# Wallet Management

### **How do I manage withdrawal addresses?**

Terrace proactively creates wallets for all chains we support so you can immediately receive funds and trade on those chains.

### **Why do I have wallets on chains I have not used or didn't add?**

Terrace proactively creates wallets for all chains we support so you can immediately receive funds and trade on those chains.

### **Can I view balances across multiple chains in one dashboard?**

Yes. Multi‑Wallet Portfolio Management provides a unified dashboard showing balances and positions by token, chain, and wallet.

### **How often does Terrace update wallet balances and positions?**

Balances and deposits are updated in real time as Terrace polls on‑chain data and connected trading venues. Position mark price and PNL are updated every 60s or on any action (trade, deposit, withdrawal, airdrop).

### **How do I add an address to the address book?**

In the Address Book section of Account Settings, click “Add Address,” enter the address and a label, and complete 2FA. Institutional accounts require administrator approval for new addresses.

### **Can I label addresses in my address book?**

Yes. Each whitelisted address can have a nickname to help you identify different withdrawal destinations.