Types of Hyperliquid accounts
Email accounts (recommended)

On the top right corner, click Connect then create an account using email; note that this account will generate a wallet that can immediately receive USDC arbitrum or native USDC on L1 Hyperliquid.
Don't forget to export your wallet on Export email wallet and save it in a secure place.

Connect wallet accounts
These accounts are created by simply connecting your wallet and involve a different deposit flow, where you must to connect and manually deposit on funds on the Hyperliquid network. This method is recommended for power users.
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