Introduction to CoinEx Sub-account

What is a Sub-Account?

1. Basic definition

A sub-account is an account created and managed by the main account, often used in combination with APIs to achieve efficient automated trading. It meets the following needs:

(1) Multi-strategy management: Assign separate accounts for different trading strategies.

(2) Team collaboration: Allow team members to operate using sub-accounts, avoiding the need to share the main account.

(3) Risk control: Isolate funds for different business operations to manage risk.

 

2. Key features

(1) Creation limit: Each main account can create up to 20 sub-accounts.

(2) Permission control: The main account has full management rights over sub-accounts.

(3) Fund rules: Sub-accounts cannot deposit or withdraw funds; funds can only be transferred via the main account.

(4) Account status: Created sub-accounts can only be disabled, but not deleted.

 

Features Supported by Sub-Accounts

Feature Description
Quick Access

1. After logging into the main account, sub-accounts can be accessed directly without requiring account credentials.

2. By clicking the sub-account name in the navigation bar or sub-account management page, users can quickly access and switch between the main account and sub-accounts or different sub-accounts.

Trading Permission Management

1. The main account can set or modify trading permissions for sub-accounts, such as contracts, leverage, AMM, and API management.

2. Spot and financial permissions are enabled by default and cannot be changed.

Fund Management

1. Transfer relationship between main and sub-accounts:
Fund transfers for sub-accounts can only be initiated by the main account. Sub-accounts cannot initiate transfers to the main account, meaning that fund management permissions fully belong to the main account.

2. Fund transfers between sub-accounts:
Fund transfers between the spot accounts of two sub-accounts can only be performed by the main account. For example, main account A can transfer funds from the spot account of sub-account B to the spot account of sub-account C through the sub-account management page.

3. Inter-user transfers within sub-accounts:
Sub-accounts only support internal fund transfers from their spot accounts to leveraged, contract, financial, or market-making accounts.

4. Fund transfers for custodied sub-Accounts:
A custodian main account cannot transfer funds for a custodied sub-account. Only the original main account can perform such transfers. Custodied sub-accounts can only perform internal fund transfers.

5. Sub-accounts do not support deposit or withdrawal functions.

API Management

1. Each sub-account can create up to 50 API key pairs.

2. Each API key can bind up to 50 IP addresses.

3. Sub-accounts inherit two-factor authentication from the main account and do not require separate binding.

Authorization

1. Authorization:

Authorization refers to binding a sub-account to another main account to establish a authorized relationship. Once established, the authorized main account can quickly access the authorized sub-account and perform operations and trading, excluding fund management.

2. Authorization relationship model:

Authorization relationships follow a one-to-many model, meaning a sub-account can be simultaneously authorized by up to 5 main accounts.

3. Independence of trading permissions:

Trading permissions of sub-accounts are only applicable to the sub-account itself and are unrelated to the authorized relationship. Any changes to the permissions will be synchronized across all authorized relationships.

4. Trading fees:

The trading fees for sub-accounts are consistent with the original main account and are unrelated to the authorized main account.

5. Main account permissions:

The original main account retains full control over the authorized sub-account, including fund transfers, API creation, establishing new custody relationships, and terminating existing ones.

Delegation

1. Delegation:

Delegate full trading permissions of your sub-account to a market maker for management, including spot trading, margin trading, futures trading, API management, and other permissions. 

2. Delegation relationship model:

Custody relationships follow a one-to-one model, meaning a sub-account can only be delegated by one market maker account.

3. Trading fees:

When your sub-account is under custody, the trading volume of the sub-account will be credited to the custodian's account for market making. The trading fee rates applied to the custodian will be adopted for the related transactions.

4. Main account permissions:

When your sub-account is under custody, you cannot change the permissions. Permissions can be reclaimed by revoking custody.

 

How to Use and Manage Sub-Accounts?

Sub-accounts include the following features:

1. Creating sub-accounts.

2. Accessing sub-accounts.

3. Transferring funds between sub-accounts.

4. Modifying sub-account permissions.

5. Authorizing/Delegating for sub-accounts.

6. Disabling sub-accounts.

7. Renaming sub-accounts.

🔗 For operational steps, please refer to "How to Use and Manage Sub-Accounts".

Disclaimer: The content provided on this website is for informational purposes only and does not constitute investment advice. The information provided is not intended to be a substitute for professional financial advice, consultation, or recommendations. Users are encouraged to consult with a qualified financial advisor before making any investment decisions. The website owners and authors do not assume any liability for any loss or damage that may result from reliance on the information provided. All investments carry risk, and past performance is not indicative of future results.