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Inviting Participants to a Transaction

Updated over a month ago

Inviting Participants to a Transaction

This guide explains how participants are organized and invited to BaseFund transactions.

Understanding Participant Organization

  • Participants are grouped by their role in the flow of funds

  • This organization provides clarity on each participant's function in the transaction

  • The grouping follows the natural progression of funds from sender to receiver

Automatic Invitations

  • Participants who already have a BaseFund account are automatically invited when they're added to a transaction

  • The system recognizes existing users and sends them a notification to join the transaction

  • This streamlines the process for participants already familiar with the BaseFund platform

Inviting New Participants

  • For contacts who don't yet have a BaseFund account, you'll need to send them an invitation

  • Locate the new participant's name in the transaction view

  • Click the paper airplane icon to the right of their name to send an invitation

  • The invitation includes instructions for creating a BaseFund account and accessing the transaction

Best Practices

  • Add all known participants at the beginning of the transaction setup process

  • Confirm that contact information is accurate before sending invitations

  • Consider reaching out to new participants separately to let them know they'll be receiving an invitation

  • Monitor invitation status to ensure all participants have joined the transaction

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