INDEPENDENT CARDANO LIGHT WALLET GUIDE

A calmer way to
navigate Cardano.

A practical introduction to Lace Wallet—what it does, how to get started, and the small security habits that matter most.

THE CARDANO FIELD NOTESUPDATED MARCH 2025
✦Cardanoone ecosystem
✳ SELF-CUSTODY
YOUR DIGITAL WALLET
ADA ••••••
Built for Cardano✧
✓Your keys, your controlnon-custodial by design
A LIGHT WALLET. A WIDE-OPEN ECOSYSTEM.
01 THE BASICS

Meet your light wallet
for the Cardano network.

Lace is a browser-based light wallet developed by Input Output Global (IOG), the engineering company behind Cardano. It brings together everyday wallet essentials—holding ADA, managing native assets, connecting to dApps, and delegating stake—in a streamlined interface.

Unlike a full-node wallet, a browser extension does not download the entire blockchain to your device. It communicates with network services to show wallet activity, while your wallet remains non-custodial: you are responsible for protecting the recovery phrase that controls access to your funds. Lace is available for supported Chromium-based browsers; check the official site for current compatibility.

i

New to browser wallets? A light wallet is convenient, but browser security still matters. Keep your device updated and treat your recovery phrase like the keys to a safe.

02 AT A GLANCE

What makes Lace
stand out?

Designed as a gateway to the Cardano ecosystem, Lace brings common wallet tasks into one place.

01

Multi-account support

Keep separate Cardano accounts together, each with its own addresses and assets.

02

dApp connector

Connect to Cardano DeFi, NFT marketplaces, and other decentralized apps from your browser.

03

Simple staking

Explore stake pools and delegate ADA without moving your funds out of your wallet.

04

NFT gallery

See native tokens and collectibles in a clean visual view. Send, receive, and hide assets.

05

Hardware wallet support

Pair a supported Ledger device to keep your signing keys offline.

06

Open development

Lace is built by Input Output Global, with publicly available code and security review.

03 YOUR FIRST FIVE MINUTES

Set up Lace,
step by step.

Take your time during setup, especially when your recovery phrase appears. Nobody legitimate needs a copy of it.

  1. 01

    Visit the official Lace site or a verified browser extension store. Check the publisher before installing.

  2. 02

    Add Lace to a supported browser and pin the extension for easier access.

  3. 03

    Open Lace and choose to create a new wallet. Set a strong spending password.

  4. 04

    Write down your recovery phrase and store it offline somewhere private and secure.

  5. 05

    Confirm the phrase in the wallet setup flow. Your wallet is ready to receive ADA and native assets.

ALREADY HAVE A WALLET?

Look for the official import or restore option in Lace. Enter an existing recovery phrase only into the genuine wallet application and never into a search result, support chat, or website link sent to you.

04 DELEGATION, DEMYSTIFIED

Staking ADA
without handing it over.

Open the staking area in Lace to explore available stake pools and review their details. When you delegate, you choose a pool and authorize the wallet to register that delegation. Your ADA stays in your wallet and remains under your control; delegation does not transfer custody to the pool operator.

Cardano distributes stake rewards according to its protocol and epoch schedule. Actual rewards are variable—not guaranteed—and depend on network conditions and pool performance. Review pool information carefully and consult official Cardano resources if you want to understand the mechanics in more depth.

↗
Delegation is not a lockup

On Cardano, delegated ADA remains liquid in your wallet. You can still spend it, though transaction and delegation changes may have network timing considerations.

05 MORE THAN ADA

A home for NFTs
and native tokens.

Lace includes a visual gallery for Cardano NFTs and supports native assets issued on the network. View collectibles, receive and send tokens, and review asset details from the wallet interface. You can also hide unwanted or spam assets from view where supported.

Remember that a wallet display is not an authenticity guarantee. Check collection details and asset identifiers independently before interacting with unfamiliar tokens or marketplaces.

06 KEEP YOUR WALLET SAFE

Security starts
with your recovery phrase.

Lace is non-custodial: you control the keys, and you carry the responsibility for them. Wallet data may be encrypted locally, but a compromised device or exposed recovery phrase can put funds at risk. A few habits go a long way.

  • ✓Install only from the official Lace website or a verified extension-store listing.
  • ✓Consider a hardware wallet for larger holdings, and verify every transaction on the device.
  • ✓Keep your browser and operating system updated; be cautious with unfamiliar dApps.
  • ✓Never enter your recovery phrase into a website, message, or pop-up. Support will never ask for it.
Stop if anyone asks for your phrase.

Legitimate support teams, dApps, and marketplaces do not need your recovery phrase. Never share it—even to “verify,” “sync,” or “unlock” a wallet.

Where available, use a hardware wallet for higher-value holdings and set a strong spending password. Separate wallets for different purposes can also help keep everyday activity apart from long-term holdings.

07 FIND YOUR FIT

Lace and other
Cardano wallets.

Lace, Yoroi, Eternl, and Nami each offer different approaches to managing Cardano assets. Lace is positioned as a streamlined wallet with an approachable interface and integrated staking and NFT features. Users seeking more advanced configuration may prefer exploring Eternl, while Yoroi and Nami offer their own distinct workflows.

✳

There is no one wallet that suits everyone. Compare current features, supported devices, and security practices from each wallet’s official documentation before choosing.

08 QUICK ANSWERS

Frequently asked
questions.

01Is Lace Wallet free to use?

Lace is free to download and use. Cardano network transaction fees still apply when you send assets or delegate stake; fees are set by the network, not by this guide.

02Can I use Lace on multiple devices?

You can install the wallet on another supported browser and restore it using your recovery phrase. Each restored wallet can access the same funds, so protect the phrase and each device carefully.

03Does Lace support Bitcoin or Ethereum?

Lace is a Cardano wallet for ADA and Cardano native assets. It is not a Bitcoin or Ethereum wallet.

04How do I recover my wallet if I lose my device?

Install Lace from a verified source on a replacement device and follow its restore-wallet flow using your recovery phrase. Anyone with that phrase can control the wallet, so only enter it in the trusted wallet setup flow.

05Is Lace compatible with hardware wallets?

Lace supports compatible Ledger hardware wallets. Availability and connection methods can vary by device and software version; check current official Lace documentation before connecting.

06Can I stake ADA directly from Lace?

Lace includes delegation tools. You can review stake-pool information and delegate from the wallet. Delegated ADA remains in your wallet, but rewards and timing depend on Cardano protocol mechanics.

✳

READY WHEN YOU ARE

Explore Cardano
with confidence.

Use this guide as a starting point, then verify the latest product details directly with the official Lace team.

Visit the official Lace site

Last updated: March 2025 · Lace Wallet Extension Guide · Always verify official links before downloading any wallet.