Understanding VCoin Wallet

Learn about your VYRAL VCoin wallet and how to manage your earnings

Your VYRAL account includes a built-in VCoin (VYC) wallet that allows you to earn, store, and spend the platform's native cryptocurrency.

What is VCoin?

VCoin (VYC)

VYRAL's utility token built on Solana blockchain

TOTAL SUPPLY

10 Billion

Fixed supply

DEFLATIONARY

1% Burned

On every tip transaction

TRANSACTION FEE

$0.00025

SPEED

<1 Second

Transaction confirmation

Your Custodial Wallet

Custodial Wallet

Automatically provided with your VYRAL account

✅

Auto-Created

Set up when you sign up

✅

Secure

Protected by your account

✅

No Crypto Knowledge

Works like regular wallet

✅

Instant

Send & receive VYC instantly

✅

Backup & Restore

Seed phrase available

Custodial vs Non-Custodial

Your wallet is custodial, meaning VYRAL manages the keys securely. For advanced users, you can also backup your seed phrase for self-custody.

Accessing Your Wallet

📱 Quick Access

Open the VYRAL app

Tap Profile → VYC Wallet

View your wallet dashboard

📊 Dashboard Overview

💰

VYC Balance

📝

Recent Transactions

📈

Earning History

🏦

Withdrawal Options

Earning VCoin

You can earn VYC through multiple ways:

📝

Content Rewards

CREATE & EARN

• Post threads, photos, videos

• Get engagement (likes, comments, shares)

• Quality content earns more

💰

Tips from Followers

INSTANT PAYMENT

• Receive tips on your posts

• 80% goes to you, 1% burned

• Instant settlement

🔄

Subscriptions

RECURRING INCOME

• Offer exclusive content

• Monthly recurring revenue

• Keep 80% of subscription fees

🛒

Marketplace Sales

LOW FEES

• Sell items in marketplace

• Low 5% platform fee

• Receive payment in VYC

👥

Referral Bonuses

INVITE & EARN

• Invite friends to VYRAL

• Earn VYC for each active referral

• Track in Referral Dashboard

Sending VCoin

Send VYC to Anyone

Transfer VCoin to other VYRAL users instantly

Open Wallet

→

Enter Recipient

→

Confirm & Send

⚡ Instant Transfers: Transfers between VYRAL users are instant and have minimal fees.

Receiving VCoin

📥 Receive VYC

Share your payment details to receive VCoin from anyone

1.Navigate to Wallet → Receive

2.Share username or wallet address

3.Show QR code or copy address

4.Funds appear instantly ✓

📱

QR Code Payment

Quick and easy way to receive VCoin

Transaction History

Complete Transaction Log

View and manage all your VCoin activity

Access: Wallet → Transaction History

📝

Earnings from Content

Posts, videos, engagement rewards

💸

Tips Received/Sent

Community appreciation

🛒

Marketplace Transactions

Purchases and sales

🏦

Withdrawals

VCoin to fiat conversions

🔄

Subscription Payments

Creator subscriptions

Filter & Export Options

📅 Date Range

🏷️ Type Filter

💰 By Amount

📊 Export CSV

Wallet Security

Backup Seed Phrase

Critical security step

Wallet → Settings → Backup Seed Phrase

Write down your 12-word phrase

Store it safely offline

Never share with anyone

⚠️ Critical: Your seed phrase is the ONLY way to recover your wallet if you lose access. Store it securely!

✅ Security Best Practices

✓Enable 2FA on your account

✓Use strong, unique password

✓Backup seed phrase offline

✓Verify recipient before large sends

✗Don't screenshot seed phrase

✗Don't store seed phrase digitally

Withdrawing VCoin

Convert VYC to Cash

Multiple withdrawal options for your convenience

Coming Soon

🏦

Bank Transfer

Direct conversion to USD/EUR and withdrawal to your bank account

•Convert VYC to USD/EUR

•Withdraw to bank account

•2-5 business days processing

Q3 2026

🔄

Crypto Withdrawal

Send to external Solana wallet and trade on DEX platforms

•Send to Solana wallet

•Trade for SOL/USDC on DEX

•Available on Raydium

Planned

💳

PayPal/Venmo

Quick and easy direct fiat withdrawal to payment apps

•Direct fiat withdrawal

•Faster processing time

•Convenient payment apps

ℹ️ Important: VYC trading on DEXs launches Q3 2026. Until then, you can spend VYC within VYRAL's ecosystem for tips, subscriptions, marketplace purchases, and more.

VCoin Economics

Value Driver	Mechanism	Impact
Real Utility	Tips, subscriptions, marketplace	High Demand
Deflationary	1% burned on every tip	Reduced Supply
Revenue Share	80% to creators	Creator Value
Growing Users	Network effects	More Demand
Limited Supply	10B tokens max	Scarcity

🎯 Current Use Cases

💬

Tip Posts

Support creators

🎁

Live Gifts

Stream rewards

🛒

Marketplace

Buy & sell

📺

Subscriptions

Premium content

🎫

Event Tickets

Join meetups

📍

Promote

Boost visibility

Restoring Your Wallet

With Seed Phrase

Full recovery possible

Install VYRAL App

Download from App Store or Play Store

Tap "Restore Wallet"

On the login screen

Enter Seed Phrase

Input your 12-word phrase

Set New Password

Create new account password

Access Restored ✓

Your wallet is back!

✓ Success: All your VCoin and transaction history will be restored.

Without Seed Phrase

Cannot recover wallet

🚫

Recovery Not Possible

If you don't have your seed phrase and lose account access, your VYC cannot be recovered.

🔐No Backdoor Access

VYRAL cannot recover your wallet for you - this ensures maximum security.

📝Prevention is Key

Always backup your seed phrase offline in a secure location.

⚠️ Critical Reminder: Your seed phrase is the ONLY way to recover your wallet. Store it safely!

Wallet Limits

Security Limits

Daily transaction limits for your protection

📤

10,000 VYC

Send Limit

Per Day

💸

5,000 VYC

Withdraw Limit

Per Day

📥

∞ Unlimited

Receive Limit

No Restrictions

🔓 How to Increase Limits

✓

Complete KYC

Verify your identity

✓

Link Bank Account

Add payment method

✓

Build History

Regular transactions

Tax & Reporting

Tax Implications

VCoin may be taxable in your jurisdiction

Activity	Tax Classification	Example
Earning VYC	Income	Tips, content rewards, subscriptions
Selling VYC	Capital Gains/Loss	Converting VYC to fiat or crypto
Tipping	Gift (May be taxable)	Sending VYC to other users