The sub-account feature on Interdax allows individuals/organisations to set up multiple trading accounts and provides a way to isolate the margin used for a position. Each user can generate up to 10 sub-accounts that are completely isolated from each other.
For instance, if you have a main account and a sub-account, you can transfer 1 BTC to the sub-account and any liquidations or closed positions in the main account do not affect the balance or used margin of the sub-account.
Creating a Sub-account
To create a sub-account, click on the Account panel.
Then click on “New” to create a new sub-account and give it a name.
Click “Create”.
A notification will appear and the sub-account will be available in the Account menu. You can also click on "Manage" to rename sub-accounts or delete them.
If a sub-account is not specified, a default one will be used across the web application and API.
Switching Between Sub-accounts
You can switch between sub-accounts by clicking on the account panel at the top right hand side.
Once you click on the account panel, the list of sub-accounts will appear, shown below:
Click on the sub-account you want to use to see the balance, open positions/orders, etc.
Moving Funds Between Sub-accounts
To transfer funds to a sub-account, click on the button with two arrows. To deposit funds to a sub-account, click on the button with the upward facing arrow.
If you click on the deposit button, the deposits page (shown below) will be displayed.
Depositing funds to a sub-account is not possible, there’s only 1 deposit address and that’s for your main account. Users will need to deposit BTC to their main account and then transfer it to their sub-account.
Using the transfer button, you can move funds between the main accounts and sub-accounts. Enter the amount you want to transfer, the sending and receiving accounts as well as the currency you want to transfer.
Suppose you had a balance of 10 BTC but wanted to take a margin trade of 20 bitcoin using 20:1 leverage, you can transfer 1 bitcoin to a sub-account and enter a position with a size of roughly 20 bitcoin.
Your sub-account will be isolated from your main balance of 9 bitcoin. The profits from an open position in the sub-account can be used to open new positions, make transfers or be withdrawn.