Yoroi wallet spending password

Gday goodfellows
Im trying to stake my Ada in a pool and to do so with the Yoroi wallet I must provide a spending password. I have no idea wtf that is and why I am being asked this. Can anybody help me to find this information so I can make some damn money! Thanks in advance

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Hello,

At the befinning when u created the wallet u set a wallet name and a spending password. If u don’t remeber ur password, u can restore ur wallet, but for this operation you will need the seed words

Cheers,

Welcome @JDiZOG please enjoy this video answer: :smile:

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Why wasn’t I asked to create a spending password when I installed the wallet?
I did not ‘forget’ the password – I never had one.
How do I ‘simply’ delete the wallet?
What happens to the ADA that are in the wallet when I delete it?

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Why wasn’t I asked to create a spending password when I installed the wallet?
Impossible - you set a wallet name and a spending password

I did not ‘forget’ the password – I never had one.
Every new wallet require a name and a spending password

How do I ‘simply’ delete the wallet?
Delete/remove wallet

What happens to the ADA that are in the wallet when I delete it?
Ada are on chain not on your wallet, so deleting the wallet will not lead to loss your ADA, but you will need to restore your wallet with your correct seed words in order to get access again to your funds!

Cheers,

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I’m wondering the exact same thing! I never have the option to choose a “spending password” wtf???

Maybe because you used a hardware wallet? Then there is no spending password, you have to confirm the transaction on the hardware device.

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I installed the wallet on my iPhone ? Is that a hardware wallet ? How do I confirm the transaction if so ? Thanks in advance.

If it is a hardware wallet inside yoroi unde the wallets name u will see ledger word… if not it means there is a simple wallet

I installed a cardano (ADA) wallet with my ledger nano x, and additionally an ergo wallet, but not via the ledger nano x as this was not supported ( I could not find reference in the ledger apps). Now when I want to transfer my ERG I am being asked for a spending password which I have never been asked to set. This is very frustrating to say the least. Until crypto becomes simplified and streamlined many mainstream users will shun this technology.