diff --git a/domain/tokens/models/src/main/java/com/tangem/domain/tokens/model/Network.kt b/domain/tokens/models/src/main/java/com/tangem/domain/tokens/model/Network.kt
index e976a7786a..2ab37242b0 100644
--- a/domain/tokens/models/src/main/java/com/tangem/domain/tokens/model/Network.kt
+++ b/domain/tokens/models/src/main/java/com/tangem/domain/tokens/model/Network.kt
@@ -82,7 +82,7 @@ data class Network(
         data class Custom(override val value: String) : DerivationPath()
 
         /**
-         * Represents a lack of derivation path.
+         * Represents a lack of derivation path, which means the wallet does not support the HD wallet feature.
          */
         @Serializable
         data object None : DerivationPath() {
diff --git a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/component/preview/PreviewCustomTokenFormComponent.kt b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/component/preview/PreviewCustomTokenFormComponent.kt
index 5d995e9b1c..237bf10084 100644
--- a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/component/preview/PreviewCustomTokenFormComponent.kt
+++ b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/component/preview/PreviewCustomTokenFormComponent.kt
@@ -18,7 +18,7 @@ import kotlinx.collections.immutable.toPersistentMap
 
 internal class PreviewCustomTokenFormComponent(
     networkName: ClickableFieldUM = PreviewCustomTokenFormComponent.networkName,
-    derivationPath: ClickableFieldUM = PreviewCustomTokenFormComponent.derivationPath,
+    derivationPath: ClickableFieldUM? = PreviewCustomTokenFormComponent.derivationPath,
     canAddToken: Boolean = false,
     tokenForm: CustomTokenFormUM.TokenFormUM? = PreviewCustomTokenFormComponent.tokenForm,
     notifications: PersistentList<CustomTokenFormUM.NotificationUM> = PreviewCustomTokenFormComponent.notifications,
diff --git a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/entity/customtoken/CustomTokenFormUM.kt b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/entity/customtoken/CustomTokenFormUM.kt
index cf0f8554a8..6f8206441a 100644
--- a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/entity/customtoken/CustomTokenFormUM.kt
+++ b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/entity/customtoken/CustomTokenFormUM.kt
@@ -10,7 +10,7 @@ import kotlinx.collections.immutable.persistentMapOf
 
 internal data class CustomTokenFormUM(
     val networkName: ClickableFieldUM,
-    val derivationPath: ClickableFieldUM,
+    val derivationPath: ClickableFieldUM?,
     val tokenForm: TokenFormUM?,
     val notifications: PersistentList<NotificationUM> = persistentListOf(),
     val canAddToken: Boolean = false,
diff --git a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/model/CustomTokenFormModel.kt b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/model/CustomTokenFormModel.kt
index b5f4d3bfc1..1e4f48feec 100644
--- a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/model/CustomTokenFormModel.kt
+++ b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/model/CustomTokenFormModel.kt
@@ -37,7 +37,8 @@ import kotlinx.coroutines.launch
 import timber.log.Timber
 import javax.inject.Inject
 
-@Suppress("LongParameterList")
+// TODO: Divide to sub-components: [REDACTED_JIRA]
+@Suppress("LongParameterList", "LargeClass")
 @ComponentScoped
 internal class CustomTokenFormModel @Inject constructor(
     override val dispatchers: CoroutineDispatcherProvider,
@@ -83,19 +84,26 @@ internal class CustomTokenFormModel @Inject constructor(
             } else {
                 null
             },
-            derivationPath = ClickableFieldUM(
-                label = resourceReference(R.string.custom_token_derivation_path),
-                value = if (params.derivationPath == null || params.derivationPath.isDefault) {
-                    resourceReference(R.string.custom_token_derivation_path_default)
-                } else {
-                    stringReference(params.derivationPath.name)
-                },
-                onClick = ::selectDerivationPath,
-            ),
+            derivationPath = getDerivationPathFormIfSupported(),
             saveToken = ::addCurrency,
         )
     }
 
+    private fun getDerivationPathFormIfSupported(): ClickableFieldUM? {
+        // If network doesn't support derivation path, return null
+        if (params.network.derivationPath is Network.DerivationPath.None) return null
+
+        return ClickableFieldUM(
+            label = resourceReference(R.string.custom_token_derivation_path),
+            value = if (params.derivationPath == null || params.derivationPath.isDefault) {
+                resourceReference(R.string.custom_token_derivation_path_default)
+            } else {
+                stringReference(params.derivationPath.name)
+            },
+            onClick = ::selectDerivationPath,
+        )
+    }
+
     @OptIn(FlowPreview::class)
     private fun observeTokenFormUpdates() {
         state
diff --git a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/ui/CustomTokenFormContent.kt b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/ui/CustomTokenFormContent.kt
index fca42a82dc..1b01e1e8bf 100644
--- a/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/ui/CustomTokenFormContent.kt
+++ b/features/manage-tokens/impl/src/main/kotlin/com/tangem/features/managetokens/ui/CustomTokenFormContent.kt
@@ -117,12 +117,13 @@ private fun FormContent(model: CustomTokenFormUM, modifier: Modifier = Modifier)
 
         val tokenForm = model.tokenForm
         if (tokenForm != null) {
-            TokenForm(tokenForm)
+            TokenForm(tokenForm = tokenForm)
         }
 
-        ClickableField(
-            model = model.derivationPath,
-        )
+        val derivationPath = model.derivationPath
+        if (derivationPath != null) {
+            ClickableField(model = derivationPath)
+        }
 
         model.notifications.fastForEach { notification ->
             Notification(
@@ -278,6 +279,13 @@ private class PreviewCustomTokenFormComponentProvider :
             PreviewCustomTokenFormComponent(
                 tokenForm = null,
             ),
+            PreviewCustomTokenFormComponent(
+                derivationPath = null,
+            ),
+            PreviewCustomTokenFormComponent(
+                tokenForm = null,
+                derivationPath = null,
+            ),
         )
 }
 // endregion Preview
\ No newline at end of file