How to Make a Crypto Deposit on Bitbase - Mobile App Guide

This guide provides a step-by-step walkthrough for depositing cryptocurrency on Bitbase using the mobile app. Whether you're transferring funds from another wallet or an exchange, this process ensures your deposit is completed securely and efficiently.

How to Deposit Cryptocurrency on Bitbase?

Step 1: Navigate to the Deposit Section

1. Open the Bitbase app on your mobile device and log in to your account.
2. Tap on the Add Funds at the top of the screen.
3. Select Deposit Crypto.

 

Step 2: Select Cryptocurrency to Deposit

1. Use the search bar or scroll through the list to find the cryptocurrency you want to deposit.
2. Select the cryptocurrency you want to deposit.

 

Step 3: Choose the Correct Network

1. Review the blockchain networks available for your selected cryptocurrency.
2. Tap on the network that matches the one used by your sending wallet.

• Example: If sending USDT via Ethereum, select the ERC-20 network.

Note: Using an incorrect network may result in permanent loss of funds. Always double-check compatibility before proceeding.

 

Step 4: Choose the Destination Account

3. Select the account where the funds will be deposited, such as Spot or Funding.
4. Once your deposited assets are credited, they will automatically appear in the selected account.

 

Step 5: Copy the Deposit Address

1. A unique wallet address will be generated for the cryptocurrency and network you selected.
2. Tap Copy Address or use the QR code provided.

 

Step 6: Initiate the Transfer

1. Open your external wallet or exchange account where the funds are stored.
2. Paste the copied address into the destination field or scan the QR code.
3. Confirm the network matches the one you selected on Bitbase.

Step 7: Verify the Transaction

1. Confirm the transfer from your sending wallet.
2. Wait for the network confirmation process to complete. The time required may vary depending on the network.
3. Once the transaction is confirmed, your funds will appear in your Assets tab within the app.

 

Important to Know

• Minimum Deposit Amount: Ensure your deposit meets the minimum amount required for the selected cryptocurrency.
• Deposit Fees: Bitbase does not charge deposit fees, but network transaction fees may apply.
• Address Expiry: Before performing any deposits, refer to the Deposit page to confirm your current deposit address. Avoid using expired or outdated addresses, as they may lead to irreversible loss of funds.

 

FAQs

4. How long does it take for deposits to appear in my account?

Most deposits are processed after network confirmation. The time varies based on the network congestion and cryptocurrency used. You can track the transaction status using the appropriate blockchain explorer by entering your transaction ID (TxID).

5. Why haven’t I received my deposit yet?

If your deposit hasn’t arrived, first check the transaction status on the blockchain explorer using your TxID to ensure it’s completed. Verify that you used the correct deposit address and network. Delays may also occur due to network congestion. For further assistance, please contact Bitbase Support with your TxID.

6. Is there a way to cancel a deposit transaction?

No, once initiated, blockchain transactions cannot be canceled or reversed. Double-check all details before confirming.

7. Why is my deposit address different this time?

For security reasons, Bitbase may generate unique deposit addresses periodically. Always use the address displayed for your current transaction.

8. Can I deposit cryptocurrency from any wallet or exchange?

Yes, you can deposit cryptocurrency from any external wallet or exchange. However, ensure that the wallet or exchange supports the same network as the one you selected on Bitbase. Using an unsupported or incompatible network may result in delays or permanent loss of funds.

Disclaimer and Risk Warning

All trading tutorials provided by Bitbase are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research, understand the risks involved. Bitbase is not responsible for any trading decisions made by users.

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