added

Account Labels

Account Labels can be thought of as “sub account groups”. Within each account group, you can have many Account Labels. They are used to separate funds at a more granular level. One individual can now have 2 separated BTC available accounts, for example.

Phased Release

Our Phase 1 of the new Account Label product was released to production on 2021-03-30. At a high level, here are the features:

  • Ability to create Account Labels. See section "Creating Account Labels" here.
  • Ability to query data related to Account Labels. See section "GET requests involving Account Labels" here.
  • Ability to transfer funds between Account Labels. See section "Transferring funds between Account Labels" here.

Phase 2 features include:

  • Portal - Balances page will have the Account Label granularity.
  • Websocket - Balances feed to contain Account Label information.
  • Joint Account Creation - The ability for more than 1 individual to share an account(s). This is a separate, but related feature that is in the pipeline. More to come on this.