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Hot balance vs user balance

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Hot balance vs user balance

dashed-slug.net Forums General discussion Hot balance vs user balance

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  • #10761
    themago
    Member

    I don’t understand the purpose of showing your coinpayments balance/etc and also have to have an admin account with a seperate balance

    I figured it would automatically be your coinpayments balance, otherwise, what is the point of having a HOT WALLET BALANCE, ADMIN BALANCE and all of this, shouldn’t it just be ONE single balance…

    #10772
    alexg
    Keymaster

    Hello,

    To understand the difference between the hot balance (such as CoinPayments balance), the user balances (including the admin balance) and other types of balances, please see the Glossary section of the documentation where all of these terms are explained.

    It’s also worth checking the Cold storage section, because this is what you should be using to control the hot balance.

    with regards

    P.S. I have moved your question to a new thread since it is not related to your previous question about the faucet.

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