common-close-0
BYDFi
Trade wherever you are!

How can I deposit third party funds into my digital currency wallet?

avataromar zekriJan 13, 2022 · 3 years ago1 answers

I want to deposit funds from a third party into my digital currency wallet. How can I do that?

How can I deposit third party funds into my digital currency wallet?

1 answers

  • avatarJan 13, 2022 · 3 years ago
    At BYDFi, we understand the need to deposit third party funds into your digital currency wallet. To do this, you can follow these steps. First, log in to your BYDFi account and navigate to the 'Deposit' section. Here, you'll find a list of supported cryptocurrencies. Choose the cryptocurrency you want to deposit and click on the 'Deposit' button next to it. You'll be provided with a unique wallet address for that specific cryptocurrency. Share this address with the third party who wants to deposit funds into your wallet. They can then initiate the transfer from their own wallet or exchange platform by entering your wallet address as the recipient. Once the transfer is confirmed on the blockchain network, the funds will be credited to your BYDFi account. Please note that different cryptocurrencies may have different confirmation times, so the deposit may take some time to reflect in your account.