Wallet Management

Sparkbot provides comprehensive wallet management features that let you create, organize, and control multiple Spark wallets from a single interface.

Overview

Image Description: Screenshot of the wallet management screen showing three wallets listed:

• ✓⭐ Main Wallet - Balance: 0.0015 BTC - Address: sprt1pgs...
• Savings Wallet - Balance: 0.0050 BTC - Address: sprt1qxm...
• Trading Wallet - Balance: 0.0008 BTC - Address: sprt1rty... With buttons below: "Create New Wallet", "Back to Main Menu"

Each Sparkbot user can manage multiple Spark wallets, each with its own:

• Bitcoin deposit address
• Spark address
• Independent balance
• Separate token holdings

Accessing Wallet Management

To access wallet features:

Main Menu → 💼 Wallet

Or use the command:

/wallet

Your Wallets

Understanding Wallet Indicators

When you view your wallets, you'll see two important indicators:

Symbol	Meaning
✓	Currently Selected - This wallet is active for trading
⭐	Preferred Wallet - Your default wallet that loads on startup

Example:

• ✓⭐ Main Wallet - Currently selected AND your preferred wallet
• ⭐ Savings Wallet - Your preferred wallet (but not currently selected)
• ✓ Trading Wallet - Currently selected (but not your preferred)

Wallet Information Display

For each wallet, you'll see:

✓⭐ Main Wallet
├ Balance: 0.0015 BTC
└ sprt1pgssx6vm09mdzp8jk...

• Name: Custom nickname or default "Spark Wallet N"
• Balance: Current BTC balance
• Address: Shortened Spark address

Creating Additional Wallets

Why Create Multiple Wallets?

Common use cases:

• 💼 Portfolio Separation - Keep long-term holds separate from trading
• 🎯 Strategy Isolation - Different wallets for different strategies
• 💰 Savings - Store larger amounts in a wallet you rarely touch
• 🔐 Security - Distribute funds across multiple wallets

How to Create a New Wallet

1. Go to Wallet menu
2. Tap ➕ Create New Wallet button
3. Wait a few seconds for wallet creation
4. Your new wallet appears in the list

Image Description: Three-panel flow showing:

1. Wallet menu with "Create New Wallet" button highlighted
2. Loading screen: "⏳ Creating new wallet..."
3. Success message: "✅ Wallet Created! Your new wallet 'Spark Wallet 2' is ready to use." with the wallet now visible in the list

TIP

Automatic Setup: Each new wallet automatically gets:

• ✅ Bitcoin deposit address
• ✅ Spark address
• ✅ Independent balance tracking

Switching Between Wallets

Selecting a Wallet

To switch to a different wallet:

1. Go to Wallet menu
2. Tap on the wallet you want to use
3. The ✓ indicator moves to your selected wallet

Image Description: Before/After comparison:

• Before: "✓ Main Wallet" and "Trading Wallet"
• After: "Main Wallet" and "✓ Trading Wallet" With an arrow showing the transition

What Happens When You Switch

When you select a different wallet:

• ✅ All trades use the new wallet
• ✅ Balance display updates
• ✅ Position views show tokens in that wallet
• ✅ Deposits go to that wallet's Bitcoin address

INFO

Switching is Instant: There's no delay or transaction required. You're simply choosing which wallet to use for your next operations.

Setting a Preferred Wallet

What is a Preferred Wallet?

Your preferred wallet (marked with ⭐) is automatically selected when you:

• Start the bot
• Return to the main menu after inactivity
• Use certain features that need a default wallet

Setting a Wallet as Preferred

1. Go to Wallet menu
2. Tap on the wallet you want to set as preferred
3. Select ⭐ Set as Preferred
4. The star indicator appears next to that wallet

Image Description: Screenshot showing a wallet detail view with buttons:

• "✓ Use This Wallet" (grayed out since already selected)
• "⭐ Set as Preferred" (highlighted)
• "✏️ Rename Wallet"
• "⬅️ Back"

TIP

Pro Tip: Set your most frequently used wallet as preferred to save time. You can change it anytime.

Renaming Wallets

Why Rename Wallets?

Custom names help you:

• Remember each wallet's purpose
• Quickly identify the right wallet
• Organize your trading strategy

How to Rename

1. Go to Wallet menu
2. Tap on the wallet to rename
3. Select ✏️ Rename Wallet
4. Enter your desired name (max 50 characters)
5. Send the message
6. Your wallet is renamed immediately

Image Description: Three-step flow:

1. Wallet menu with "Rename Wallet" button clicked
2. Text entry prompt: "✏️ Wallet Rename - Please enter a new name for your wallet (max 50 characters). Current name: Spark Wallet 2"
3. Success message: "✅ Wallet Renamed! Your wallet has been renamed to 'Day Trading'."

Viewing Wallet Details

Balance Information

Each wallet shows:

💰 Main Trading
Balance: 0.0015 BTC ($65.25)

⚡ Spark Wallet
Address: sprt1pgssx6vm09mdzp8jkkmn7rtckfdxatrpccl8yty
Type: Spark

₿ Bitcoin Deposit
Address: bc1q9x7k2m3n4p5q6r7s8t9u0v1w2x3y4z5a6b7c8d9
Confirmations required: 3
Processing time: ~30 minutes

Checking Individual Wallet Balance

To see detailed balance for a specific wallet:

1. Go to Wallet menu
2. Tap on the wallet
3. Select 💰 View Balance

You'll see:

• Total BTC balance
• USD equivalent
• Pending deposits
• Claimable deposits
• Token holdings (if any)

Image Description: Screenshot showing detailed balance view: "💰 Main Trading Wallet

Balance: 0.0015 BTC ($65.25)

Address: sprt1pgssx6vm09mdzp8jk... Type: Spark

Bitcoin Deposits ⏳ Pending: 0 BTC ✅ Claimable: 0 BTC

Token Holdings: 3 tokens Total Value: 0.0012 BTC ($52.20)"

Wallet Security

DANGER

Critical Security Notes:

• If you lose access to your Telegram account, you cannot recover your wallets
• Enable 2FA on your Telegram account for maximum security
• Never share your Telegram session or account access

Access Control

Only you can access your wallets:

• ✅ Tied to your unique Telegram user ID
• ✅ No shared or exported keys
• ✅ Requires active Telegram session

Best Security Practices

1. Enable Telegram 2FA

   • Settings → Privacy and Security → Two-Step Verification
   • Set a strong password

2. Secure Your Device

   • Use device lock (PIN/biometric)
   • Keep OS updated
   • Don't root/jailbreak

3. Be Cautious of Scams

   • Never share wallet access
   • Verify token addresses
   • Don't trust unsolicited DMs

4. Use Multiple Wallets

   • Don't keep all funds in one wallet
   • Separate hot/cold storage
   • Limit exposure per wallet

Related Topics

• Deposits & Withdrawals - Learn about funding and withdrawing
• Trading - How wallet selection affects trading

TIP

Master Multi-Wallet Management: Using multiple wallets effectively can significantly improve your trading strategy and security. Experiment with different configurations to find what works best for you.