3rd Parties & Compliance

Managing Limits

  • Synapse does not manage limits

  • Platforms must provide evidence of a robust platform to enforce limits

Implementing Limits

  1. User provides the transaction details

  2. Platform checks that transaction does not exceed the daily limit

  3. Get Daily, monthly, and annual transaction history

  4. Verify that the transaction does not push the user past any of the established limits

    1. If allowed, create transaction to platform clearing node

    2. If rejected, notify user of the cancelled transaction


  • Limit calculations must include pending and completed transactions

  • Returned transactions should not

  • Users must be able to see why their transaction is not allowed to be processed

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