Set an approval policy
Approval policies mean you can control how many approvals are necessary to make a payment and change account settings.
Step 1 - Go to the Wallets page from the sidebar menu.
Step 2 - Click on the wallet details and hit Settings (3 dots at the rights of the wallet row).
Step 3 - In the Approval policy text field, set the number of admin approvals required to approve a crypto transaction. The more signers, the lesser the risk of funds being misused. However, too many admins can increase the complexity of your operations, it's a good balance to find!
We recommend setting the approval threshold to (number of admins - 1) in case one of your admins gets compromised or lose access to his email.
Last updated