# Creating a New Wallet

### Prerequisites

* Terminal Wallet is downloaded: [download-and-installation](https://terminalwallet-cli.gitbook.io/terminal-wallet/first-time-setup/download-and-installation "mention")

### Wallet Creation Walkthrough

#### 1.  Select New Wallet and press Enter

<figure><img src="https://2690606389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPL8GddQ0x75dvPhyXUkK%2Fuploads%2FsSC9Vvb796F2sNDCVAfc%2F1.%20new%20wallet%20or%20import%20seed.png?alt=media&#x26;token=f4b30228-34cc-48ad-b0ff-0bdd5d17d8b1" alt=""><figcaption></figcaption></figure>

#### 2. Name your new wallet. Type in your address index and press Enter.&#x20;

<figure><img src="https://2690606389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPL8GddQ0x75dvPhyXUkK%2Fuploads%2FfwjaEqQVnZWRMDJv3M8e%2F2.%20enter%20wallet%20name%2C%20click%20enter.%20next%20set%20an%20optional%20derivation%20index%20if%20desired.%20.png?alt=media&#x26;token=9a9736f0-92ac-477d-97f7-d2b2a10ff351" alt=""><figcaption><p>Creating a wallet with the default derivation index. To change derivation index, type in the desired index at this step.</p></figcaption></figure>

RAILGUN wallets have optional index derivations (multiple addresses generated from the same private key). In most cases the Default index of 0 is appropriate.

#### 3. Set your password and press Enter

<figure><img src="https://2690606389-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPL8GddQ0x75dvPhyXUkK%2Fuploads%2FTHftNgi2pvbX6PoYsVNc%2F3.%20enter%20your%20password.%20if%20this%20is%20the%20first%20time%2C%20you%20will%20be%20asked%20to%20confirm%20and%20the%20password%20will%20be%20set.%20.png?alt=media&#x26;token=75656110-8bc1-4346-adcb-dd5bbb8bc039" alt=""><figcaption></figcaption></figure>

You will be asked to confirm your password if this is your first time using Terminal Wallet. Please set a secure password that is not used elsewhere for maximum safety.

Your new wallet is ready and you will be taken to the [Main Balance Screen](https://terminalwallet-cli.gitbook.io/terminal-wallet/first-time-setup/main-balance-screen).