Understanding Your Crypto Wallet - Wallet Basics

Learn how your Angry wallet works, what makes it secure, and how it integrates with Telegram

Understanding Your Crypto Wallet - Wallet Basics

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TL;DR: Your Angry wallet is like a digital bank account that's automatically created and managed for you. It's tied to your Telegram account, secure, and works across all Angry bots seamlessly.

What is a Crypto Wallet?🔗

Think of it Like a Digital Bank Account🔗

A crypto wallet is where you store, send, and receive digital currencies (cryptocurrencies). Just like your bank account has an account number, your crypto wallet has an address.

Key differences from a bank account:

  • No bank in the middle: Transactions happen directly on the blockchain
  • 24/7 access: Send and receive money anytime, anywhere
  • Global reach: Send to anyone in the world instantly
  • You control it: Your wallet, your funds, your decisions

How Angry Wallets Work🔗

When you first interact with any Angry bot, the system automatically creates a wallet for you:

  1. Automatic Creation: No forms to fill out or verification needed
  2. Telegram Integration: Your wallet is linked to your Telegram account
  3. Cross-Bot Compatibility: Same wallet works with all Angry bots
  4. Secure Management: The Angry system handles the technical complexity
  5. Private Key Access: You can export your private key anytime for full control

Your Wallet Address - Your Digital Identity🔗

What Does a Wallet Address Look Like?🔗

Your wallet address is a long string of letters and numbers:

0x742d35Cc6643C0532905C9464e6C9b99b8a5c211

Think of it like:

  • Your email address (safe to share publicly)
  • Your bank account number (for receiving payments)
  • Your mailing address (where people send you crypto)

Using Your Wallet Address🔗

You can safely share your address to:

  • Receive payments from friends
  • Get paid for services
  • Receive tokens from airdrops or contests
  • Fund your wallet from other exchanges

Never share your private key (we'll explain this below)

How the Angry Wallet System Works🔗

Deterministic Wallet Generation🔗

Your wallet is created using your Telegram ID in a special mathematical process:

What this means:

  • Same Telegram account = Same wallet address (always)
  • Your wallet is unique to you
  • It's recreatable if needed using your Telegram ID
  • Consistent across all devices and bots

Server-Managed Security🔗

The Angry system manages your wallet securely:

Benefits:

  • No complex setup required
  • Automatic backup and security
  • Works seamlessly across all bots
  • Professional-grade security infrastructure
  • No risk of losing access due to device problems

How it's secure:

  • Your private key is encrypted and stored securely
  • Access tied to your Telegram account
  • Industry-standard security practices
  • Regular security audits and updates

Private Keys - Your Ultimate Control🔗

What is a Private Key?🔗

Think of your private key as the master password to your wallet:

  • It's a long string of characters that proves you own the wallet
  • Anyone with the private key has complete control of the funds
  • It's like having the deed to your house - ultimate ownership proof

Accessing Your Private Key🔗

You can get your private key anytime using the /export command:

When you might want it:

  • Moving funds to another wallet
  • Using your wallet with other applications
  • Creating your own backup
  • Full control and self-custody

Important warnings:

  • Never share your private key with anyone
  • Store it securely (write it down, use a password manager)
  • If someone gets your private key, they can steal your funds
  • There's no "forgot password" option - if you lose it, it's gone forever

Wallet Networks and Compatibility🔗

Base Network🔗

Your Angry wallet operates on the Base network:

What is Base:

  • A fast, low-cost blockchain network
  • Built by Coinbase for everyday transactions
  • Compatible with Ethereum ecosystem
  • Optimized for applications like Angry

Why Base is great:

  • Transaction fees under $1 (usually $0.15-$0.50)
  • Transactions confirm in 1-2 seconds
  • Reliable and stable network
  • Growing ecosystem of applications

Network Compatibility🔗

Your Angry wallet:

  • Works natively on Base network
  • Can receive tokens from other Base wallets
  • Compatible with Base-native tokens (ETH, USDC, ANGRY, etc.)
  • May require bridging for tokens from other networks

Wallet Security Model🔗

Multi-Layered Protection🔗

Your wallet security relies on multiple layers:

  1. Telegram Account Security

    • Your first line of defense
    • Enable 2FA on your Telegram account
    • Use a strong, unique password
    • Don't share your phone number carelessly
  2. Angry System Security

    • Encrypted private key storage
    • Secure server infrastructure
    • Regular security updates
    • Professional monitoring
  3. Blockchain Security

    • Transactions recorded permanently
    • Cryptographic protection
    • Decentralized validation
    • Immutable transaction history

Your Responsibilities🔗

Keep your Telegram secure:

  • Use two-factor authentication
  • Don't log into Telegram on untrusted devices
  • Log out of public computers
  • Keep your phone secure

If you export your private key:

  • Store it extremely securely
  • Never share it with anyone
  • Don't store it in cloud services or email
  • Consider it as valuable as cash

Common Wallet Concepts Explained🔗

Balance vs. Available Balance🔗

Balance: Total tokens in your wallet Available Balance: Amount you can actually spend (balance minus pending transactions)

Gas Fees🔗

What they are: Cost to process transactions on the blockchain Why they exist: Compensate network validators In Angry: Usually $0.15-$0.50 per transaction

Transaction Confirmations🔗

What happens when you trade:

  1. You submit a transaction
  2. It gets broadcasted to the network
  3. Validators confirm it (1-2 seconds on Base)
  4. Your wallet balance updates

Token Standards🔗

Most tokens in Angry are ERC-20 compatible:

  • Standard format for tokens on Ethereum/Base
  • Ensures compatibility across wallets and applications
  • Your wallet can hold any ERC-20 token

Comparing Wallet Types🔗

Angry Managed Wallet vs. Self-Custody Wallet🔗

Angry Managed Wallet:

  • Automatic setup and management
  • No complex backup procedures
  • Integrated with all Angry features
  • Professional security management
  • Can still export private key if wanted
  • Relies on Angry system being available
  • Need to trust Angry's security practices

Self-Custody Wallet (like MetaMask):

  • Complete control over private keys
  • Works with any application
  • No dependency on third parties
  • Complex setup and management
  • Easy to lose access if not careful
  • You're responsible for all security

Wallet Best Practices🔗

Daily Usage🔗

  • Check your balance regularly with /balance
  • Keep some ETH for transaction fees
  • Don't store more than you can afford to lose
  • Understand each transaction before confirming

Security Habits🔗

  • Keep your Telegram account secure
  • Don't share wallet details in public
  • Be cautious of phishing attempts
  • Only use official Angry bots

Advanced Users🔗

  • Consider exporting your private key for backup
  • Learn about hardware wallets for large amounts
  • Understand how blockchain transactions work
  • Keep up with security best practices

Troubleshooting Common Issues🔗

"Insufficient Balance for Gas"🔗

Problem: Not enough ETH to pay transaction fees Solution: Send some ETH to your wallet first

"Transaction Failed"🔗

Problem: Network rejected your transaction Solutions:

  • Check your balance includes fees
  • Wait and try again (network might be busy)
  • Contact our support team if it persists

"Can't Access Wallet"🔗

Problem: Bot not responding or wallet not loading Solutions:

  • Try again in a few minutes
  • Restart the conversation with /start
  • Check if Telegram is working properly
  • Contact our support team if problem continues

Ready to Learn More?🔗

Next Steps🔗

Get Help🔗


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Remember: Your wallet is the foundation of your Angry experience. Take time to understand how it works, keep it secure, and don't hesitate to ask questions in the community!

angry@docs:~/documentation$ tail -f wallet/basics.mdx
Last updated: 2025-01-15