Note
Automation is a premium feature that requires an additional purchase. If you don’t have access to this feature, contact your Customer Success Manager to discuss enabling in your Fireblocks workspace. Learn more about Automation.
Overview
This guide explains how to create an Automation rule in Fireblocks that collects and transfers a percentage of specific transactions. Multiple triggers and conditions are available for this action. The example below shows how to set up a rule that collects 3% of all incoming transactions above $10 to a specific vault account.
Creating an Automation rule for collecting a service fee from incoming transactions
The following parameters are suggestions for this rule. Adjust them to suit your needs.
- In the Fireblocks Console, go to the Automation page and select Create automation.
- Enter a name for the rule in the top-left corner.
- Select Transaction as the trigger.
- Select a Source, Destination, and asset. You may optionally select a blockchain. The example below triggers the automation for every incoming transaction to the selected vault account
- Select Save changes to edit the condition.
- Select Transaction amount for the condition.
- Select the comparison and enter a net value. In the example below, the automation will run for any transaction that is $10 or greater.
- Select Save changes to edit the action.
- Select Transfer for the action.
- Select the source account, the destination account, and the asset.
- Select Partial amount and enter a percentage of each transaction to keep in the account selected in the trigger. In the example below, the rule will transfer 3% of all transactions to the previously selected vault account to a separate vault account.
- Select Save, then enable it like any other automation rule.