With the introduction of our Automated Payouts, and after you upgrade to the API Key V2, you will now have access to your Self-Custodial Wallet.
How does it work?
Your Self-Custodial Wallet will be hosted by BlockBee, meaning it can be used by our API to send funds to various addresses. But BlockBee will not have access to the funds.
Security Architecture
By integrating Threshold Signature Scheme (TSS) cryptography, we believe we've struck an optimal balance in ensuring security. Your Self-Custodial Wallet is encrypted in our servers using Threshold Signature Scheme (TSS) cryptography, meaning BlockBee alone cannot decrypt the wallet. It will be needed either your API Key V2 or your Recovery Key to do it so.
You will also be able to receive payments within BlockBee Payment Gateway using your Self-Custodial Wallet.
Prerequisites
To check your addresses or balance, you must first upgrade your API Key V1 to API Key V2. Without API Key V2, the Self-Custodial Wallet features will not be accessible.
How to Check Your Self-Custodial Wallet
Step 1: Access Self-Custodial Wallet
Being in BlockBee Dashboard, click Self-Custodial Wallet.
Step 2: View Addresses and Balances
Finally, you will see a list of all our supported tokens. You can click on them to see your wallet address and the balance.
What You Can See
In the Self-Custodial Wallet view, you'll be able to:
- View all supported cryptocurrencies and tokens
- Check wallet addresses for each cryptocurrency
- Monitor balances across all supported tokens
- Access wallet information for receiving and sending payments
Key Features
| Feature | Description |
|---|---|
| TSS Encryption | Wallet encrypted with Threshold Signature Scheme for maximum security |
| No BlockBee Access | Only you can access funds using API Key V2 or Recovery Key |
| Multi-Token Support | Support for all BlockBee-supported cryptocurrencies and tokens |
| API Integration | Seamlessly integrated with Automated Payouts |
| Payment Gateway | Receive payments directly to your Self-Custodial Wallet |
Next Steps
Now that you can access your Self-Custodial Wallet, you can:
- Create payouts to distribute funds automatically
- Receive payments through the BlockBee Payment Gateway
- Monitor your cryptocurrency balances in real-time
- Use the wallet for multi-address payment distribution
Remember: Your Self-Custodial Wallet is secured by your API Key V2 and Recovery Key. Keep both keys safe to maintain access to your funds.