Lace Wallet Extension: what it is and how to use it
The Lace Wallet Extension is a browser add-on that puts a Cardano wallet and a Web3 connection layer in the same small popup. Instead of pasting a recovery phrase into every site, you approve each connection once, then choose which account a decentralised application is allowed to see.
Installation takes a minute: add the extension from your browser's official add-on store, then create a new wallet or restore an existing one with your recovery phrase. The extension generates a spending password and stores keys encrypted on your device — which is why nobody else can recover them for you. Write the phrase down offline and keep it somewhere only you can reach.
Day to day, it covers digital asset management: checking balances, viewing NFTs, sending and receiving ADA or native tokens, and confirming transactions. Before you sign, read the preview properly. Check the destination address, the fee and the assets leaving your wallet, because an on-chain transfer cannot be reversed or refunded.
Web3 connectivity is the other half. The extension injects a provider into compatible pages so Cardano applications can request a signature. Approve only sites you trust, keep one browser profile for experiments, and prefer a hardware wallet for meaningful holdings. Self custody is powerful precisely because the responsibility is yours.