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What is a transfer wallet?

Learn what Transfer Wallets are and how they help you securely send and receive money in Sling Money.

Updated over 2 weeks ago

About Transfer Wallets

Transfer Wallets are self-custodial wallets that help you securely manage and transfer digital dollars and digital euros, while keeping you in full control of your funds.

When you send or receive digital dollars or digital euros through Sling Money, Transfer Wallets are created and used to process those transactions.


You can think of them as temporary wallets designed to move money in and out of your main Sling Wallet.


Why Transfer Wallets are useful

Transfer Wallets are self-custodial, just like your primary Sling Wallet. This means you, and only you, control them.

You can export the keys of your Transfer Wallet at any time to another compatible wallet provider. This gives you peace of mind, knowing you can move or access your funds whenever you need to, without relying on anyone else.

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