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Understanding Wallets, Accounts, and Addresses in Wire Wallet

Wire Wallet gives you flexible ways to manage your crypto, but it helps to understand how wallets, accounts, and addresses work. A good way to think about the structure is to compare it to a real-world wallet with multiple payment methods.

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Wallet

A wallet is created from a recovery phrase and can contain multiple accounts.
Think of it like your bank Username—it can hold several accounts. 

  • Your recovery phrase = the password to access that bank

  • All accounts inside the wallet are controlled by that phrase

Account

An account is like just like it sounds its an account inside of that specific bank username.
Each account gives you access to all of the funds associated to it, 

Since Wire Wallet is multi-chain, a single account can show balances from multiple supported blockchains—just like one account could have several types of currency or types of funds

Address

An address is similar to the account number printed on your credit card.
It’s the unique identifier others use to send you funds.

Each account can have multiple addresses (one per network, and sometimes more depending on standards), just like one bank account might have different routing or account numbers for different services.

How It All Fits Together

Creating a Wallet

You can create a new wallet in Wire Wallet by generating a recovery phrase.
This creates a non-custodial seed wallet, giving you full control of your assets

Accounts Inside Your Wallet

Every wallet starts with one account, but you can add as many as you like.
You can also rename accounts and personalize them for organization.

Because Wire Wallet is multi-chain, each account includes public addresses on all supported networks. You can hide networks you don’t use to keep things clean.

Importing an Existing Wallet

You can import a wallet created in Wire Wallet or any other compatible app (such as MetaMask, Solflare, or other BIP-39 wallets) using its recovery phrase.

When imported:

  • The recovery phrase becomes a new wallet inside the app

  • All associated accounts and addresses are recreated

  • You control everything from Wire Wallet’s settings

If you import multiple recovery phrases, you can decide which one to use when creating new accounts.