How to convert iphone to wifi router ?

NOTE : To turn your iphone to a wifi router or wifi hotspot first your iphone should be jailbroken.

• First go to cydia on your iphone and search for the application my wi and install it.
• Now go to mywi from your spring board and turn on wifi tethering.
• To set password turn on WEP Security and set your password.
• Now your cellular internet is sharable with your friends or any of your device having wifi.