Blockchain wallet APIs enable seamless integration for generating cryptocurrency addresses, facilitating transactions, and managing digital assets. This guide explores how to use Wallet Services API to create addresses for Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), along with other supported tokens.
Wallet Services API Overview
Wallet Services provides a comprehensive API for managing 50+ cryptocurrencies and ERC-20 tokens, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- EOS
- ERC-20 tokens (e.g., BAT, LINK, USDC)
Key API Endpoints
All private API calls require a token parameter (via GET, POST, or HTTP header X-Token).
| Endpoint | Function |
|----------|----------|
| /balance/ | Check wallet balance |
| /new-address/ | Generate new deposit address |
| /withdraw/ | Initiate withdrawals |
| /transaction/history/ | Retrieve transaction records |
Generating New Wallet Addresses
Supported Cryptocurrencies
The /new-address/ endpoint supports:
- BTC, ETH, USDT, XRP, EOS
- Privacy coins: ZEC, XMR, DASH
- ERC-20 tokens: OMG, BAT, MKR, USDC
HTTP Request
POST https://walletservice.net:8443/api/v2/new-address/Parameters
| Parameter | Required | Description |
|-----------|----------|-------------|
| currency | Yes | Coin/ticker (e.g., btc, eth) |
| label | No | User-defined identifier (e.g., user1234) |
Example Requests:
# Generate a BTC address
curl -X POST https://walletservice.net:8443/api/v2/new-address/ -d "currency=btc"
# Generate an ETH address with a label
curl -X POST https://walletservice.net:8443/api/v2/new-address/ -d "currency=eth&label=18650"Best Practices for Address Generation
- Security: Always use HTTPS and store API keys securely.
- Labels: Assign unique labels to track addresses for specific users or purposes.
- Rate Limits: Check API documentation for request thresholds.
👉 Optimize your wallet integration
FAQ
1. Can I generate addresses for multiple coins simultaneously?
No. Each request supports one currency. Batch processing requires separate calls.
2. How long do generated addresses remain valid?
Addresses are permanent but can be deactivated via backend settings.
3. Is there a fee for address generation?
No. Wallet Services does not charge for creating addresses.
4. Which tokens are supported under Ethereum?
All ERC-20 tokens (e.g., USDC, LINK) use ETH-compatible addresses.
5. How do I check my API usage limits?
Call /status/ to view system health and rate limits.
Conclusion
Wallet Services API simplifies cryptocurrency address generation with robust security and multi-coin support. By leveraging endpoints like /new-address/, businesses can streamline deposits, withdrawals, and asset management.
For advanced features like automated fund consolidation, explore the full API documentation.