Lace®® wallet — Extension™®
Lace is associated with the Cardano ecosystem and is designed to provide users with a streamlined interface for digital asset …
Lace® Wallet — Extension™ Official Guide
Lace Wallet Extension is a next-generation, multi-chain browser wallet developed by Input Output Global (IOG), the engineering team behind Cardano. Built with security, simplicity, and interoperability at its core, Lace serves as a gateway to Web3, allowing users to manage digital assets, stake ADA, collect NFTs, and connect to decentralized applications—all from a single interface . This guide covers installation, setup, key features, and security essentials.
What Is Lace Wallet?
Lace is a non-custodial, self-sovereign wallet, meaning you retain full control over your private keys and digital assets at all times . Originally launched as a Cardano-focused light wallet, Lace has evolved into a multi-chain platform. Lace 2.0 brought Cardano, Midnight, and Bitcoin support into a single extension, with future blockchains on the roadmap .
The wallet is available as a browser extension for Chrome, Brave, and Edge, and as a mobile app for iOS and Android . The extension provides seamless access to Cardano DApps, DeFi protocols, NFT marketplaces, and staking pools .
Installing the Lace Extension Safely
Security begins with the download source. The only official website for Lace is lace.io. Users should install the browser extension by following the link from the official site, never through search advertisements, forum posts, or third-party mirror sites .
The Lace extension is available on the Chrome Web Store and Microsoft Edge Add-ons. After installation, pin the extension to your toolbar for easy access .
Setting Up Your Wallet
Creating a New Wallet: Click the Lace icon in your browser toolbar, select "Create a new wallet," and choose a strong password. The wallet will then generate a seed phrase—this is the master key to your funds. Write it down on paper and store it in a secure, offline location. Never store it digitally or share it with anyone .
Restoring an Existing Wallet: If you already have a Cardano-compatible wallet, you can restore it in Lace using your seed phrase. However, Lace's official guidance recommends creating a new wallet with a fresh key rather than restoring an old phrase, especially if your previous wallet may have been compromised .
Key Features
Multi-Chain Support: Lace 2.0 supports Cardano, Midnight, and Bitcoin in one extension. This means you can manage BTC, ADA, and Midnight assets without switching between different wallets or interfaces .
Staking and Delegation: Lace allows you to explore Cardano stake pools, delegate your ada, and track rewards history directly within the extension. You can also delegate to protocol governance options like Abstain or No Confidence .
DApp Connector: The Lace DApp Connector provides fast, one-click access to Cardano DApps. Use your ada on DEXs, DeFi services, and NFT marketplaces without friction .
NFT Gallery: View your Cardano NFTs in a dedicated gallery, store them securely, or send them to other wallets. Lace also integrates with NFT marketplaces for browsing and purchasing .
Bundle Transactions: The bundle feature allows you to send different types of assets to multiple recipients in a single transaction, paying only one transaction fee .
Hardware Wallet Integration
For users managing significant assets, Lace supports integration with hardware wallets for enhanced security. The extension works with Ledger (Nano S, Nano S+, Nano X) and Trezor devices . In Lace 2.2, Bitcoin support was added for both Ledger and Trezor, allowing you to import Bitcoin accounts and sign transactions directly with your hardware device .
Additionally, Lace became the first Cardano wallet to support SeedSigner, an open-source, air-gapped signing device that uses animated QR codes. This allows you to sign ada and Bitcoin transactions without ever plugging the signing device into your computer .
Security Best Practices
Lace is independently audited by external security firm FYEO, ensuring code quality and security standards . The wallet is also open-source, with code available on GitHub for community verification .
Critical security rules: Never share your recovery phrase or private key with anyone. Lace support will never ask for either. If someone claiming to be a support agent requests your seed phrase or offers to move your funds, it is a scam . Always download Lace from lace.io only, and verify transaction details before signing.
Summary
Lace Wallet Extension is a multi-chain, non-custodial Web3 wallet built by Input Output Global. Installation from lace.io takes minutes, and setup involves creating a password and backing up your seed phrase offline. With Cardano, Midnight, and Bitcoin support, hardware wallet integration, and a growing ecosystem of features, Lace provides a secure and user-friendly gateway to decentralized finance and Web3 applications.
Updated about 6 hours ago