Overview
Overview
Interacting with digital assets and USD at Anchorage Digital is a seamless experience designed to enable simple move money flows while providing a variety of options to meet the specific needs of your use case.
Transfers and withdrawals
Transfers
Transfers are used to move money without requiring quorum approval for each movement. This makes them ideal for recurring or high-frequency operations. To enable a transfer, you must complete some initial configurations, such as allowlisting a trusted destination and linking the appropriate API permissions. Transfers can be made to both internal and external addresses.
Withdrawals
Withdrawals are an option for moving money that always require quorum approval. This allows you to maintain granular control over transactions by applying specific quorum policies for each individual operation.
Move money support
| Internal transfer API | External transfer API | Withdrawal API | |
|---|---|---|---|
| Digital assets | Supported | Supported | Supported |
| USD | Supported | Supported | Supported |
Quorum
Anchorage Digital quorum operation endorsements are required for some, but not all move money operations. These depend on the APIs you're using and if the destination is internal or external.
Quorum required
| Internal transfer API | External transfer API | Withdrawal API | Add trusted destination | |
|---|---|---|---|---|
| Digital assets | No | No | Yes | Yes |
| USD | No | No | Yes | Yes |
Trusted destinations
Trusted destinations or allowlisted addresses at Anchorage Digital enable you to pre-approve an external address for you to leverage across our iOS and web client dashboards as well as APIs. For some operations, these are required.
USD external transfers or withdrawals will require you to create a trusted destination for your USD destination. This can only be done via web dashboard today.
Trusted destinations required
| Internal transfer API | External transfer API | Withdrawal API | |
|---|---|---|---|
| Digital assets | No | Yes | No* |
| USD | No | Yes | Yes* |
Withdrawals to trusted destinations onlyIf you would like to leverage our Withdrawal API, but would like to restrict the addresses to only be Trusted Destinations, please reach out to your point of contact and we can enable this for you.
Updated 2 months ago