> For the complete documentation index, see [llms.txt](https://docs.polkasafe.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.polkasafe.xyz/setup-polkasafe/create-a-new-multisig.md).

# Create a new Multisig

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. 

<figure><img src="/files/x7r8efNvK26A1Yau1clJ" alt=""><figcaption></figcaption></figure>

1. Select from the list of signatories or add a new wallet address from the input box on top.&#x20;
   * You can choose to either add the address manually or upload a json file with signatories.

<figure><img src="/files/Ke2KPZsnv269CqXfjIve" alt=""><figcaption></figcaption></figure>

2. Then enter the threshold for your multisig wallet. Learn more about threshold [here](/faqs/threshold.md).&#x20;
3. Give a contextual and easy name to your multisig wallet and press Create Multisig button.
4. Done!&#x20;

A transaction will be created for your signature. This transaction is to send an existential deposit to your new multisig wallet.&#x20;

{% hint style="info" %}
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.&#x20;
{% endhint %}

Once you create a new multisig wallet, we recommend you to add a pure proxy to your wallet.&#x20;

<figure><img src="/files/lS5v78yoboPEWWWHnyif" alt=""><figcaption></figcaption></figure>

Learn what [pure proxies](/faqs/pure-proxy.md) are important and how you can setup them up here.&#x20;