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What are multi-signature thresholds?
Updated over a month ago

Privileged operations on the Business funding account, like onboarding new users or adding withdrawal wallets, require multi-signature approvals. Only members with the Funding Admin permissions are authorized to approve these actions.

Actions that require multi-signature approvals are as follows:

  1. Funding Account user and permission updates, including adding or removing members from the funding account

  2. Address book management, including adding or removing wallet addresses for withdrawals

  3. Multi-signature threshold adjustments, including adding or removing members that can sign off on actions

Funding Admins can set custom thresholds, such as โ…” (indicating two out of three Admins must sign off on the action) for these approvals.

Configuring multi-signature thresholds

Only Funding Admins under a Business Account can set and configure multi-signature thresholds. Follow these steps:

  1. Navigate to the sidebar menu > My Account > Admin Operations.

  2. Under the Admins Management section, click on the gear icon next to the Current threshold.

  3. Follow the instructions to set or update the multi-signature threshold

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