Allow your friends to trade on your behalf with TokenSight’s Delegate Wallet

TokenSight
2 min readFeb 21, 2024

We’re thrilled to announce the launch of a powerful new feature on TokenSight: Delegate Wallet. With this feature, you can now grant another TokenSight user the ability to trade on your behalf by delegating your Secure Wallet to them.

TokenSight lets you authorize another TokenSight user to trade on your behalf by delegating your Secure Wallet to them.
TokenSight lets you authorize another TokenSight user to trade on your behalf by delegating your Secure Wallet to them.

How it works

The person you’re delegating your wallet to needs to share their User ID with you. Once you have their User ID, simply enter it into your TokenSight account. After that, they’ll gain the ability to execute trades on your behalf. And don’t worry, you maintain full control — you can revoke this delegation at any time.

It’s important to note a few key details:

  • You and only you control the wallet with your passkey, ensuring that only you can perform passkey-signed operations.
  • The delegated user can trade on your behalf if your wallet has trading permission. And, they’ll have access to view all the trades made with the delegated account.
  • They cannot export the wallet’s private seed, change trading permissions, or withdraw funds.

For example, let’s say you have a “Secure Wallet Solana 123” and you want to authorize someone to trade on Solana with it. Simply navigate to the Manage Wallet section, enable Solana trading using your passkey, and hit “Delegate Access.” Paste the recipient’s User ID, and you’re all set! They’ll immediately see the wallet in their dashboard and can begin trading. If you ever need to revoke access, it’s as simple as clicking “Remove Delegated Access.”

You can read a full tutorial here: https://x.com/TokenSight_Io/status/1755372192613753055?s=20

Setting up a Self-Custodial wallet for DEX trading on TokenSight gives you complete control over your funds while streamlining your trading operations. We highly encourage you to trade using these Secure Wallets.

Always Trade Safely.

About TokenSight

TokenSight is a DEX trading platform that enables secure and efficient trading with features such as trade orders, copy trading, sniping and alerts.

Learn about TokenSight on Gitbook, Twitter, Medium, Telegram, Discord, and more using our Linktree.

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TokenSight

TokenSight is alerting and Dex Automation platform for onchain activities. We provide actionable real-time alerts and Dex trade execution services.