How to set up subaccounts and assign permissions on HTX?

Setting up subaccounts and assigning permissions on HTX (formerly known as Huobi) can be a powerful tool for managing your cryptocurrency trading activities. Whether you're a trader looking to segregate your trading strategies or a business managing multiple portfolios, HTX's subaccount feature offers flexibility and control. In this guide, we'll walk you through the process of setting up subaccounts and assigning permissions step-by-step.

Accessing the Subaccount Management Page

To begin setting up subaccounts on HTX, you first need to access the subaccount management page. Here's how you can do it:

• Log in to your HTX account.
• Navigate to the 'Account' section on the top right corner of the page.
• From the dropdown menu, select 'Subaccount Management'.

Once you're on the Subaccount Management page, you'll see an overview of your existing subaccounts, if any, and options to create new ones.

Creating a New Subaccount

Creating a new subaccount is straightforward. Follow these steps:

• On the Subaccount Management page, click on the 'Create Subaccount' button.
• You will be prompted to enter a subaccount name. Choose a name that helps you easily identify the purpose of the subaccount.
• Optionally, you can set a password for the subaccount. This adds an extra layer of security.
• Click 'Confirm' to create the subaccount.

After creating the subaccount, you'll see it listed on the Subaccount Management page. You can now proceed to assign permissions to this subaccount.

Assigning Permissions to a Subaccount

Assigning permissions allows you to control what actions the subaccount can perform. Here's how to do it:

• On the Subaccount Management page, find the subaccount you want to assign permissions to and click on the 'Permissions' button next to it.
• You'll be taken to a page where you can toggle various permissions on or off. These permissions include:
  • Trading: Allows the subaccount to place trades.
  • Withdrawal: Allows the subaccount to withdraw funds.
  • API Access: Allows the subaccount to use API keys for automated trading.
  • Subaccount Management: Allows the subaccount to create and manage other subaccounts.
• Toggle the permissions as needed and click 'Save' to apply the changes.

Transferring Funds to a Subaccount

To start trading or managing assets with your subaccount, you'll need to transfer funds to it. Here's how:

• Go to the 'Subaccount Management' page.
• Find the subaccount you want to transfer funds to and click on the 'Transfer' button next to it.
• Select the currency you want to transfer and enter the amount.
• Choose whether you want to transfer from your main account or another subaccount.
• Click 'Confirm' to complete the transfer.

Managing API Keys for Subaccounts

If you plan to use automated trading or other API-based services with your subaccounts, you'll need to manage API keys. Here's how to do it:

• On the Subaccount Management page, find the subaccount you want to manage API keys for and click on the 'API Management' button next to it.
• Click on 'Create API Key'.
• You'll be prompted to enter a label for the API key and set permissions for it. These permissions can include:
  • Read: Allows the API key to access account information.
  • Trade: Allows the API key to place trades.
  • Withdraw: Allows the API key to withdraw funds.
• After setting the permissions, click 'Confirm' to generate the API key.
• You'll receive an API Key and a Secret Key. Keep these secure as they grant access to your subaccount.

Monitoring and Managing Subaccounts

Once your subaccounts are set up and permissions are assigned, you'll want to monitor and manage them effectively. Here's how:

• Regularly check the 'Subaccount Management' page to see an overview of all your subaccounts.
• Click on the 'Details' button next to a subaccount to view its trading history, current positions, and other relevant information.
• Use the 'Transfer' button to move funds between subaccounts or back to your main account as needed.
• If you need to adjust permissions, click on the 'Permissions' button and make the necessary changes.

Frequently Asked Questions

Q: Can I set up multiple subaccounts on HTX?

A: Yes, you can set up multiple subaccounts on HTX. There is no limit to the number of subaccounts you can create, allowing you to manage different trading strategies or portfolios effectively.

Q: Is it possible to change the permissions of a subaccount after it's been created?

A: Yes, you can change the permissions of a subaccount at any time. Simply go to the Subaccount Management page, find the subaccount, and click on the 'Permissions' button to adjust the settings.

Q: Can I transfer funds between subaccounts?

A: Yes, you can transfer funds between subaccounts. On the Subaccount Management page, use the 'Transfer' button next to the subaccount to move funds to another subaccount or back to your main account.

Q: What should I do if I lose the password to a subaccount?

A: If you lose the password to a subaccount, you can reset it from the Subaccount Management page. Click on the 'Reset Password' button next to the subaccount and follow the prompts to set a new password.