Getting Started

Coin Activation Process

How to Activate Your Coin and Set Up Payout Wallets

Activating your coin allows you to connect your payout wallet to your Honest Money account. You can also use your coin’s 6-digit Asset ID to add a cold-storage wallet directly.

Follow the steps below to activate your coin and configure where your payouts are sent.

Step 1: Log In to Your Honest Money Account

Go to the Honest Money website:

mine.honest.money

Step 2: Open Your Profile

Once you are logged in, locate and select Profile.

Your Profile contains your account information and your Payout Wallets section.

Step 3: Find the Payout Wallets Box

Scroll down until you find the Payout Wallets box.

This is where you can add and manage the wallets that will receive your payouts.

Step 4: Click "Add Wallet"

Click Add Wallet to begin adding a payout wallet.

Depending on the type of wallet you are adding, you can either:

Copy and paste the wallet address into the appropriate field.
Scan the wallet QR code using your device.
Add a cold-storage wallet using the coin's 6-digit Asset ID.

Adding a Cold-Storage Wallet

If you are adding your physical cold-storage coin, you can use the 6-digit Asset ID associated with the coin.

Enter the 6-digit Asset ID when prompted to connect the cold-storage wallet.

Step 5: Add Additional Wallets

You are not limited to adding just one wallet.

You can add multiple payout wallets to your account if you want your payouts distributed between different wallets.

For example, you may choose to have payouts divided between two or more wallets.

Step 6: Adjust Your Payout Percentages

After adding multiple wallets, you can adjust the percentage of your payout that goes to each wallet.

This allows you to decide how your payouts are distributed.

For example:

Wallet 1 — 50%
Wallet 2 — 30%
Wallet 3 — 20%

The percentages can be adjusted according to how you want your payouts distributed.

Important

Make sure that any wallet address or Asset ID you enter is correct before saving your settings. Always double-check your information to help ensure your payouts are directed to the intended wallet.

Once your payout wallets have been added and your percentages are configured, your account is set up to distribute payouts according to your selected wallet settings.