To set up a policy rule for a specific wallet, navigate to the Policy tab located in the sidebar or left menu. Follow these steps to configure your transaction policy using inabit’s robust and user-friendly engine:
Select Wallet and Access Policy Settings:
Access the Policy tab in the sidebar or left menu. Choose the specific wallet for which you want to establish a policy rule.
Define Approvers and Minimum Signatures:
Add as many approvers as desired for participation in the signing policy. Set a minimum number of required approvers for transaction authorization. For instance, if you include 5 approvers, you can specify that only 3 of them need to sign a transaction up to a certain amount (X).
Specify Transaction Amount:
Choose the maximum transaction amount (in either USD or EUR) based on the currency selected during the account setup.
Select Approvers for Transaction:
Indicate the approvers who should be involved in authorizing the transaction. Refer to the above example for clarification.
Configure Additional Settings:
Optionally, determine the number of approvers required for wallet transactions.
Add multiple tiers to your transactions.
Save the Rule:
Click on "Save Rule" to apply your configured policy settings.
Understanding Wallet Settings:
In the Wallet Settings tab on the right:
Whitelist Addresses:
If you have saved contacts, these addresses are automatically whitelisted. Saving contacts ensures a secure and approved list for transactions.
Toggle Functionality:
Toggle the button off to enable transactions to unsaved addresses. Turning off the toggle expands the options to send transactions to any addresses.
Feel free to explore the toggle to send funds either to saved addresses or unsaved addresses (when the toggle is off), or specify a particular address for the transaction.
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