So for the wallet name if lets say I pick bitnull then for btc I should generate bitnull-btc for eth it should be bitnull-eth etc?
Yes, you should generate a wallet for each active coin in your exchange using that format
What if one of those names is taken by someone else since the names are unique.
All wallets must have the same VAULT-NAME
. If a wallet using that VAULT-NAME
is taken, you have to change your VAULT-NAME
. This is why I recommend picking a VAULT-NAME
that is unique to your exchange from the beginning. Include numbers, dashes(-
), or underscores(_
) to your name to make it even more unique. For example, if your exchange name is bitnull
, your VAULT-NAME
can be bitnull-08_81
. Keep in mind that the wallet name character limit is 20.