diff --git a/BTCPayServer/Controllers/WalletsController.PSBT.cs b/BTCPayServer/Controllers/WalletsController.PSBT.cs
index 140641978..1982848b8 100644
--- a/BTCPayServer/Controllers/WalletsController.PSBT.cs
+++ b/BTCPayServer/Controllers/WalletsController.PSBT.cs
@@ -86,6 +86,9 @@ namespace BTCPayServer.Controllers
                 return await WalletPSBT(walletId, vm);
             var network = NetworkProvider.GetNetwork<BTCPayNetwork>(walletId.CryptoCode);
             vm.CryptoCode = network.CryptoCode;
+            vm.NBXSeedAvailable = await CanUseHotWallet() && !string.IsNullOrEmpty(await ExplorerClientProvider.GetExplorerClient(network)
+                .GetMetadataAsync<string>(GetDerivationSchemeSettings(walletId).AccountDerivation,
+                    WellknownMetadataKeys.Mnemonic));
             var psbt = await vm.GetPSBT(network.NBitcoinNetwork);
             if (psbt == null)
             {