Account Setup & Funding Models
zerohash supports two core liquidity models. Each model defines the method in which USD will be ledgered for your platform.
Account Setup
Float Account Model
- Platforms manage customers USD balance on their ledger.
- Customers
buytrades are pre-funded from a float account that is ledgered to the platform. - Customers
selltrades are credited to a float account that is ledgered to the platform. - Platforms are expected to perform daily settlement via our payments rails, which replenishes the platform credit account.
- An error is returned on on buy trades when the platform float has an insufficient balance.
Customer Pre-funded Model
- Customers USD balances are tracked on the zerohash ledger.
- Customers
buytrades are funded from the account that is ledgered to the customer. - Customers
selltrades are credited to the account that is ledgered to the customer.
| Model | Counterparty | Credit Check |
|---|---|---|
| Float Account Model | ZHLS | Platform's Float Account - 00SCXM/[PlatformCode]/general |
| Customer Pre-funded Model | ZHLS | End Customer Account - [ParticipantCode]/[PlatformCode]/general |
Updated 2 months ago
