🏗️Create a new Multisig

Start fresh!

Once you sign-in, Polkasafe allows you to link your existing multisig wallets or create a new wallet in few easy steps.

Choose the Create Multisig option to start your secure asset management journey.

1. Select from the list of signatories or add a new wallet address from the input box on top.

   • You can choose to either add the address manually or upload a json file with signatories.

1. Then enter the threshold for your multisig wallet. Learn more about threshold here.

2. Give a contextual and easy name to your multisig wallet and press Create Multisig button.

3. Done!

A transaction will be created for your signature. This transaction is to send an existential deposit to your new multisig wallet.

If you skip this step, the wallet will still be created but it would not exist on-chain, and can lead to challenges with asset and wallet management.

Once you create a new multisig wallet, we recommend you to add a pure proxy to your wallet.

Learn what pure proxies are important and how you can setup them up here.