Money Wallet Tutorial: Complete Guide to Identity Verification, Payment Setup & Profile Management

·

Cryptocurrency wallets are essential tools for managing digital assets securely and efficiently. Among them, Money Wallet stands out as a comprehensive platform offering seamless trading, secure fund management, and user-friendly features. In this final installment of our Money Wallet tutorial series, we dive into key functionalities including identity verification, setting up payment methods, personal profile configuration, and essential account settings.

Whether you're new to crypto or looking to optimize your wallet experience, this guide ensures you can navigate Money Wallet with confidence—safely managing transactions and maximizing security.

👉 Discover how to secure and unlock full wallet functionality today.

Step-by-Step Identity Verification Process

To enhance security and unlock higher transaction limits, completing identity verification is crucial. Money Wallet offers tiered verification levels, each providing increased access and capabilities.

Understanding Verification Levels

How to Complete LV1 & LV2 Verification

  1. Tap the 【Me】 tab at the bottom menu.
  2. Select 【Identity Verification】.
  3. Choose your desired level:

    • For LV1, enter your real name and SMS verification code.
    • For LV2, provide additional details including your ID number.
  4. Submit the information for third-party authentication.

Once approved, verified users enjoy faster withdrawals, expanded trading options, and enhanced account protection—critical for active cryptocurrency traders.

Adding Payment Methods: Bank Cards, Alipay, WeChat & USDT

Enabling multiple payment channels increases flexibility when buying or receiving digital currencies. Money Wallet supports various popular methods for smooth deposits and withdrawals.

How to Add a Payment Account

  1. Go to 【Home】 > 【Payment Methods】.
  2. Tap 【Add Payment Info】.
  3. Choose from:

    • Bank Card
    • Alipay
    • WeChat Pay
    • USDT Address (TRC20/ERC20)
  4. Enter required details (e.g., bank account number, Alipay ID).
  5. Set up a payment password if it's your first time adding a method.
🔐 A payment password is mandatory for all fund-related operations—ensuring every withdrawal or purchase is authorized by you.

By linking trusted accounts, users can seamlessly conduct peer-to-peer trades, receive payments from others, or convert fiat to crypto instantly.

👉 Learn how top traders manage their digital assets across platforms.

Managing Your Personal Profile & Security Settings

Customizing your profile and strengthening account security are vital for long-term wallet use. Here’s how to update key settings under the 【Me】 > 【Account & Security】 section.

Changing Your Nickname

  1. Navigate to 【Me】 > 【Account & Security】.
  2. Tap 【Set Nickname】.
  3. Edit and save your preferred display name.
Note: This does not affect wallet address or transaction records—purely cosmetic.

Setting a Login Password

  1. Go to 【Account & Security】 > 【Set Login Password】.
  2. Follow prompts to create a strong, unique password.
  3. Confirm via SMS or email verification.

Use a combination of letters, numbers, and symbols to prevent unauthorized access.

Creating a Payment Password

  1. Select 【Set Payment Password】 in the security menu.
  2. If setting for the first time, you’ll be redirected during your initial payment method setup.

This password protects all outgoing transactions—always keep it separate from your login password.

Enabling Security Questions (Secret Protection)

  1. Tap 【Set Security Question】.
  2. Choose a question from the list (e.g., “What was your first pet’s name?”).
  3. Enter a memorable answer.

These act as an extra recovery layer if you lose access to your device or 2FA method.

Viewing Wallet Information at a Glance

Stay informed about your holdings and activity directly from the home screen.

You can tap the address icon to copy it quickly or generate a QR code for easy sharing.

This real-time visibility helps track inflows/outflows without navigating deep into menus—ideal for frequent traders monitoring market movements.

Accessing Help Center & Customer Support

Even with intuitive design, questions may arise. Money Wallet provides several support pathways.

Reading Messages & Notifications

Sharing Your Referral Link

Reviewing User Guidelines

Checking for App Updates

Getting Help When Needed

For unresolved issues:

Frequently Asked Questions (FAQ)

Q: Is identity verification mandatory on Money Wallet?
A: While not required immediately, full access to trading and withdrawal features demands LV1 or LV2 verification.

Q: Can I change my verified name after submission?
A: No—once verified, your legal name cannot be altered. Contact customer support only if there was an error during submission.

Q: What should I do if I forget my payment password?
A: Use the “Forgot Password” option under 【Set Payment Password】, then verify via SMS or security question to reset it.

Q: Are linked payment accounts stored securely?
A: Yes—Money Wallet uses encryption protocols to protect sensitive financial information. Never share screenshots or login details.

Q: How often should I update my security settings?
A: Review passwords and linked devices every 3–6 months. Enable two-factor authentication if available.

Q: Why can’t I add a USDT address?
A: Ensure you’re entering a valid TRC20 or ERC20-compatible address. Invalid formats will be rejected automatically.

👉 Maximize your crypto potential with advanced tools trusted worldwide.

Final Thoughts: Mastering Your Money Wallet Experience

This concludes our three-part Money Wallet tutorial series—covering everything from registration and trading to advanced settings and security management. By now, you should feel confident navigating identity verification, connecting payment methods, customizing your profile, and accessing critical support resources.

Remember: The strength of any digital wallet lies not just in its features—but in how securely and effectively you use them. Always prioritize strong passwords, enable verification early, and stay alert to phishing attempts.

Bookmark this guide for future reference, and continue building your cryptocurrency expertise with safe, informed practices.

Core Keywords: