Read this article to learn what the Connection Lock/Unlock feature is and how to use it in your account.
ℹ️ Asset price tracking of locked connections
Locking a connection does not stop the fiat value of its assets from reflecting market price changes over time.
When a connection is locked, price tracking remains active, so the fiat value of the assets will continue to reflect their current market prices. However, the connection itself will not receive any new transaction or balance updates.
In other words, locking a connection freezes its data, but it does not freeze the price of the assets held in that connection.
What is the Connection lock/unlock
Finbooks allows users to lock a connection to exclude it from future updates and preserve its data exactly as it is at the time of locking.
This feature is particularly useful for wallets, exchanges, or brokers that have not been used for a long time and whose historical data you want to keep without triggering unnecessary updates. Locking a connection can help avoid potential errors and reduce update times by preventing Finbooks from processing data that is no longer relevant.
The connection can be unlocked at any time and restored to its normal update process whenever it is used again and its data needs to be updated and synchronized.
How to lock a connection
Follow these quick steps to lock a connection:
click on Connections from the main navigation menu
locate the connection you want to lock, then click on the 3 dots icon on the right
now click on Lock connection
confirm your choice by clicking on the Lock connection button in the displayed modal
done! your connection has been locked and excluded from future updates and will show a padlock icon next to its name
How to unlock a connection
Follow these quick steps to unlock a connection:
click on Connections from the main navigation menu
locate the connection you want to unlock, then click on the 3 dots icon on the right
now click on Unock connection
confirm your choice by clicking on the Unlock connection button in the displayed modal
note: you can skip the previous steps and jump directly to step 4 by clicking on the padlock icon (see last image of locking procedure) of a locked connection