Wallets Overview

CoinPayments provides merchants with the flexibility to create and manage wallets either through the user-friendly dashboard or via API requests.

The Wallets API provides a set of endpoints that work in conjunction with the Transactions API enabling merchants to:

• Create new wallets and addresses for each coin supported by the platform.
• Initiate spend requests for withdrawals or currency conversions.
• Execute wallet consolidation via the wallet consolidation operations.
• Retrieve wallet, address, and transaction statuses.

With this powerful functionality, merchants have extensive control and flexibility in managing their cryptocurrency wallets, catering to the specific needs of their business.

UI vs API Wallets

Wallets created on the CoinPayments dashboard cannot be accessed or managed through the API. Additionally, wallets are limited to the scope of the integration it was created by.

You will need to create a new wallet to utilize the Wallets API.

If you need to migrate from a UI wallet to an API wallet, you can sweep funds between the two wallets.