To securely store funds in an BitGo wallet, users can apply multiple wallet policies based on their usage and requirements. We highly recommend applying the following policies to wallets with >$1K.
The BitGo web wallet lets users add following policies to their wallets:
Daily Limits - Users can manage your daily spending limit for a given wallet with this feature.
Transaction Limits - Users can manage your per-transaction spending limit for a given wallet with this feature.
Whitelist - Users can manage a list of approved recipient bitcoin addresses with this feature.
Multiple Approvers - Users can add multiple users to your wallet and assign various roles to them. We recommend having at least two admins on a wallet with >$1K in funds. Instructions on adding multiple approvers are available here: How to assign multiple users to your wallet?