A cycles wallet is a canister smart contract that hold cycles. Users can have as many cycles wallets as they desire.

These wallets are network dependent:

• For local development the wallets are created and funded automatically.
• For the main IC network, creating and funding wallets is a complex process.

The Internet Computer blockchain mainnet cycle wallets can be created using the following methods:

• Through the DFINITY Cycles Faucet and creating a new wallet to fund it with free cycles.
• Or through an empty wallet using terminal commands and funding it through the NNS.

There are three ways to add cycles to an already existing wallet:

• Transfer cycles from another wallet.
• Purchase cycles with ICP utility tokens using the NNS.
• Purchase cycles on DEX (such as Sonic or IClighthouse).

You can create a cycles wallet through the Cycles Faucet and earn free cycles.

And from our step by step guides, learn how to add cycles to a wallet:

• On the NNS
• Using command lines

Updated November 17, 2022 01:40