Accounts & Trade Only Access

General

Your wallet owns your account. By default, it has full administrative privileges for the account. You can view your balances, deposit, and withdraw from the Account page.

Navigate to the account page by clicking your address in the upper right hand corner of the UI.

Trade Only Access, i.e. Owner/Trader Separation

An owner may designate one or more addresses as traders on their account. A transaction signed by a trader account may perform all trading actions on the given account, but may not deposit or withdraw funds from the account.

This provides several advantages:

• The owner keys may be kept offline or otherwise hard to access because they are not needed often.

• In scenarios where the funds don’t belong to a trader, for example, because the trader is employed at a firm that owns the capital, this arrangement is a natural fit.

• Trading is a time sensitive activity, and trading keys must typically be kept online. If the key is compromised, funds cannot be withdrawn.

• In case of a trading key compromise, trading rights may be revoked by the owner without having to move their funds.

• Having multiple trading keys for a single owner account can dramatically simplify nonce manage- ment.

Assign trade-only access to an account by selecting Trade Only Access from the More tab in the navigation bar. Click Add New Trader and paste in the public address of the trade-only wallet. Never give us or anyone your private key, unconditionally. We will never ask for it in any form.

You can also use this feature to easily create managed accounts on WCM.

1-Click Trading

After depositing, you can turn on 1-click trading in the account drop down or in the account page. When you turn it on, it will ask you for a password. Your password is used to create a dedicated wallet which can hold gas money and sign for you without requiring additional clicks or confirmations.

This new 1-click wallet is stored in your browser. If you clear your cache, the wallet will disappear from your browser, and when you type in your 1-click password, it will re-activate your wallet.

If you forget your 1-click password, it is not recoverable - you will lose the money in that 1-click wallet, which should only be your gas money. Losing your 1-click wallet has no implications on the assets in your account - if you only lose your 1-click password, your assets remain entirely safe and untouched. The assets in your account are entirely owned by the account's wallet with administrative privileges.

If your 1-click trading wallet runs out of gas, you need to top it up. WCM will alert you with a banner notification if your gas balance gets low.

When you turn off 1-click trading, the gas money is automatically withdrawn to your wallet.