Accounts
Accounts
Once an end-user (identity
) has been fully verified, a custodial account can be opened with POST /custodial-accounts.
- Deposits and Withdrawals for fiat/digital assets
- Allow trading of fiat/digital assets between accounts
- Holds a readable balance for different states of fiat/digital assets
- Contains transaction history for the particular account
Note: An identity can have multiple accounts opened allowing your customer to have segregated funds.
Payment Methods
Remember, saved payment methods are related to a particular identity, allowing an end-user to use saved payment methods across any of their accounts!
Account Types
There are several account types that Fortress facilitates depending on the end user or the functionality that you need:
- Personal Custodial Accounts
- Business Custodial Accounts
- Traditional IRA Accounts
- Roth IRA Accounts
- SEP IRA Accounts
- Simple IRA Accounts
Personal Custodial Accounts:
When your integration involves end users having the ability to hold fiat or digital assets, a custodial account can be created for them after they've reached the L1
KYC Level.
Business Custodial Accounts:
Custodial accounts can be create for an entity at the L2
KYC Level.
Corporate Accounts
Accounts opened under your business should use the label corperate
this will separate your accounts from all your user accounts, also fulfilling banking requirements.
Updated 3 days ago