Function Specifics
Withdrawal or payment
Usage Scenario
For corporate transfers or withdrawals, it is required to operate from the Cregis enterprise wallet. The enterprise wallet strictly manages funds to ensure a reliable and secure fund utilization process. Specific measures include:
- Strict approval process for disbursement.
- Multi-party signature withdrawal based on MPC (Multi-Party Computation) technology guarantee.
Usage Process
As mentioned above, corporate withdrawals revolve around the enterprise wallet and follow a strict process. The specific process is as follows:
- Determine Currency Support
- If not supported, an account cannot be generated.
- Verify Target Address Validity
- Confirm whether the target address is a valid address on the target blockchain.
- Initiate Withdrawal/Payment
- Submit the withdrawal request to the enterprise wallet.
- Withdrawal Query/Monitoring
- After the user initiates a withdrawal, the notification callback address will receive a withdrawal status notification.
- User can also query the withdrawl/payment progress actively.