Transactions

Move assets in and out of your vault.

This section is for Operators only.

Overview

Transactions are a core component of Ledger Vault and Ledger Tradelink. In Ledger Vault, a transaction refers to the movement of digital assets into or out of an account within your workspace. This includes sending and receiving cryptocurrencies.

This section of the Help Center will guide you through creating, managing, and understanding transactions within Ledger Enterprise.

• Creating a Transaction Request: Learn how to initiate the transfer of digital assets from your Ledger Vault account.

• Transaction Fees & Speed: Understand the factors that influence transaction fees and processing times, including network congestion and priority settings.

• Transaction on Bitcoin chain:

• Broadcasting Transactions: Details on how transactions are submitted to the blockchain network for processing.

• Viewing Transaction Details: Guidance on finding and interpreting transaction information, such as status, confirmations, and history.

• Failing Transaction Requests: Troubleshooting information for when transactions are not processed successfully.

Concurrent transaction approval

It's possible to create multiple transaction requests in an account. Transactions are broadcasted only when all approvals have been collected from the necessary Operators. They can be approved in any order.

To allow this, two different balances will be displayed in the account:

• the total balance : the account's total balance at a given time.

• the available balance : the account's balance minus the total amount of pending transaction requests and the expected max fees. Put simply, this is the amount you can spend in your next transactions.

The available balance is calculated differently depending on the crypto asset.

Crypto asset	Available balance
Bitcoin and Bitcoin-like	Account total balance - (total pending transaction amounts + pending max fees in the account)
Ethereum accounts that don't have children ERC20 accounts	Account total balance - (total pending transaction amounts + pending max fees in the account)
Ethereum accounts that have children ERC20 accounts	Account total balance - (total pending transaction amounts + pending max fees in the account + pending max fees in all children ERC20 accounts)
ERC20	Account total balance - the account's total pending transactions
Polkadot	Account total balance - (the account's total pending transaction + pending max fees in the account) - 1 DOT

Limitations

Ethereum (ETH) accounts and their children ERC20 token accounts

• The parent Ethereum account must be credited to allow paying the gas fees of ERC20 transactions.

XRP accounts

• You're required to hold a minimum balance of XRP 10 at all time. You'll be prevented from creating a transaction if your account's total balance falls below that amount.

• Transactions below XRP 10 sent to inactive XRP accounts aren't permitted by the network and will fail.

XLM accounts

• You're required to hold a minimum balance of XLM 1 at all time. You'll be prevented from creating a transaction if your account's total balance falls below that amount.

Polkadot accounts

• You’re required to hold a minimum of 1 DOT at all time for the blockchain to reference your account. You’ll be prevented from creating a transaction if your account’s total balance falls below that amount.

• Transactions below 1 DOT which are sent to inactive Polkadot accounts aren’t permitted by the network and will fail.