When interacting with the Telos blockchain, your choice of wallet software for safely storing and utilizing your tokens is one of the most critical decisions that you can make. Important factors include security, usability, and integrations for DApps and trading.
Currently, some of the more commonly used wallets are the following (note that this is not an endorsement of any of the following wallets)
āSQRL: wallet with support for staking and voting
āAnchor: Uses the innovative ESR protocol, created by Telos BP Greymass
āScatter: wallet with support for multiple EOSIO chains
āAnchor: Uses the innovative ESR protocol, created by Telos BP Greymass
āCoolX: Does not currently sign for applications but is great for managment of your account and other features
Creating a Telos account typically requires a small deposit of another cryptocurrency, and should be finalized shortly after payment. From this point forward your account name can be used as your receiving address, and will be used to identify you on the blockchain.