Roles come with specific permissions that give your teammates access to Coinbase Prime and dictate what they're allowed or restricted to do within the account and portfolio. This creates a checks and balances system for your account. It’s important to understand roles and permissions prior to adding team members, or editing the roles of existing users in your account.
When you onboard to Coinbase Prime, the account owner will add team members to your account and assign each user a role. After your contract is active, a team manager or administrator can edit, remove, and add team members as needed. Each team member can only have one assigned role per portfolio.
Review the chart below to learn more about each role and it’s associated permissions:
Role | Access and Permissions | Read | Initiate | Approve | Trade | User | Video |
|---|---|---|---|---|---|---|---|
Administrator* | Full access to Coinbase Prime and ability to perform every permission provided by the auditor, initiator, approver, authorized signatory, trader, full trader, and team management roles. | Yes | Yes | Yes | Yes | Yes | Yes* |
Auditor | Read-only access to all pages within Coinbase Prime. Can also download statements, invoices, and reports. | Yes | No | No | No | No | No |
Initiator | Read-only access to all pages within Coinbase Prime. Can download statements, invoices, and reports. Can initiate transfer policy changes, transfers, and changes to the account settings (initiations need to be approved by consensus). | Yes | Yes | No | No | No | Yes* |
Approver | Read-only access to all pages within Coinbase Prime. Can download statements, invoices, and reports. Ability to approve or reject consensus activities. | Yes | No | Yes | No | No | Yes* |
Authorized Signatory | Read-only access to all pages within Coinbase Prime. Can download statements, invoices, and reports. Can initiate transfer policy changes, transfers, and changes to the account settings (initiations need to be approved by consensus), to approve or reject consensus activities. | Yes | Yes | Yes | No | No | Yes* |
Trader** | Read-only access to all pages within Coinbase Prime. Can download statements, invoices, and reports. Ability to place orders. | Yes | No | No | Yes | No | Yes* |
Full Trader** | Read-only access to all pages within Coinbase Prime. Can download statements, invoices, and reports. Can initiate transfer policy changes, transfers, and changes to the settings (initiations need to be approved by consensus), and place orders. | Yes | Yes | No | Yes | No | Yes* |
Team Manager | Assign and change roles for each person in a portfolio. | No | No | No | No | Yes | No |
*All roles except Auditor and Team Manager can be added as a Video Approver. This permission is selected individually and not granted as part of the role.
**If you only use custodial services on Coinbase Prime, any roles with trading abilities (Trader and Full Trader) are not applicable. The Administrator role is applicable but it will be modified to not have trading abilities.
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