Shared
Identify Your Address’s Shared Type 🔓
Last updated
Address Management
Identify Your Address’s Shared Type 🔓
Last updated
A Shared address is one for which both the user and the wallet each hold a private key. This type of address can be created in a few different ways, making it flexible for various needs and setups.
The first way a Shared address can be set up is by importing it into the wallet in few easy steps. This is done by providing access to the private key, either immediately or later. Once you transfer the address to the wallet, the Private address becomes Shared, allowing you to fully manage it through our interface.
Another way to establish a Shared address is by requesting the generation of a Shared address while maintaining the privacy of your key.
Alternatively, you can request the key to your Deposit address (in this way transferring it to the Shared category).
In any of these cases, the owner grants access to the funds, allowing the full use of the Walletium's capabilities. At your request, funds from this address can easily be transferred, whether into an envelope, to another user, or to Walletium Native address, allowing you to fully engage with our platform. Until then, it serves as a convenient and secure way to store small to medium amounts.
Walletium offers you all possible combinations of address/key storage policy, allowing you to combine the best options for your needs. By taking advantage of these features, you can efficiently manage your crypto assets while maintaining security and convenience.
