Manage Withdrawals at Scale

Withdrawal Flow

Withdrawals are one of the most critical and active functions in any retail-facing crypto business. Users depend on the withdrawal process to move funds quickly and securely. Designing an efficient, secure withdrawal flow is essential to delivering a reliable platform.

Automate the withdrawal flow

Setup

Automation is essential for ensuring a smooth, uninterrupted 24/7 withdrawal service. Relying on manual transaction signing is not scalable and introduces significant security risks. To address these challenges, implement a Fireblocks Co-Signer component. This approach guarantees continuous operation and enhances the overall security of your withdrawal process.

Highly available setup

One best practice for automation is setting up a highly available system by implementing the Co-signer in active/active mode. In this configuration, systems can take over from one another without downtime, ensuring that failover capability is always in place. For more information, see Fireblocks Co-signer High Availability setup.

Co-Signer logging and monitoring

Comprehensive monitoring and alerting are vital for maintaining a secure and reliable automated signing process. Setting up these systems lets you track transaction status in real time and detect anomalies that may indicate potential issues. Configure alerts to notify relevant personnel immediately when transactions are stuck or suspicious activity is detected, enabling prompt intervention.

For more information, see API Co-signer Maintenance.