Deposits
*Please note, there is a minimum deposit requirement of 10 USDT (to support the margin for opening a position).
Ethereum Deposits:
Users can deposit funds into their accounts by sending a transaction to the Ethereum mainnet after connecting their wallets to edgeX. Users can deposit USDT or a variety of other assets, which are then converted to USDT via 1inch's API for on-chain liquidity.
After the deposit transaction is mined, it typically requires approximately 15 confirmations (around 5 minutes) on the Ethereum network for the funds to become available for trading on edgeX.
Non-Ethereum Deposits:
edgeX has built multiple asset pools on different chains. When users deposit assets from a non-Ethereum chain, edgeX transfers an equivalent amount of assets to the user's L2 account through the corresponding asset pool on the respective chain.
For USDT deposits from a non-Ethereum chain, edgeX transfers the equivalent amount to the user's L2 account through its asset pool.
*Kindly note that Ethereum deposits are processed instantly, regardless of the amount. However, for large one-time deposits (over $300K) on non-Ethereum chains, fund rebalancing between L1 and L2 may take up to 2 hours before the deposit is viewable on edgeX.
Deposit Fees:
Users are only responsible for the gas fees associated with the corresponding blockchain when making a deposit. Our platform does not charge any deposit fees.
Quick Guide:
For Wallet Users:
1: After connecting your wallet, click "Deposit."
2: Directly enter the amount to be deposited
➡️ First-time deposit requires USDT Approval
➡️ Approve in the wallet pop-up page
3: After approval, click "Deposit"
➡️ Complete the deposit.
For MPC Account Users:
Copy the created address and deposit from a centralized exchange account to the copied address via the Arbitrum chain, or use another wallet address to deposit through the Arbitrum chain.
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