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.

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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