A sub-account is a subsidiary account linked to a primary account. This feature is particularly useful in the crypto trading landscape, allowing users to manage multiple trading strategies and responsibilities efficiently.
Understanding Sub-Accounts
Sub-accounts serve as separate accounts under a main account, enabling users to organize their trading activities. They are ideal for individuals or teams that engage in various trading strategies or need to isolate funds for risk management purposes. Each sub-account can operate independently while still being controlled by the master account holder.
Key Features of Sub-Accounts
- Multiple Accounts: Users can create several sub-accounts to manage different trading strategies or assets.
- Enhanced Security: Funds can be isolated within sub-accounts, reducing risk exposure.
- API Integration: Sub-accounts can be accessed via API, allowing automated trading setups.
- User Permissions: Different permissions can be assigned to users for each sub-account, enhancing control and security.
How to Create a Sub-Account
Creating a sub-account typically involves several simple steps. Check our article here to know more on how to create your sub- account.
Frequently Asked Questions
Can I create multiple sub-accounts?
Yes, per main account on Coins can only create up to 30 sub-accounts for now.
Can I transfer funds between sub-accounts?
Transfer capabilities are allowed from the main account to sub accounts, and between sub accounts.