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Leap Wallet is shutting down on May 28, 2026. In this guide you will learn how to quickly and safely import your ATOM tokens and other assets from Leap Wallet to Gem Wallet in 3 simple steps.
Key Takeaways
Your ATOM and Cosmos assets are secure - they are on the blockchain, not inside Leap Wallet.
Importing your seed phrase to Gem Wallet takes less than 5 minutes - just copy your recovery phrase and paste it into Gem Wallet.
If you stake through Leap Cosmos Hub validator - switch it before May 28.
What Is Leap Wallet and Why Is It Shutting Down
Leap Wallet is a self-custody crypto wallet with support for the Cosmos ecosystem and other networks. In 2026, the Leap team announced the full sunsetting of the project - a planned shutdown of all products and infrastructure. On May 28, 2026, all services stop working: Leap Wallet, Compass Wallet, Leap WebApp, Swapfast, and Leap Cosmos Hub Validator. To continue safely accessing your ATOM and other Cosmos assets, you need to move your wallet to another app before that date.
Will You Lose Your Crypto When Leap Wallet Closes?
No. Your ATOM and other Cosmos assets are stored on the blockchain - not inside Leap Wallet. Your seed phrase controls access to your addresses, not the app. When Leap stops working, your funds stay on the blockchain and can be accessed in any compatible wallet using the same secret phrase.
One important thing to do before May 28: if you created more than one wallet in Leap, each one may have its own separate seed phrase. Export and save each of them - one recovery phrase does not cover all wallets.
Why Migrate From Leap Wallet to Gem Wallet
Cosmos is a growing ecosystem - over 115 interconnected blockchains and more than $1 billion in monthly cross-chain volume. To continue using it safely after Leap Wallet shuts down, you need a wallet that is actively maintained and developed.
Gem Wallet is a self-custody mobile crypto wallet for iOS and Android with support for 100+ blockchains, including full support for the Cosmos ecosystem.
Migrating from Leap Wallet to Gem Wallet is more than just changing an app. Here is what you get:
Security: Only you have access to your keys and assets. No third parties, no dependence on a company.
Open Source: Unlike Leap Wallet, Gem Wallet is fully open-source - the entire code is available on GitHub. Any developer can verify the reliability and transparency of the app. And if the app stops being updated, the community can continue building it independently.
Privacy: The wallet does not collect any personal data - no phone number, no email, no ID. Just download, save your secret phrase, and access your assets 24/7.
Full Cosmos Ecosystem Support: In Gem Wallet you can store and send ATOM and all Cosmos assets, stake ATOM, OSMO, INJ, TIA and other popular tokens, and buy ATOM and other crypto directly in the app with a credit card.
Built-in DEX aggregator: Swap directly inside the wallet - exchange ATOM for BTC, ETH, SOL, BNB in just a few clicks. Gem Wallet works with top providers - THORChain, Uniswap, PancakeSwap and others - aggregating the best rates for every swap.
How to Import Leap Wallet to Gem Wallet: Step-by-Step Guide
Here is how to import Leap Wallet to Gem Wallet in just a few clicks.
- Open Leap Wallet and carefully copy your recovery phrase.
Never share your seed phrase with anyone. Write it down on paper and store it offline - not in your phone notes, not in cloud services (Google Drive, iCloud), not in messengers.
Download Gem Wallet for free from the official website, App Store or Google Play.
Launch the app and tap “Import Existing Wallet”. Paste your secret phrase from Leap Wallet and tap “Import” - done.
For more detailed instructions, check our guide Migrate Cosmos (ATOM) Tokens From Leap Wallet to Gem Wallet
Your address is tied to your secret phrase, not to the app. Gem Wallet uses the same universal address generation standard as Leap Wallet - so after importing you will get exactly the same addresses across all networks. No transfers between wallets needed.
Exporting your secret phrase from Leap Wallet and importing it into Gem Wallet - your Cosmos assets appear instantly.
What If You Use a Private Key Instead of a Secret Phrase?
If some of your accounts in Leap were imported with a private key, export each one separately from Leap’s security settings. Gem Wallet supports private key import - your address and balance will be restored right away.
What Happens to Your Staked ATOM After Import?
Staked tokens do not go anywhere - they are on the blockchain, not inside the app. After importing to Gem Wallet, your staked ATOM will be accessible just like all other assets.
Important: If you were staking through the Leap Cosmos Hub validator, it will shut down and stop generating rewards. Switch to a different validator before that date - you can do this in Leap Wallet or using the redelegate function in Gem Wallet after importing.
Import Issues and How to Fix Them
After importing your seed phrase, your assets are on the blockchain - they cannot be lost. If something looks wrong in the interface, it is always a display or configuration issue. Here are the most common ones and how to fix them:
| Issue | Why It Happens | Fix |
|---|---|---|
| Tokens not showing after import | Not all tokens are enabled by default | Add manually via contract address or enable in the asset list |
| Staked ATOM not visible | Staking data syncs from the blockchain and may take a moment | Open the Stake section - positions load from on-chain |
| Balance shows zero | You may have exported the wrong seed phrase | Go back to Leap and check all wallets - each may have its own separate phrase |
If you have any questions during the import process, the Gem Wallet support team is always ready to help - real people, not AI assistants.
What If You Didn’t Migrate Before May 28?
Your seed phrase does not expire - not on May 28, not ever. If Leap Wallet has already shut down by the time you read this, your crypto is still on the blockchain, safe and untouched. Download Gem Wallet, enter your seed phrase or private key - all your ATOM, Cosmos assets, and staking positions will appear right away.
