Set up the primary wallet for each blockchain network
The Master Wallet is the primary wallet for each chain in your Bicrypto Ecosystem. It holds the native coin (for transaction fees) and manages additional features like permit tokens. Once created, it will facilitate deposits, withdrawals, and fee handling on that network.
Create one Master Wallet per blockchain network you plan to support in your ecosystem.
Navigate to the Master Wallet section in the Bicrypto admin panel.
Select the blockchain network (e.g., Ethereum, BSC, Tron, etc.) for which you want to create a Master Wallet.
Click Generate Master Wallet (or similarly named button) to begin the wallet creation process.
Follow the prompts to either:
Generate a new seed phrase/private key automatically
Import an existing wallet using your private keys
After creation/import, you'll see the new wallet listed in the Master Wallet section. From here on, this wallet will handle:
Handle transaction fees on the network
Store the network's native cryptocurrency
Manage advanced features like permit tokens
By creating a Master Wallet per chain, you ensure your Bicrypto platform can handle native fees and on-chain operations for each blockchain it supports.