Smart Consolidation
Last updated
Last updated
To aggregate and consolidate funds for EVM coins, you will be required to deploy a smart contract respective to each supported network. This contract will safely transfer funds from deposit addresses to your cold wallet.
Refer this quick video guide to get started with Fund Sweep on PayRam:
Provide the collector/destination address when deploying the contract
Sign a transaction to authorise the sweep contract to transfer your funds. Mnemonic will be used to sign one time approval transaction. The transaction will be signed locally in a secure environment and mnemonic will not be stored anywhere. Feel free to connect with our team to understand security protocols at Payram.
Sign a transaction to initiate the fund transfer to your cold wallet. This can be set as a periodic automated transaction.
