How Cheetah Handles Wallets & Custody

How custody actually works

When you start, Cheetah provisions a Solana wallet for you and stores its keys in encrypted form. You fund it by sending SOL to its address, and you can withdraw your funds to any external wallet whenever you want. Nothing locks you in. Holding the keys encrypted is what lets the app execute memecoin trades for you quickly, the same thing that powers fast execution, copy trading and stop-loss. If you are new, start with getting started with Cheetah.

An honest note on the model

Cheetah’s wallet is a managed, encrypted wallet, not a browser-extension, seed-phrase self-custody wallet like Phantom. You do not manage a 12/24-word seed phrase yourself, and the keys are held encrypted so the app can execute trades for you. That trade-off buys speed and simplicity, but it is different from full self-custody, and you should understand it before funding an account. If unrestricted, personal-key self-custody is essential to you, factor that in.

Controls that keep you in the loop

• Withdraw anytime, your SOL and tokens are yours to move to an external wallet, with no lock-up.
• Encrypted keys, the wallet’s keys are stored encrypted rather than left in plain sight, so day-to-day trading does not expose them.
• You initiate trades, buys and sells happen because you tap to execute them, or because of controls you set like copy trading and stop-loss. You decide the amount, priority fee and slippage.
• Liquidity checks, flag warning signs on a token so you can react and try to exit before things get worse.

Funding and withdrawing

Funding is simple: send SOL to your wallet’s address from an exchange or another wallet. Withdrawing is just as open, move your SOL and tokens to any external wallet whenever you like. Because you can leave at any time, the managed model does not trap your funds; it trades personal-key control for the ability to execute trades fast on your behalf.

Account safety basics

• Withdraw profits you are not actively trading rather than leaving everything in the app.
• Keep the device and account you use to access Cheetah secured, and be alert to phishing. Cheetah will never ask you to send funds to “verify” a wallet.
• Start with small live amounts while you learn the interface.
• Only trade with money you can afford to lose, position sizing is your first line of defense.

What we do not claim

Control and information, not certainty

We will not pretend otherwise: Cheetah cannot guarantee profits, cannot eliminate risk, and does not make your trades MEV-proof. Rug checks reduce, but do not remove, the chance of getting caught in a scam, and encrypted-key custody is a trade-off, not a magic shield. Security here means giving you control and information, not certainty. Learn the manual red flags too in how to identify memecoin scams, and see the full security page.

Risk disclosure

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