Insert a steamer rack in the inner pot of the Instant Pot. Pour water inside.
Place the eggs on top of the steamer rack. Close and seal the lid. Switch valve to sealing.
Cover with lid and set the pot over high heat and bring the water to a rolling boil.
Using tongs, transfer eggs to a large bowl with ice cold water and keep running the cold water into the bowl until the water stays cool. (Alternatively, you can also place the eggs in an icebath). Allow eggs to sit in the cold water until completely cool (I leave mine for about 8-10 minutes). Once the eggs are cool, gently crack and peel.
*please note the size of your eggs will affect the cooking time. I used large eggs for all of these cooking times. It is also imperative to immediately transfer the cooked eggs to a bowl containing ice cold water in order to peel easily.