Asset management sub-accounts are specialized tools designed for investors who wish to delegate their trading activities to professional teams. This structure allows a trading team to manage funds on behalf of an investor while the investor retains ultimate ownership of the assets. This guide provides clear, step-by-step instructions for both investors and trading teams to set up and manage these accounts effectively.
Getting Started as an Investor
An investor, often referred to as the master account holder, initiates the process by creating a sub-account and linking it to a chosen trading team.
Creating Your Asset Management Sub-Account
The first step is to generate a new sub-account specifically for asset management purposes.
- After logging into your account, locate and select ‘Sub-accounts’ from your profile menu.
- Click on the ‘Create Sub-account’ button.
- You will be prompted to set a Login ID and Password for the new sub-account.
- Ensure you select ‘Asset Management Sub-account’ as the account type.
- Adjust any additional settings according to your preferences and finalize the process by clicking ‘Submit’.
Linking Your Sub-Account to a Trading Team
Once the sub-account is created, it must be connected to the trading team you have selected.
- Within the sub-account management interface, find and click on ‘Link Trading Team Account’.
- You will need to enter the unique Trading Team UID. Obtain this identifier directly from your chosen trading team beforehand.
- Complete the required two-factor authentication (2FA) process to confirm the action.
- A successful link will change the account’s status to ‘Under Custody’.
Transferring Funds for Management
For the trading team to begin, you must allocate capital to the newly created sub-account.
- Navigate to the ‘Fund Transfer’ section.
- Select the specific cryptocurrency and the amount you wish to transfer into the asset management sub-account.
- Confirm the transaction. The funds will then be available for the trading team to manage according to your agreement.
Managing the Account Relationship
The investor maintains control over the duration and terms of the management relationship through binding and unbinding procedures.
Unlinking a Trading Team
There are two primary methods to dissolve the link between your sub-account and a trading team: automatic and manual unbinding. The automatic feature is disabled by default.
Setting Up Automatic Unbinding
This feature allows you to set a threshold for automatic disconnection based on the account's equity.
- Go to ‘Operation’ > ‘Asset Management Sub-account Settings’ and enable ‘Auto Unbind’.
- Once enabled, you can define a specific equity threshold. You also have the option to set up an alert to be notified if your equity falls below a certain value.
- If the account's equity reaches your set threshold, the sub-account will automatically unbind from the trading team.
Initiating a Manual Unbind
You can choose to disconnect from the trading team at any time.
- Find the account with the ‘Under Custody’ status and select the ‘Unbind’ option.
- Verify the action using your SMS and Google Authentication codes.
- After a successful unbind, the interface will again show the ‘Link Trading Team Account’ button.
Deleting an Unused Sub-Account
After unbinding, it is a good security practice to remove any sub-accounts you no longer plan to use.
- Navigate to ‘Operation’ > ‘Delete Sub-account’.
- Authenticate the deletion using your Google Verification code.
Enabling Withdrawals and Deposits
In certain arrangements, you may grant the trading team permission to withdraw funds to a pre-approved address or deposit funds into the sub-account. This is controlled exclusively through the master account's whitelist settings.
To Enable Withdrawals:
- From your master account, go to ‘Asset Management’ > ‘Withdraw’.
- Choose a cryptocurrency and click ‘Next’.
- Under the address field, click ‘Change’.
- Enable the ‘Address Whitelist Mode’. The 'New Address Withdrawal Lock' is an optional security feature.
- Add a new withdrawal address. Select the correct network, input the address accurately, and add a memo for easy future reference.
- Crucially, check the box that says ‘Set as a免验证address, subsequent withdrawals will not require verification’.
After completing these steps, inform your trading team that they can use their API key to withdraw to this whitelisted address. 👉 Explore more strategies for secure API management
To Enable Deposits:
- Navigate to your sub-account list.
- For the specific sub-account, go to ‘Operation’ > ‘Deposit’.
Once enabled, the trading team can deposit funds from the whitelisted wallet address into your sub-account.
Guide for Trading Teams
Trading teams are the professional managers entrusted with executing trades on the investor's behalf.
Becoming an Approved Trading Team
To qualify as a trading team on the platform, you must have an account with a VIP level of 1 or higher. If you meet this requirement, you should contact your account manager to apply for official trading team status.
How to Start Trading on a Managed Account
Once an investor has linked their sub-account to your team, you can begin trading via API.
- Log into your own trading team account and navigate to the ‘API’ section.
- Select ‘Customer Accounts’, choose the relevant sub-account, and click ‘Apply for V5 API’.
- When creating the API key, you must check the ‘Trade’ permission box. If the investor has also enabled withdrawals for you, check the ‘Withdraw’ box as well.
- Use this API key to connect your trading software or scripts to the investor's sub-account to execute trades.
Managing Investor Viewing Permissions
As a trading team, you have control over how much transaction detail the investor can see, which can be useful for protecting proprietary strategies.
- Go to ‘Sub-accounts’ and select ‘Customer Accounts’.
- Find the specific sub-account and click ‘Operation’ > ‘Asset Management Sub-account Settings’.
- Select ‘Transaction Record Settings’. Here, you can toggle the visibility of trading records on or off based on the terms of your agreement with the investor.
Frequently Asked Questions
What is an asset management sub-account?
It is a specialized account type that allows an investor to grant trading permissions to a professional team while the investor retains full custody of the funds. The trading team can execute trades but cannot freely withdraw funds unless specifically authorized.
Is my money safe in a managed sub-account?
Yes, the investor always maintains ownership. The trading team requires explicit, whitelisted permission to withdraw to any address, which is set by the investor in their master account. Furthermore, the investor can unbind the team at any time.
What happens if the trading performance is poor?
Investors can set an automatic unbind threshold based on account equity. If the value falls below this level, the sub-account will automatically disconnect from the trading team, helping to manage risk and limit further losses.
Can a trading team see my master account balance?
No, the trading team only has access to the specific asset management sub-account you have linked to them. They cannot see your master account or any of your other sub-accounts and their balances.
What are the fees associated with using these accounts?
Fees can vary. Typically, trading fees are incurred as normal. There may also be a management or performance fee structure arranged privately between the investor and the trading team, which is not handled by the platform itself.
How do I choose a reliable trading team?
It is the investor's responsibility to conduct thorough due diligence. Review the team’s historical performance, strategy, and risk management principles before linking your sub-account and transferring any funds. 👉 Get advanced methods for evaluating trading performance