Closed/Archived Wallets

Hi there,

Sorry, several related but kind of unstructured questions.

  1. Is there any way to close an account / wallet? If we decide we no longer want to use a wallet, or we’ve accidentally opened a wallet, is there any way to remove a wallet other than archiving it on the console?
  2. Will we continue to be charged for wallets that are archived/invisible?
  3. Is ‘hiddenOnUI’ on the API and ‘archived’ on the UI the same thing?

Thanks!

Hey @alistair.an,

There’s no option to delete an account or a wallet in Fireblocks and this is due to a scenario in which you already shared the address with some user or client of yours and they will deposit into it after it’s deletion.

Archiving vaults just moves these from the main Vault Accounts page into a separate category in the UI which is “Archived”.
The vault will be automatically un-archived if there would be a deposit into it.

In regards to hiddenOnUi vs Archived:
While archiving is possible only via the console, hiddenOnUi is possible only via the API through the appropriate API endpoints. Using hiddenOnUi is required only in a case of an omnibus structure when you create a lot of vault accounts for your users to serve their deposits. You want to hide these from the UI so your web console won’t be swamped with too many vault accounts.

In regards to charging for inactive wallets:
I am not sure and would need to check this.