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      • Deposits
      • Withdrawals
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  1. Getting started
  2. Deposits and Withdrawals

Deposits

*Please note, there is a minimum deposit requirement of 10 USDT (to support the margin for opening a position).

Ethereum Deposits:

After connecting their wallet to edgeX, users can deposit USDT into their account by sending a transaction to the Ethereum mainnet.

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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Last updated 3 months ago