In today’s digital finance landscape, managing multiple portfolios efficiently is crucial for both individual and institutional users. Sub-accounts, often linked to a primary master account, offer a structured way to organize, trade, and monitor assets without compromising security or control. This guide delves into the core aspects of sub-account functionality, explaining how they work, their benefits, and practical steps for utilization.
What Is a Sub-Account?
A sub-account is a secondary account created under a master (or parent) account. It allows users to segregate funds, execute trades, and manage operations independently while still being governed by the master account’s security and fee structures. Sub-accounts are particularly useful for traders, families, or businesses that require multiple operational handles under one umbrella.
The number of sub-accounts you can create depends on your master account’s fee level. Here’s a breakdown:
| Master Account Level (Fee Tier) | Maximum Sub-Accounts Allowed |
|---|---|
| LV 0 | 5 |
| LV 1 | 5 |
| LV 2 | 5 |
| LV 3 | 5 |
| LV 4 | 10 |
| LV 5 | 15 |
| LV 6 | 20 |
| LV 7 | 25 |
| LV 8 | 30 |
| LV 9 | 35 |
| LV 10 | 40 |
| LV 11 | 45 |
| LV 12 | 50 |
Higher account levels enable more sub-accounts, providing greater flexibility for large-volume traders or institutional users.
How to Create a Sub-Account
Creating a sub-account is straightforward. Follow these steps:
- Log into your master account.
- Click on your profile icon and select the "Sub-Account" option from the menu.
- On the sub-account management page, click "Create Sub-Account."
- Set a unique login name and password for the sub-account. You may also add an optional remark for identification.
- Complete the process by confirming the details.
Note: The login name must be unique across the platform and cannot be changed once created. Remarks are optional and solely for your reference.
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Key Functions of Sub-Accounts
Sub-accounts come with several powerful features designed to enhance your trading experience.
1. Web-Based Login
After creation, you can log into sub-accounts using the assigned login name, registered mobile number, or email address. Note that mobile app access for sub-accounts may not be available on all platforms.
2. Internal Fund Transfers
Sub-accounts allow internal transfers between different account types like funding, spot trading, cross-margin, futures, and isolated margin accounts. However, transferring assets from a sub-account to the master account must be done via the master account interface on the web platform.
3. Independent Mobile and Email Binding
Each sub-account can bind its own mobile number and email address, which can be different from those linked to the master account. This adds a layer of customization and security.
4. Custom Security Settings
Sub-account holders can configure their security settings, including:
- Setting or modifying trading passwords
- Binding or updating Google Authenticator
- Changing login passwords
This ensures that each sub-account maintains its security protocols while adhering to the master account’s overarching policies.
5. API Creation and Management
Sub-accounts can create APIs for spot/leverage trading and futures trading. Each sub-account can host up to 10 APIs. To create one:
- Log into the master account and navigate to the sub-account list.
- Click "View" next to the desired sub-account and access the API section.
- Click "Create API," set a remark name and API password, and complete security verification.
Remember: The API password is used for authentication during API calls, so store it securely. You can also modify or delete APIs directly from the sub-account.
6. Support for Multiple Trading Types
Sub-accounts fully support spot, leverage, and futures trading. Users can execute trades and manage funds independently across different sub-accounts. Notably, for futures trading, sub-accounts allow dual-position opening—enabling separate long and short positions across sub-accounts or between sub- and master accounts without interference.
7. No Withdrawal Permissions
Sub-accounts cannot withdraw funds directly. All withdrawals must be initiated through the master account, which can also reclaim funds from sub-accounts.
8. Exclusion from Platform Activities
Sub-accounts are generally ineligible for platform-based activities like Pool-X, Spotlight, airdrops, and other promotional events. These are typically reserved for master accounts.
Relationship Between Master and Sub-Accounts
Understanding the dynamic between master and sub-accounts is key to effective management.
1. Inherited KYC and Fee Tiers
Sub-accounts inherit the master account’s KYC verification status and trading fee等级. This means sub-accounts don’t require separate KYC processes, streamlining setup and use.
2. Fee Accumulation and Reporting
Trading fees and volumes from sub-accounts are accumulated under the master account. This can help in achieving higher volume-based fee discounts or other tier benefits.
3. Security Control by Master Account
The master account retains ultimate control over sub-account security. It can freeze/unfreeze sub-accounts, reset login passwords, trading passwords, and Google Authenticator settings.
4. Absolute Administrative Control
The master account governs the creation, deletion, and fund transfer capabilities of sub-accounts. This ensures centralized management while delegating operational flexibility.
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Frequently Asked Questions
Q1: Can I change the login name of a sub-account after creation?
A: No, the login name is permanent once set. Choose a name that is easily identifiable and unique during the creation process.
Q2: Are sub-accounts available on mobile apps?
A: Currently, sub-account functionality may be limited to web platforms on some exchanges. Check your platform’s specific guidelines for mobile access.
Q3: How do I transfer funds between sub-accounts and the master account?
A: Transfers from sub-accounts to the master account must be initiated from the master account interface. Internal transfers within sub-accounts can be done directly.
Q4: Do sub-accounts have separate trading fee rates?
A: No, sub-accounts inherit the fee tier of the master account. All trading fees and volumes are consolidated under the master account.
Q5: Can sub-accounts participate in initial offerings or promotions?
A: Typically, sub-accounts are excluded from platform events like airdrops, token sales, or promotions. These are usually accessible only to master accounts.
Q6: What happens if my master account is frozen?
A: If the master account is frozen, all associated sub-accounts will also be affected. The master account’s status governs overall accessibility.
Conclusion
Sub-accounts provide a robust framework for managing multiple trading portfolios under a single master account. They offer flexibility in trading, enhanced security options, and streamlined operations through inherited KYC and fee structures. While they come with limitations like no direct withdrawals and exclusion from promotions, their benefits in organization and control make them invaluable for serious traders and institutions.
By understanding how to create, use, and manage sub-accounts, you can optimize your trading strategy and maintain better oversight over your assets. Always refer to your platform’s latest guidelines for specific features and updates.