# Token Locks

Token locks involve a user sending tokens to a smart contract. While inside the contract, tokens cannot be traded or withdrawn. Tokens are released once the time period the token sender established is complete. This time-release is customizable, with the sender being able to choose the exact day and time they want the tokens to become available.\
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Our token lockup smart contracts are decentralized (Team Finance has no ability to access the tokens inside) and support 15+ unique blockchains. All contracts are audited by leading security firms.\
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**Lock your tokens in seconds**, and benefit from Team Finance's unique locking service features like Split Locks, Partial Claims, and Lock Transfers.

### Features

<table data-view="cards"><thead><tr><th></th><th></th><th></th></tr></thead><tbody><tr><td><h3><mark style="color:blue;">Split Locks</mark></h3></td><td>Split your main lock into smaller locks. These smaller locks can have different owner addresses and end dates.</td><td><h4>Benefits:</h4><ul><li>Diversifies risk away from a single wallet address</li><li>Avoid minimum transaction amount limits when withdrawing tokens</li></ul><ul class="contains-task-list"><li><input type="checkbox" checked>$150 USD locking fee for each split lock.</li></ul></td></tr><tr><td><h3><mark style="color:blue;">Partial Claims</mark></h3></td><td>Withdraw any number of tokens from a lock, not just the full amount.</td><td><h4>Benefits: </h4><ul><li>Avoid problems with minimum transaction amounts when withdrawing tokens</li></ul><ul class="contains-task-list"><li><input type="checkbox" checked>No additional costs to using partial claims, only the associated gas fees.</li></ul></td></tr><tr><td><h3><mark style="color:blue;">Lock Transfers</mark></h3></td><td>Transfer lock ownership of a lock to another wallet address. </td><td><h4>Benefits: </h4><ul><li>Flexibility in case there are changes to the project team</li></ul><ul class="contains-task-list"><li><input type="checkbox" checked>No fee for transferring ownership of a lock.</li></ul></td></tr></tbody></table>

### Create your own custom token lock instantly with [Team Finance Lockups](https://www.team.finance/lockups).


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