Wallet Management

Your Swaptain Wallet

When you set up Swaptain, the bot creates a multi-chain wallet that works across all 20+ supported blockchains. A single wallet gives you addresses on every chain — Bitcoin, Ethereum, Avalanche, Cosmos, and more.

Creating a Wallet

When you first start the bot, you'll be asked to create a new wallet or import an existing one.

New Wallet

Generate

Swaptain generates a fresh 12-word BIP39 mnemonic phrase (recovery phrase) for your wallet.

Set Password

You choose a password that encrypts your wallet. This password is used for AES-256-GCM encryption — one of the strongest encryption standards available.

Save Your Recovery Phrase

Swaptain displays your 12-word phrase. Write it down and store it securely. This message is automatically deleted after a short time for security.

Your recovery phrase is the master key to your wallet. If you lose it and forget your password, your funds cannot be recovered. Write it down on paper and store it in a safe place. Never share it with anyone. Never store it in a screenshot, email, or cloud service.

Importing a Wallet

Already have a wallet? You can import it into Swaptain:

Choose Import Wallet during setup
Enter your existing 12-word mnemonic phrase or private key
Set a password to encrypt it in Swaptain

Imported wallets work exactly like newly created ones. All supported chains are automatically derived from your mnemonic.

Wallet Security

Encryption

Your wallet's mnemonic is encrypted with AES-256-GCM using your personal password. Key security properties:

Your password is never stored — Swaptain cannot access your wallet without your password
Encrypted at rest — your mnemonic is always stored encrypted on the server
Auto-delete messages — sensitive messages (mnemonic display, private key export) are automatically deleted from the Telegram chat after a short period
Transparent re-encryption — if the encryption protocol is upgraded, your wallet is seamlessly re-encrypted on next unlock

Best Practices

Use a strong, unique password (not reused from other services)
Write down your recovery phrase on paper — not digitally
Store your recovery phrase in a different location than your password
Never share your password or recovery phrase with anyone
Be cautious of scams — Swaptain will never ask for your password outside the bot

Wallet Features

Deposit Addresses

Use /deposit to get your deposit address for any chain. Each blockchain has a unique address derived from your wallet.

Private Key Export

You can export private keys for all connected chains via /wallet → Export Private Keys. This requires your password.

Private keys give full control over your funds on that chain. Only export them when needed, and never share them with anyone.

Address Book

Save frequently used withdrawal addresses for quick access:

Navigate to /wallet → Address Book
Add addresses with labels for each chain
Saved addresses appear as options during withdrawal

Balance Refresh

Your balances are cached for performance. If you've recently received funds, use the refresh button on the main menu to pull the latest balances from all chains.

Connecting an Existing Wallet

If you've already created a wallet with Swaptain and return later, you'll be asked to Connect by entering your password. This decrypts your existing wallet so you can resume trading.

Resetting Your Wallet

The /reset command disconnects your wallet from the bot. You must type DISCONNECT to confirm.

After resetting, you'll need your recovery phrase to re-import your wallet. Make sure you have it backed up before resetting.