerous ones available in the market. They are:
Off-chain payments: Users can pay off-chain bills instantly as the wallet makes use of submarine swaps. Also, this comes with zero-channel settings by making using the lightning network. At this time, users can not create lightning invoices with the aid of the Muun wallet.
Address book: Likewise, the Muun wallet has an address book that is integrated into the users’ mobile device contact list. During the installation process of the app, it requests access to the device’s contact book which could be granted or rejected. Afterward, if granted, this makes it easy to transmit assets between users on the same wallet via their mobile numbers.
Transaction tracking: This is a dashboard feature of the Munn Wallet that allows all users to monitor their transactions. Thus, all the recent crypto outflow and inflow can be visualized through the use of the history tab. Also, there is a tab that permits users to view their wallet balance. This together with the history tab enables account holders to keep track of their purses and spending.
Segwit enabled: Another key feature of the Muun wallet is that it allows users to transmit Bitcoins to Bench32 addresses. This is made possible via Muun’s integrated Segwit bitcoin wallet technology. Subsequently reducing transaction charges.
Mobile wallet: To include ease in its offerings, the wallet comes with a mobile app. It can be accessed by downloading either an iOS or Android app on your device. Furthermore, both apps allow users to carry out all the website features without restrictions. The safety of users’ information and data is also guaranteed. To enumerate, the latest app encryption and security protocols are employed to accomplish this.
Sending and Receiving Crypto Assets into your Muun Wallet
You can receive Bitcoin funds in your wallet and send funds to others easily with Muun. The process is swift and instant. After creating an account, follow these steps to send or receive Bitcoin.
Adding or Receiving Crypto into Muun Wallet:
Step 1: Enter your Muun wallet account and locate the “Receive” option from the Dashboard.
Step 2: Choose which wallet is between the Legacy purse or the Bench32 Native Segwit to add the funds.
Step 3: You will then have to copy the address of the wallet and send it to the third party that will send the funds. Alternatively, you can make use of the QR code.
Step 4: Finally, await the sent amount to show in your wallet balance.
Sending Bitcoin from Munn Wallet:
Step 1: From your Muun account dashboard, locate the “Send” button.
Step 2: You then choose from which wallet you wish to send funds between Legacy or Segwit.
Step 3: Input the receiver’s address on the transfer page, the desired amount to send, and pick the transaction fee.
Step 4: Also, if you have the receiver’s mobile number, you can send it via their number from your contact book.
Step 5: Before clicking the “Send” button, verify the details once more to confirm they are all correct.
You’ll find a simple and easy-to-use interface when using the Muun wallet. Also, it’s convenient to use the features of the app, especially when sending via the Bench32 Native Segwit address. In addition, there are in-built security features that guarantee the safety of vital details and information. It is also swift as you can send Bitcoin through the use of only a mobile number.