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# Master Wallet Configuration

Set up the primary wallet for each blockchain network

## 📖 Overview

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.

Important

Create one Master Wallet per blockchain network you plan to support in your ecosystem.

## 1️⃣ Navigate to the Master Wallet Section

1

### Go to Admin > Extensions > Ecosystem > Master Wallet

Navigate to the Master Wallet section in the Bicrypto admin panel.

2

### Select Blockchain Network

Select the blockchain network (e.g., Ethereum, BSC, Tron, etc.) for which you want to create a Master Wallet.

## 2️⃣ Generate the Master Wallet

1

### Generate Master Wallet

Click Generate Master Wallet (or similarly named button) to begin the wallet creation process.

2

### Wallet Creation Options

Follow the prompts to either:

#### 🆕 Generate New Wallet

Generate a new seed phrase/private key automatically

#### 📥 Import Existing Wallet

Import an existing wallet using your private keys

## 3️⃣ Confirm Wallet Creation

After creation/import, you'll see the new wallet listed in the Master Wallet section. From here on, this wallet will handle:

#### ⛽ Native Fee Payments

Handle transaction fees on the network

#### 💰 Native Coin Storage

Store the network's native cryptocurrency

#### 🎫 Token Management

Manage advanced features like permit tokens

## 🔒 Security Recommendations

Critical Security Notes

- • Backup your seed phrase/private keys in a secure location
- • Never share your Master Wallet credentials with anyone
- • Use hardware wallets for additional security when possible
- • Monitor wallet balances regularly for unauthorized transactions

## 🎯 Final Thoughts

Success!

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.