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Create a Multisig Wallet

This tutorial serves as a guide to create a multisig substrate wallet.

Add contacts

  1. Go to https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc.balanceai.network#/accounts
  2. Go to Accounts -> Address Book
  3. Click + Add Contact and add all the contact addresses that you want to include in the multisig wallet.
  4. For example; Bob, Charlie and Dave.

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Create new wallet

  1. Go to Accounts -> + Multisig
  2. From the available signatories, select the ones that you want to include in the multisig.
  3. Add a threshold. A threshold of 2 means a minimum of 2 signatories are required to sign the transactions.
  4. Give the multisig wallet a name.
  5. Click "Create".

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Test the wallet

  1. The multisig wallet is created.
  2. To test the multisig wallet, it is recommended to first use testnet.