Creating a New Account

Overview

This guide walks you through creating a new Hedera account using the Transaction Tool. The account creation process generates a new account on the Hedera network with a unique Account ID that you can then use for transactions and monitoring.

Note: Creating a new Hedera account requires submitting a Create Account transaction funded by an existing account. This funding covers the transaction fee and the initial HBAR balance. Once created, the account will have its own unique Account ID and can operate independently.

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Prerequisites

• Before you begin, you should have completed the following:

  • Transaction Tool Setup: New User Installation Guide

  • Primary Account Configuration: Account Setup process to create your primary account.

• You should also have:

  • Funding Account: An existing Hedera account with sufficient HBAR balance to pay transaction fees.

  • Private Keys: Access to the private key of the funding account for signing the transaction.

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Transaction Properties

Transaction Property	Description	Example	Required
Payer ID	The account that will pay the transaction fees	0.0.12345- View examples on HashScan	Yes
Valid Start	The timestamp (in seconds or nanos) determines when the transaction becomes valid for execution.	2025-04-05T10:00:00Z	Yes
Max Transaction Fee	The maximum amount of HBARs the payer is willing to pay for the transaction.	100000000 (1 HBAR in tinybars)	Yes
Auto Renew Period	How long the account remains active without renewal	7776000 (90 days in seconds)	No
Transaction Memo	Optional text description for the account	"Treasury Account 2024"	No
Receiver Signature Required	If enabled, incoming transfers to this account must also be signed by this account’s key (not just the sender).	Disabled (default)	No
Accept Staking Rewards	Whether the node declines staking rewards. You need to set this to "false" in order to receive Node Rewards.	false	No
Staking	Where the account stakes: either to a node (staked_node_id) or to an account (staked_account_id). Choose one or leave unset.	Stake to Node ID 0.0.3	No
Staked Account ID	Account to stake to (alternative to Staked Node ID)	0.0.800	No
Max Automatic Token Associations	How many tokens can auto-associate/airdrop to this account.	1	No
Account Memo	Free-text memo stored on the account.	Treasury for game ops	No
Initial Balance ℏ	The initial balance to fund the new account at creation. Debited from the payer.	10 ℏ	No

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Step-by-Step Guide

Step 1: Prepare the Transaction

You can access the Create Account form in two ways:

Method 1 – From the main menu:

• Select Create New from the main menu then Choose Transaction.

• Choose Account and then select Create Account.

Method 2 – From the left navigation panel:

• On the dashboard, select Accounts.

• Select Add New then choose Add Existing from the dropdown menu.

Once you have the form open:

• Fill in the required account parameters in the form. Refer to the Transaction Properties table above for descriptions and examples.

• Select Create and Share to prepare the transaction for signing. The transaction will not be submitted until the Valid Start time is reached. During this time, the required signatures are collected.

Note: the transaction is only shared for signing and not sent to the network until all required signatures are collected.

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Step 2: Sign and submit the transaction

• Personal mode: Select Sign & Execute to sign with your local key(s) and submit to the network.

• Organization mode: Select Create & Share to route for approvals and signatures.

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