> For the complete documentation index, see [llms.txt](https://docs.dextrabot.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dextrabot.com/copy-trade/wallet-management/generated-wallet.md).

# Generated Wallet

#### What is a Generated Wallet?

Generated wallets are created directly through Dextrabot and fully integrated with Hyperliquid. Unlike API wallets, they are generated within the system itself, and users receive both the **wallet address** and the **private key**.

⚠️ **Important:** The private key is shown only once at the time of creation. Make sure to save it securely, as it will not be displayed again.

#### Step 1 – Add Account

* Navigate to **Wallet Management** and click **Add Account**.
* Switch to the **Generate Wallet** tab.

<figure><img src="/files/Z1peRpv8kz4DiZGOefbA" alt=""><figcaption></figcaption></figure>

#### Step 2 – Create Your Wallet

* Choose a name for your new wallet.
* Click **Generate Wallet**.
* The system will create a wallet under your chosen name and display its **address** and **private key**.

<figure><img src="/files/4knGJA5H8KRrc6gzes43" alt=""><figcaption></figcaption></figure>

#### Step 3 – Fund Your Wallet

* In **Wallet Management**, you will now see your newly generated wallet.

<figure><img src="/files/zXsNl8wo3DybYR81BNnD" alt=""><figcaption></figcaption></figure>

* Click **Deposit** to fund it.
* A deposit screen will appear, instructing you to transfer a **minimum of 15 USDC** to your generated wallet address (via Arbitrum).

<figure><img src="/files/Vt2Dwk0Mg6BVFqNhIffO" alt=""><figcaption></figcaption></figure>

#### Step 4 – Automatic Funding to Hyperliquid

* Once deposited, the system automatically transfers your funds into your **Hyperliquid Perpetual balance**.
* All gas fees for this process are covered by Dextrabot.

#### Step 5 – Manage Your Wallet

* You can view and manage your generated wallet anytime under **Wallet Management**.

<figure><img src="/files/d8BeH8caMwU9PDxoumcl" alt=""><figcaption></figcaption></figure>

### **Important Notes & Best Practices**

🔹 Only USDC deposits on Arbitrum are supported – incorrect deposits will be lost.\
🔹 Always back up your private key – lost keys mean lost access to trade wallet.\
🔹 Minimum deposit is 15 USDC – ensure sufficient funds before enabling copy trade.\
🔹 Monitor your copy trading performance and adjust risk parameters as needed.

### Generated Wallet Pros\&Cons

**Pros** ✅

* Compared to API Wallets, there are unfortunately **no real advantages**.

**Cons** ❌

* **Custodial risk:** The wallet is generated by Dextrabot, provided to the user, and stored in encrypted form on the system. While the private key is shown once at creation, the wallet itself carries withdrawal permissions, which introduces significantly more risk compared to API wallets.


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