How do I update to wallet version 2.0?

🔄 How to Upgrade to Wallet 2.0

You can upgrade your wallet to version 2.0 by using your original 12-word recovery phrase (Option A). If you no longer have access to your recovery phrase, follow the steps in Option B to create a new wallet.

Step-by-Step Instructions

1. Log into your Set Power Free account at app.setpowerfree.com.
2. From the left-hand navigation menu, select Wallet.
3. At the top of the Wallet page, you’ll see an upgrade banner. Click Upgrade to Wallet 2.0.
4. Create a new wallet passcode. You may reuse your original Wallet 1.0 passcode, but we strongly recommend creating a unique passcode that is different from your Set Power Free account password.

Option A: You Have Your 12-Word Recovery Phrase

5. Enter your original 12-word recovery phrase from Wallet 1.0 and click Complete.

Your wallet will now be upgraded and should display as Wallet 2.0.

Note: If you are redirected back to the upgrade screen (step 3) after submitting your phrase, simply refresh the page. Do not repeat steps 3–5.

Option B: You Do Not Have Your 12-Word Recovery Phrase

6. Click Forgot wallet recovery phrase, then select Create New Wallet.
   Reminder: You will need your Wallet 1.0 passcode in order to transfer funds after upgrading (see step 9).
7. Create a new wallet passcode. Again, we recommend it be different from your Set Power Free account password.
8. A new 12-word recovery phrase will be generated. Record and securely store this phrase. You’ll be prompted to confirm it before continuing.
9. Your wallet is now upgraded and both Wallet 1.0 and Wallet 2.0 will appear. Use the in-app transfer feature to move your funds from Wallet 1.0 to Wallet 2.0.

🚨 Important Reminders

• NFT Support: Wallet 1.0 does not support NFTs. To receive NFTs such as PowerPay, you must upgrade to Wallet 2.0.
• Already on Wallet 2.0? If your wallet does not display any version number, you're already using Wallet 2.0 and no upgrade is required.
• ERC-20 Transfers: If you hold ERC-20 tokens, transfer these first to your 2.0. They require ETH for gas, and you’ll need enough ETH in your wallet to complete the transaction.