Security Model
The security of user funds, private keys, and wallet infrastructure is our core priority. The system is designed to provide full user ownership and control while enabling real-time trading, shilling, and reward mechanisms within Telegram.
Semi-Custodial Model
ShillBill operates under a semi-custodial wallet model that balances security, user control, and automation:
Each user receives a wallet generated exclusively for their account.
Private keys are encrypted and securely stored on backend. Keys are accessed only when the user initiates a transaction such as a trade or withdrawal.
Users retain full ownership of their wallet. Private keys and seed phrases can be exported at any time, providing full access to funds independently of ShillBill.
As long as users maintain secure access to their seed phrase, they can recover and transfer their funds without limitation.
Our model enables instant trading, automated shilling, real-time rewards, and seamless Telegram integration without compromising user ownership of funds.
You maintain full ownership and control of your wallet at all times; ShillBill only automates key interactions to enable real-time trading, shilling, and reward mechanisms within Telegram.
Security Measures
Multiple layers of security are implemented to safeguard user funds and maintain system integrity:
End-to-End Encryption: Private keys are protected using strong encryption protocols to prevent unauthorized access.
Secure Transaction Signing: Transactions are executed only following explicit user authorization.
Isolated Wallet Architecture: Each user operates a fully isolated wallet instance, preventing cross-account access.
Continuous Security Monitoring: The infrastructure undergoes ongoing security reviews and real-time monitoring to proactively address potential threats.
User Best Practices
While ShillBill manages backend security, users are encouraged to follow best practices to maximize personal account safety:
Use strong, unique passwords for Telegram and enable two-factor authentication (2FA).
Avoid holding large balances in the trading wallet unless actively trading.
Never share private keys or seed phrases under any circumstances, including with individuals claiming to be ShillBill support, even if they are confirmed team members.
If any suspicious activity is detected, users should immediately export their wallet and transfer funds to external wallets.
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