You are using MultiversX
mainnet
Switch to Devnet?

Freeze/Unfreeze fungible ESDT balance in a specific account

The manager of an ESDT token may freeze the tokens held by a specific Account. As a consequence, no tokens may be transferred to or from the frozen Account. Freezing and unfreezing the tokens of an Account are operations designed to help token managers to comply with regulations. These two operations require that the property canFreeze is set to true.

Please choose the type of the operation. Freeze or Unfreeze.

Freeze token balance

Unfreeze token balance

Please provide your token id

Please provide the address for which the the token balance will be frozen

The manager of an eStandard Digital Token (ESDT) can control transactions by freezing the tokens held in a specific account, ensuring compliance with financial regulations and anti-money laundering (AML) standards. This operation prevents any tokens from being transferred to or from the affected account, maintaining transaction integrity and stability. For a token manager to invoke these controls, the canFreeze property must be enabled, setting the foundation for regulatory adherence and operational transparency.

Freezing and unfreezing tokens are essential tools that allow ESDT managers to swiftly manage compliance issues and respond to changing market conditions. These capabilities not only help in stabilizing the token's value during volatile periods but also safeguard against fraudulent activities. It is crucial for both token managers and holders to understand the processes and conditions under which these operations can occur, fostering a secure and well-regulated digital asset environment.

Buildo (v0.14.2) Disclaimer and Privacy Policy