> For the complete documentation index, see [llms.txt](https://docs.marginly.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.marginly.com/app/how-to/approve-spending.md).
# Approve Spending
### **About**
Before doing any transaction with a new asset, spending limits must be set and approved.
### **Step-by-step guide**
1. Click “Continue” to approve spending when prompted
2. The box (3) should be filled automaticlly. If this does not happen, set spending cap by clicking either “Use site suggestion” (1), “Max” (2) or input spending cap manually (3) and click Next (4)
3. Click on Approve
4. Receive confirmation