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What is an Account?

General

Not to be confused with the concept of a Participant, an Account is a unique combination of the following fields:

Each account will also have an associated balance, denoted by the amount field.

Each account will also have an associated unique account_id

Technical

Example Payload

{
"message": [
{
"asset": "USD",
"account_owner": "ABC123",
"account_type": "available",
"account_group": "DEF456",
"account_label": "general",
"balance": "50000.00",
"account_id": "ce819fe8-b1d7-43bb-961c-e09ede0988d3",
"last_update": 1554395972174
}

Account Creation

Initially, Participants do not have any accounts. Accounts are created when actual asset movements take place. In other words, they are created when you use them. For example, if you deposit BTC, a BTC available account will be created. If you are a counterparty to a trade, an account will be created for the asset that you receive.