How to start with AmbiVault
updated almost 2 years ago
To start with AmbiVault product, complete the following steps:
- Сreate your AmbiVault account at ambisafe.com.
- Enter your payment information. At this stage, you will not be billed.
- Add users to your organization.
Go to “Users” page from the menu on the left. People you have invited will receive emails with further instructions. Those people who accepted your invitation become active users and appear on the list of your Team page. They can view your AmbiVault organization and see the details of all the transactions that take place.
- Configure your multi-sig structure. Set up co-signers and required number of signatures.
5.1. Out of these users, you may select those who you want to be co-signers – people who have a right to confirm transactions. Promotion to co-signers is a transaction, which is required to be signed. So to promote user to a co-signer role, you’ll need to sign this transaction entering your password.
5.2. After that you can manage the number of signatures required for the confirmation of any transaction. Go to your “Dashboard”. On the right, you will see possible co-signers and the current number of signatures needed. Here, you can set up your multiple signatory requirements.
There is NO password recovery for AmbiVault. We will NOT be able to recover your account if you forget your password. Why is that important?
Example. You have 3 co-signers. You have set that you need 2 signatures out of 3 to complete any transaction. At this point, you may find out that 2 out of 3 signers have lost their passwords.
Result. Control over your token is lost forever. We won't be able to help.
Please, note this while setting up your multi-sig.
- Save your multi-sig wallet address.
On the Dashboard you will see “Storage address”. It’s your multi-sig smart contract address. Now, you have everything arranged and tested, and you are ready to use your multi-sig vault!
If you have any difficulties with set up process – don’t hesitate to contact our team by clicking the chat button in the lower right corner.