Auto Sweep/Collection Rule

A feature in OpenXSwitch that automates the consolidation of funds from sub-wallets into a designated primary wallet or another sub-wallet based on predefined rules. This helps centralize funds for improved liquidity management and operational efficiency.

Steps to Set Up an Auto Sweep/Collection Rule

Define Source Sub-Wallets: Select the sub-wallets from which funds will be collected.
Set the Destination Wallet: Specify the primary wallet or sub-wallet where the collected funds should be deposited.
Establish Trigger Conditions: Define conditions for the auto sweep, such as time intervals (daily, weekly), minimum balance thresholds, or transaction completion.
Determine Asset Types: Choose the cryptocurrencies or digital assets to be included in the collection process.
Enable Notifications: Configure alerts for successful sweeps or any errors encountered during the process.
Save and Activate: Review the rule settings, save the configuration, and activate the auto-sweep rule.