Frequently Asked Question
What is a deposit?
A deposit on ChainEX is a process that involves transferring funds from a wallet within or outside of ChainEX to your wallet of the same currency on the platform. Unlike withdrawals, which refer to the transfer of currency by yourself to another wallet, deposits involve receiving currency from another wallet into your own wallet.
Receiving a deposit on ChainEX is a straightforward process. All you need to do is provide the person making the deposit with your wallet address, which can be easily accessed on the platform. Similar to entering an account number when doing an EFT, the person making the deposit will need to enter your wallet address when making a deposit.
At ChainEX, we ensure that the deposit process is seamless and hassle-free for our users. So start making deposits and enjoying the benefits of trading on our platform today.