Friday, May 24, 2024

How to Self Custody FIFA collect with pera wallet.

FIFA+Collect understands the significance of self-custody, which is why they have integrated with Pera Wallet, a non-custodial wallet that ensures you are the sole manager of your FIFA collectibles. You will be guided through the process of creating a Pera wallet, transfering your collections to it and making sure that they are safely imported back onto FIFA+Collect if you wish. 

Setting Up A Wallet (Pera Wallet) : 

To begin, Pera Wallet’s a non=custodial wallet, ensuring only you have complete control over your assets. This control is secured via a 25-word mnemonic phrase. which serves as the master key to your wallet. Never share this key or store it insecurely. A paper record of this key is strongly recommended, as digital entries run the risk of exposure. Access the wallet through the web (http://perawallet.app) or mobile versions, available for both iOS and Android devices.

 Using a Nano Ledger with Pera Wallet:

For enhanced security, Pera Wallet supports a Nano Ledger, a hardware device that securely stores your digital assets. To transfer assets, connect the Nano Ledger to your computer or mobile device via USB.

 Creating a New Account:

To create a new account on the Pera Web Wallet, set up a passcode to unlock your wallet within FIFA+Collect. Name your account and note down the 25-word mnemonic passphrase for your master key. Keep this key safe and secure. With these steps completed, your account is ready for use.

Funding Your Wallet :

to conduct a transaction, Make sure you have a minimum of ALGO in your wallet, the native FIFA+Collect token. You can fund your wallet by converting fiat currency into ALGO through a central exchange and transferring it to your FIFA+Collect wallet. Maintain at least 1 ALGO in your wallet to avoid transaction failures.

Transferring a Collectible to Pera Wallet (Export) :

To transfer your FIFA collectible to your Pera Wallet for self-custody, follow these steps:

Step 1. Identify the Collectible:

On the FIFA+Collect platform, locate the collectible you wish to transfer. Visit the “My Collectibles” or “All Collectibles” page to find the desired item. Click on the collectible to open a view of the item.

Step 2. View Collectible Variants (if applicable):

In some cases, the collectible view may display multiple variants for a particular item. If this is the case, you will see a list of variants. Click the “View” button next to the specific collectible/variant you wish to export.

Step 3. Prepare for Transfer:

Once you have selected the desired collectible/variant, you will be taken to the Collectible view screen. Here, you will find various options, including the “Sell” button. Look for the “Transfer to Wallet” button.

Step 4. Initiate Transfer:

Click on the “Transfer to Wallet” button. If your PeraWallet is successfully connected, you will see the first 5 characters and last 5 characters of your PeraWallet address.

Note: If you see a message prompting you to “Connect Your Wallet,” click the “Open Pera Wallet” button to unlock your wallet for use with FIFA+Collect. Follow the instructions to log into your Pera Wallet using your passcode (not the 25-word passphrase) or QR code scanner on the Pera Mobile app.

Step 5. Opt-In Approval:

You may be prompted to “Opt-In” to the FIFA+Collect collectible asset. Allow this request for the Collectible to be added to your Pera wallet.

If prompted, re-enter your Pera Wallet passcode.

Step 6. Complete the Transfer:

The transfer process will begin, indicated by spinning dots and the message “Transferring to wallet.”

A “success!” message will be shown within a couple of seconds to indicate the transaction has been completed.

Transferring a Collectible to FIFA+Collect (Import):

Follow these steps to import a Collectibles into the FIFA+Collect Platform from your Pera wallet :

Step 1. Navigate to the ‘My Collectibles’ screen. Click on the “Import Collectible” button in the top right corner.

Step 2. Connect Pera Wallet:

Make sure you have a correct connection with the Perawallet. If necessary, refer to the ‘Setting Up a Wallet (Perawallet)’ section for assistance. Once your wallet is connected, you will see a list of collectibles available for import. Identify the collectible you wish to import and click the ‘Import’ button to the right of it.

Step 3. Wallet Authentication:

You may be required to open your Pera Wallet or enter your wallet password to unlock it. Follow the instructions and click the ‘Launch Pera’ button.

Step 4. Confirm Transfer :

Your Pera Wallet will then prompt you to confirm the transfer of the collectible back to the FIFA+Collect platform, including any associated fees. It is important to note that the 0.01 ALGO fee will be reimbursed at the time of import.

Step 5. Sign the Transaction :

In most instances  you will need to sign the transaction. Open your PeraWallet, either on the Web or Mobile version, and sign the transaction to authorize the import of the asset to the FIFA+Collect platform.

Step 6. Transaction Completion:

Transaction completion: a “success” message will appear after the transaction has been completed. You are now able to trade or manage your imported collectibles in your collection. If you want, You can also repeat this process to import additional collectibles.

Importance of Security:

Security is of utmost importance when dealing with digital collectibles. To secure the safety of your assets, follow these best practices:

  • Never share your private key. Not even with someone claiming to be from customer support. No entity, including FIFA+Collect, will ask for your private key.
  • Always store your private key offline and in a secure place. A piece of paper in a secure location or a hardware wallet is recommended.
  • Beware of phishing attempts. Always double-check URLs and email senders, and never enter your private key on an untrusted website.
  • Keep your wallet application updated. Updates often contain crucial security enhancements.

By setting up Pera Wallet and mastering the export and import features, you can exercise self-custody over your FIFA collectibles. To ensure the protection of digital assets, make sure you give priority to safety and adhere to suggested practices. You can enjoy the full control, trading opportunities and community engagement that FIFA+Collect offers you by using the Perawallet to protect your collectibles.

DISCLAIMER :

Please be aware that suggestions for interaction with PeraWallet and management of your Digital Collectibles are included in the following instructions. Please note that FIFA+Collect does have control or influence over PeraWallet, its functionalities, or the Algorand blockchain protocol.

Exporting digital collectibles and handling private keys can be complex, especially for beginners. If you’re unsure or uncomfortable with these processes, we strongly recommend that you refrain from proceeding. FIFA+Collect cannot be held responsible for any collectibles that may be lost, mishandled, or otherwise compromised as a result of an export process.

Remember, exporting your digital collectibles from FIFA+Collect to a personal wallet is entirely optional. We provide a secure environment for your digital collectibles and you can continue to hold, trade, and manage them within our platform if you prefer. Always ensure you understand the process fully and are comfortable with the associated risks before proceeding with any digital asset transactions.

Source : 
Self custody instructions. FIFA+ Collect. (n.d.). https://collect.fifa.com/self-custody-instructions

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