> ## Documentation Index
> Fetch the complete documentation index at: https://docs.koalavault.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Crypto Wallet Setup

> This guide walks you through setting up a cryptocurrency wallet to buy and sell models on KoalaVault

<Note>
  Currently, we only support USDT (Tether) on the BSC (Binance Smart Chain) network for all transactions.
</Note>

## Why Cryptocurrency?

KoalaVault uses cryptocurrency payments for:

* ✅ **Global accessibility** - Works in 140+ countries
* ✅ **End-to-end transactions** - Direct payment to seller, no KoalaVault intermediary

## Supported Networks and Tokens

* **Token**: USDT (Tether - a stablecoin pegged to USD)
* **Network**: BSC (Binance Smart Chain), BEP-20 for USDT
* **Why BSC?**: Extremely low transaction fees and fast confirmation times

## How to Get a BSC Wallet Address

<Tip>
  **How to understand concepts like "Wallet Address", "Network", "Token"?**

  * **Wallet**: In the most basic sense, a wallet is just an asymmetric key pair (with public key and private key). The public key (or hash of the public key) is your **wallet address**, and the private key is your **password to the wallet**.
    * You can create as many wallets as you want, since you can generate as many public key/private key pairs as you want.
    * Others can send cryptocurrency to your wallet address, and you can use the private key to sign transactions to spend the cryptocurrency.
    * So you can safely share your wallet address with others, but keep the private key private.

  * **Network**: Also known as "blockchain", you can think of it as a **"code repo"** (while actually it's a **"transaction repo"**) of all the transactions that have ever happened in this repo (**think of it as commit push to the repo**).
    * Each transaction is a record of a transfer of cryptocurrency from one wallet address to another. More like **"I, John, tell the world, that Tom has XX additional USDT in his wallet, which he got from me"**. Since only John has the private key to sign this transaction, others can verify it, but not change it.
    * There are many different networks (**"transaction repos"**), each with their own unique features and rules.
    * For each network (**"transaction repo"**), it is not controlled by a single entity, but somehow managed by the whole community of users. (The biggest difference between a real blockchain and a **"repo"**).

  * **Token**: The token is the cryptocurrency itself. Think of it as the **"code"** in the **"transaction repo"**.
    * Each network (**"transaction repo"**) can have multiple tokens (**"code in C, C++, Python, etc."**), each with their own unique features and rules.
    * Each token (**"code"**) can be hosted on different networks (**"transaction repos"**), but the token accros different networks (**"transaction repos"**) cannot be transferred directly (**"different context in different repos"**).
</Tip>

<Steps>
  <Step title="Register a Binance Account">
    <Note>
      We recommend using Binance for beginners because:

      * Easy to buy USDT directly
      * No need to manage private keys
      * Built-in security features
      * Customer support available
    </Note>

    Choose the appropriate platform for your region:

    * **Global Users** (140+ countries): [binance.com](https://www.binance.com)
    * **US Users**: [binance.us](https://www.binance.us)

    Complete the registration process including:

    1. Email/phone verification
    2. Identity verification (KYC)
    3. Enable 2FA for security
  </Step>

  <Step title="Navigate to Deposit Page">
    Access your Binance wallet deposit page:

    * **Global**: [Binance Deposit Page](https://www.binance.com/en/my/wallet/account/main/deposit/crypto)
    * **US**: [Binance.US Deposit Page](https://www.binance.us/en/my/wallet/account/main/deposit/crypto)

    Click on **Deposit Crypto**

    <img src="https://mintcdn.com/koalavault/HfaVEl3N0y7_Ev0a/images/binance-deposit.png?fit=max&auto=format&n=HfaVEl3N0y7_Ev0a&q=85&s=57971670dda8266be0967a075f8f58d1" alt="Binance Deposit Page" width="400" height="65" data-path="images/binance-deposit.png" />

    <img src="https://mintcdn.com/koalavault/HfaVEl3N0y7_Ev0a/images/binance-deposit2.png?fit=max&auto=format&n=HfaVEl3N0y7_Ev0a&q=85&s=15b6f90cdecf90db6d1e8f02f763b433" alt="Binance Deposit Page" width="406" height="297" data-path="images/binance-deposit2.png" />
  </Step>

  <Step title="Select USDT and BSC Network">
    Configure the deposit settings:

    1. In the **Select Coin** dropdown, choose `USDT`
    2. In the **Select Network** dropdown, choose `BSC` (Binance Smart Chain)

    <Warning>
      **Important**: Always select **BSC** network. Using other networks (like Ethereum or Tron) will result in lost funds.
    </Warning>

    <img src="https://mintcdn.com/koalavault/HfaVEl3N0y7_Ev0a/images/binance-deposit3.png?fit=max&auto=format&n=HfaVEl3N0y7_Ev0a&q=85&s=85e31b6233bb9feb1bb5e8681223c64c" alt="Binance Deposit Page" width="896" height="578" data-path="images/binance-deposit3.png" />
  </Step>

  <Step title="Copy Your Wallet Address">
    A deposit address will be generated for you:

    * The address is 42 characters long
    * Starts with `0x`
    * Example: `0x0a328fb948ea4e69df4bf008163923a720ad60f5`

    **Copy this address** - you'll need it in the configuration of your [KoalaVault acount payment settings](https://www.koalavault.ai/payment-settings).

    <Tip>
      Save this address somewhere safe. You can always find it again by returning to the Binance deposit page.
    </Tip>
  </Step>
</Steps>

## Frequently Asked Questions

<AccordionGroup>
  <Accordion title="Do I need to buy USDT first?">
    **For Sellers**: No, you'll receive USDT from buyers directly to your wallet address.

    **For Buyers**: Yes, you need to have USDT in your Binance account to make purchases. You can:

    * Buy USDT with your credit/debit card on Binance
    * Transfer from another exchange
    * Use P2P trading on Binance
  </Accordion>

  <Accordion title="What are the transaction fees?">
    * **BSC Network Fee**: \~$0.10-$0.50 per transaction
    * **KoalaVault Platform Fee**: Varies by model, set by seller
    * **Binance Withdrawal Fee**: Small fee when withdrawing USDT (typically \~\$0.80)
  </Accordion>

  <Accordion title="Is it safe to use cryptocurrency?">
    Yes, when following best practices:

    * ✅ Enable 2FA on your Binance account
    * ✅ Never share your private keys
    * ✅ Always verify the wallet address before sending funds
    * ✅ Use only the BSC network as specified
    * ✅ Start with small amounts to test
  </Accordion>

  <Accordion title="Can I use a different wallet (MetaMask, Trust Wallet, etc.)?">
    Yes! Any BSC-compatible wallet works. However, we recommend Binance for beginners because:

    * Easy to buy USDT directly
    * No need to manage private keys
    * Built-in security features
    * Customer support available
  </Accordion>

  <Accordion title="How long do transactions take?">
    * **BSC transactions**: Usually 1-3 minutes for confirmation
    * **Binance withdrawals**: 5-30 minutes depending on security checks
    * **KoalaVault verification**: Automatic after blockchain confirmation
  </Accordion>
</AccordionGroup>

## Alternative Wallets

While we recommend Binance for beginners, you can also use:

<CardGroup cols={2}>
  <Card title="MetaMask" icon="wallet" href="https://metamask.io">
    Popular browser extension wallet. Configure BSC network manually.
  </Card>

  <Card title="Trust Wallet" icon="mobile" href="https://trustwallet.com">
    Mobile wallet with built-in BSC support.
  </Card>

  <Card title="Binance Wallet" icon="coins" href="https://www.binance.com/en/web3wallet">
    Binance's official Web3 wallet with seamless integration.
  </Card>

  <Card title="SafePal" icon="shield" href="https://www.safepal.com">
    Hardware and software wallet supporting BSC.
  </Card>
</CardGroup>

## Need Help?

If you encounter any issues:

* 💬 [Binance Support](https://www.binance.com/en/support) - For wallet-related questions
* 🎯 [KoalaVault Discord](https://discord.gg/koalavault) - Community support and discussions
* 🐛 [Report Issues on GitHub](https://github.com/koalavault-ai/koalavault.ai/issues) - Technical problems and bug reports