A Ready X multisig requires approval from multiple owners before a transaction can be completed.
The number of required approvals is set when the multisig account is created.
When a transaction is created, Ready X shows how many approvals are required before it can be submitted onchain.
How do I approve a multisig transaction?
If you're a co-signer, Ready X will notify you when a transaction requires your approval.
- Open the multisig account.
- Go to Activity.
- Select the Pending transaction.
- Review the transaction details.
- Approve the transaction.
Once the required number of owners has approved the transaction, it is submitted onchain.
Important
Multisig transactions may take longer to complete because they require participation from several owners.
For actions such as swaps or staking, market conditions may change while the transaction is waiting for approvals.
The last co-signer to approve the transaction will see the most recent information, including:
- Exchange rates.
- Network fees.
- Price impact.
- Slippage.
Changes in market conditions may affect whether the transaction succeeds or the final amount received, particularly for volatile or low-liquidity tokens.