Initializing Account
Last updated
Last updated
The EasyCoin Account is a DeFi account created as a PDA (Program Derived Address) where the user acts as the Owner. No need to import user's private keys.
The wallet used to initiate the account creation transaction becomes account's Owner and can Deposit and Withdraw funds. EasyCoin’s Agent can only execute trades based on the user’s intent and cannot withdraw funds from the Account. Click here to learn more about [Security & Audits].
Users start by entering an Account Name and an initial investment amount, then clicking “Create Account.” This action prompts the user’s wallet to sign and send a transaction. After initiating the transaction, wait a few moments (usually just a few seconds) for the transaction to be confirmed on the blockchain, and the account will be successfully created.
The initial investment amount can be set to 0, and users can deposit or withdraw funds from the Account at any time after creation.
The Trading Password is a crucial security measure to protect the account. All sensitive operations on EasyCoin require entering this password. The Trading Password must be at least 6 digits long. After confirming the password by entering it twice, the essential steps for creating an account are complete.
The system curates Smart Money strategies with the highest recent success rates.
Users can click “Start Copytrading” to create a Copy Trading Agent, or click “Choose My Own” to select and filter their preferred Smart Money strategies.
