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This is a technical guide, not financial advice.

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🇨🇿 Czech version here:

Rychlý průvodce stakingem

To participate in ETHPrague, you must place a small "stake" (a temporary security deposit) via Devfolio. Your deposit will be available for refund after the event.

If you’ve never used crypto before, don't worry! Here is your step-by-step guide to getting set up in under 10 minutes.


🛠 Step 1: Set Up Your Wallet

Think of a crypto wallet as your personal bank account that only you control.

For this guide we picked Metamask and Rainbow apps, but you can pick the best wallet app for you from here: https://ethereum.org/wallets/find-wallet/

How to set it up:

  1. Install the app or extension and click "Create a new wallet."
  2. 🚨 CRITICAL STEP: You will be given a 12-word "Secret Recovery Phrase." Write this down on a piece of paper and hide it. Never type this into any website or give it to anyone. If you lose your device, these words are the only way to recover your wallet.

Find your Wallet Address: Open your app. At the very top, you will see an address that starts with 0x... (e.g., 0x71C...89A). This is your digital account number.


💳 Step 2: Fund Your Wallet with ETH

To stake, you need a small amount of Ethereum (ETH) in your wallet: 0.005 ETH + a few dollars extra for "gas" (transaction fees).

Buy the ETH: