Managing Funds

Wink's wallet is a digital wallet to receive, send, and store USDC, a digital coin fully pegged to the US. dollar, and SOL, a popular crypto currency based on Solana's network. Similar to a regular wallet contains cash yet digital.

Upon signing in with social logins or email for the first time, a wallet is created and linked to the profile. The user exclusively maintains complete control over this wallet and its assets.

The wallet comes with a long wallet address and a wallet recovery key (also private key).

The wallet comes with a long wallet address, like every credit card or bank account has a card number. It is the recipient number for received USDC and SOL.

Upon initial sign-in, a digital wallet is created and linked to the Wink account. Each digital wallet comes with an individual wallet address. This address is permanently fixed and cannot change.  It is the individual recipient number for receiving USDC and SOL.

1. Tap the circular profile icon at the bottom right (or at the top left if on desktop)
2. Select 'Wallet'
3. The wallet address is located behind the label 'Public Key'

A wallet recovery key (also private key) is a highly confidential recovery key for the digital wallet and its funds. The holder of this private key has access to the funds of the digital wallet. Consequently, it’s a unique key that only the user ought to know and nobody else!

If access to the social login or email is lost, the digital wallet and funds can still be accessed using the wallet recovery key. So please familiarize how to export it.

1. Tap the circular profile icon at the bottom right (or at the top left if on desktop)
2. Select 'Wallet'
3. Select 'Export private key'
4. Check the box to confirm understanding and acceptance of the risks
5. Click 'Copy private key to clipboard' to save it to the device's clipboard
6. Insert the wallet recovery key from the device's clipboard to a secure location where it is temporarily safe to write it down on physical paper.
   Please be aware: Don't keep the wallet recovery key on elecontric device as image, in a text editor, or any other notepad application. The secure approach is to document it down on physical paper only, to which no one has access.

Wink Support will never request its users to share their login details or wallet recovery key (private key).

DO NOT share your private key with anyone, including Wink support or anyone claiming to be from Wink.Whoever has access to this private key has access to all your wallet funds.

There are two methods to top-up the balance: Either the in-house top-up service (only USDC), or deposit USDC or SOL from a 3rd-party exchange into the Wink wallet.

• Depending on location and local currency, diverse traditional payment methods exist to top-up USDC.
  
  1. Tap the circular profile icon at the bottom right (or at the top left if on desktop)
  2. Select 'Wallet'
  3. Select the '+ Top Up' button
  4. Select across +25 currencies in the newly opened pop-up
  5. After selecting the currency, enter the required USDC amount for the top-up
  6. Select the 'Proceed Buy' button
  7. Enter the email and verify it 
  8. Once verified, pick the payment method e.g. VISA.
  9. Enter the payment details & complete the purchase

  Purchases on Wink are gasless, requiring only the exact USDC or SOL amount for a pass purchase

• Users can buy USDC (Solana) or SOL externally from crypto exchanges and transfer them to the digital wallet with its address as recipient. 

Wink Support will never request its users to share their login details or wallet recovery key

There are two withdrawal methods for USDC or SOL. First, a direct conversion of USDC and/or SOL to a local currency, followed by a direct transfer to a bank account, when local currency and location are supported. Second, a USDC and/or SOL withdraw to a cryptocurrency exchange

• Creators can initiate a direct conversion of their crypto to the local currency at Wink, followed by a direct transfer to a bank account when local currency, location and payout to the bank are supported. This feature, which necessitates KYC verification, will be made available in the near future.
• Alternatively, creators may choose to withdraw their USDC or SOL to a cryptocurrency exchange, preferably one that supports bank payouts in the creator's local currency.
  This is how to send the USDC or SOL to a crypto exchange:
  
  1. Tap the circular profile icon at the bottom right (or at the top left if on desktop)
  2. Select 'Wallet'
  3. Select 'Withdraw' to view the wallet withdraw interface
  4. Choose the currency to withdraw 'USDC' or 'SOL'.
  5. Below 'Address,' enter the USDC or SOL address of a crypto exchange account that is going to receive the digital curency. Please double-check the address and make sure that the receiver exchange supports the chosen currency for the Solana Network. When in doubt, get professional help!
  6. Below 'Amount' choose the USDC or SOL amount to send.
  7. Once selected hit the purple 'Send' button at the bottom right corner to send the digital currency
     Note: Withdrawing USDC requires a small amount of SOL (approximately 0.00005 SOL, which is around $0.01 per withdrawal)