Freechat Wallet

Freechat Wallet is a Freechat in-app wallet, you need to deposit on-chain assets into Freechat in order to use Freechat Wallet.

Freechat is not responsible for keeping and recording users' account and wallet data through its servers and relies entirely on the blockchain network for identity confirmation and interaction.

Users need to keep their own seed phrases and private keys properly and be aware of network security to prevent loss of assets and data due to theft of helper and private keys.

FAQ

What is Freechat Wallet？

Freechat wallet is a wallet built on the Freechain blockchain network. Users can transfer money, make payments, and a series of other applications within the Freechat app. The wallet uses Freechat Coin as the Gasfee, using the Ethernet standard protocol, which facilitates users to handle asset transfers within Freechat at a low Gasfee.

All tokens of the Freechat wallet are pegged 1:1, i.e. if a user deposits 1 digital asset, Freechat will mint 1 token in the network, and if a user withdraws 1 digital asset, then Freechat will destroy 1 token.

How to use Freechat Wallet？

In the Freechat application, you can make payments, transfers, financial management, investments, etc. through the Freechat wallet. The Freechat wallet is convenient for you to use digital currency in any scene in your life.

Withdraw Service

When you use the service, you need to pay the service fee in your Freechat Wallet, the service fee supports tokens such as ETH, USDT, and we will deduct your service fee according to the tokens held in your wallet, etc.

Deposit Service

The deposit service requires a certain amount of Gasfee to be paid to the blockchain network you are on. The gas fee depends on the cost of the blockchain network you are using. For example, Ether requires ETH as Gasfee。

Where the withdrawn tokens are located

Withdrawn tokens go directly to the on-chain wallet of your Freechat Web3 wallet.

Payment Service

To use the payment service within the Freechat app, you need to deposit tokens to the Freechat Wallet via the Freechat Web3 Wallet in order to make a payment.

Freechat Wallet internal transfer

Freechat Wallet internal transfers are only allowed within the Freechat app and do not support on-chain transfers.

There are no Gasfee fees for internal Freechat Wallet transfers.

What Gasfee does Freechat charge and what are the rates？

Freechat charges a certain service fee for some services as Freechat's operational support. The services not marked in the list are free, and the charged services are shown in the following list:

Item	Function	Fee	Way of Charge
Freechat Wallet	Withdraw Service	10 USD/transaction	Freechat Wallet