Set up your Binance sub account

After setting up your Binance main account, you can add your Binance sub account in Liminal Vaults. A sub account helps you rebalance your assets securely between the main and sub accounts.

As an owner or admin, take the following steps to configure your Binance sub account in Liminal Vaults.

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Note

• To add your Binance sub account, ensure that it is already created in the Binance platform. Additionally, save and keep your API key and secret handy before adding the sub account in Liminal Vaults.

Step 1: Enable API Restrictions.

1. Ensure the following API restrictions are enabled:
   • Enable Reading
   • Enable Withdrawals

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Note

• The Enable Spot & Margin Trading option is not yet supported by Liminal.

2. Restrict network access to allowed IP addresses. Select Restrict access to trusted IPs only (Recommended) and add the IP address 18.1.23.1334.

Step 2: Configure your Binance sub account.

Once you have completed the above steps, you can set up your Binance sub account in Liminal Vaults. Only the owner and admins of an organisation can add Binance sub accounts in Liminal Vaults. Members who are associated with the account teams as transaction initiators or signers, can view and approve transactions.

As an owner or admin, take the following steps to add your Binance sub account in Vaults.

1. Log into Vaults.
2. Go to Wallets > Exchanges.
3. Select + Add Exchange.

4. Select Binance.

5. Select Sub Account, and select Binance from the dropdown in the Select Exchange field. Then fill in the following fields:
   • Main account - Select your Binance main account from the dropdown.
   • Connection Name - Enter the name you want to give this exchange account in your organisation.
   • API Key - Enter the API key saved from Binance.
   • Secret Key - Enter the Secret key saved from Binance.
6. Select Next.

7. In the Select Initiator Team field, choose the initiator team for initiating transactions from this account.
8. Adjust the number of Minimum Initiators required to approve a transaction.
9. Select Next.
10. In the Select Approver Team field, choose the signing team for signing transactions from this account.
11. Adjust the number of Minimum Approvers required to approve a transaction.
12. Select Next.
13. Review your changes and select Add Connection to complete your account set up.

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Note

• Currently, Liminal does not support transfers between Binance main accounts and sub accounts. This implementation is in the process to be released soon.