6๏ธโƒฃWallets

Setting up your house and fee wallets.

Overview

In the "Wallets" tab, we can set up our house wallets and fee wallets. The house wallet is where you'll deposit flippable tokens, which you set up on the "Bets" tab. The fee wallet is where revenue from flips will be batched and automatically sent after flips have been processed.

House wallet

Fund the house wallet: Make sure to fund the house wallet with a minimum of $100 USD equivalent to allow your community to flip while leaving room for up/down house balance swings.

You have a couple of options here. You can choose to use your own private key (a fresh wallet created by you in MetaMask, Phantom, etc...), or simply click the "GENERATE" button and a house wallet will be created for you.

In this example, we'll generate a wallet on the dashboard. After clicking "GENERATE", a wallet address will be created for you.

Known bug: After generating a wallet, click "SAVE", switch to a different tab and switch back until you see your private key.

Once generated, you'll see the private key for your newly created wallet. You can import this into MetaMask, Phantom, etc..., but you should never use this wallet as a normal wallet (buying NFTs, withdrawing, etc...) since it can cause issues with CoinFlip.

Depositing and withdrawing to/from the house wallet

ALWAYS stop the module before withdrawing from your house wallet, or simply use the withdraw function on the dashboard, which has built-in safeguards.

You can send tokens to the house wallet by copying the house wallet address and pasting it as a recipient in your chosen wallet provider (i.e. MetaMask), or directly from the dashboard.

Fee wallet

The fee wallet can be any wallet address you choose, although an empty wallet is ideal.

Once configured to your liking, move on to the final tab, "Webhooks".

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