Approvals
Use Approvals to increase security and prevent mistakes on sensitive actions.
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Approvals adds an extra layer of security to your most sensitive actions in the Paxos Dashboard. With Approvals enabled, certain actions require review and approval from another team member before they can be completed, helping prevent unauthorized or incorrect transactions.
Current Approval Actions
Approvals is currently available for:
- Adding crypto destination addresses
- Adding fiat accounts
Why Approvals Matter
Approvals helps your organization:
- Enhance security by requiring multiple people to review sensitive changes
- Reduce errors by adding verification steps to critical actions
- Meet compliance requirements through documented review processes
- Maintain better control over where assets can be sent
How Approvals Work
Let's walk through an example of adding a new crypto destination address with Approvals enabled:
➊ Enable Approvals
Required Permissions
You need a role with the
Entity Manager: enable or disable approvals
permission to perform this action.- An Entity Manager must first enable the Approvals feature for desired actions
- Go to Admin > Approval Controls
- Select "Add Address" to enable approval requirements for new crypto addresses

➋ Submit for Approval
Required Permissions
You need a role with the
Treasurer: add or delete crypto addresses
permission to perform this action.- A Treasurer submits a new crypto address following the standard add address process
- Instead of being added immediately, the address is marked as "Pending Approval"

➌ Track Pending Approvals
Pending approval notifications appear on both:
- The Addresses page
- The main Dashboard page

➍ Review and Approve
Required Permissions
You need a role with the
Approver: approve or reject a crypto address pending approval
permission to perform this action.- Any user with an Approver role can review pending submissions
- Approvers can choose to:
- Approve the address - making it available for future transactions
- Reject the address - preventing it from being added

Important Notes
- Users cannot approve their own submissions
- Submitters can cancel their pending submissions before approval
- Once approved, addresses can be used like any other saved address