Depositing money into Bitso can involve different asset types. This guide focuses specifically on how to deposit cryptocurrencies into your Bitso wallet, a straightforward process accessible directly through the Bitso app by obtaining your unique deposit address and QR code.
Step-by-Step Guide to Depositing Cryptocurrencies
To deposit cryptocurrencies into your Bitso wallet using the app, follow these simple steps:
- Open Your Bitso App: Launch the Bitso application on your mobile device and log in to your account.
- Navigate to Deposit: On the home screen of the app, locate and tap the "Deposit" option.
- Choose Cryptocurrencies: From the available deposit options, select "cryptocurrencies." This will allow you to proceed with depositing digital assets.
- Select Your Currency: A comprehensive list of supported cryptocurrencies will be displayed. Choose the specific digital currency you intend to deposit (e.g., Bitcoin, Ethereum, XRP).
- View Deposit Details: Once you select the desired cryptocurrency, Bitso will immediately present your unique deposit address and a corresponding QR code. This information is crucial for sending your crypto to your Bitso wallet.
Understanding Your Cryptocurrency Deposit Information
When you choose the cryptocurrency you wish to deposit, Bitso provides you with two essential pieces of information:
| Item | Description | Usage |
|---|---|---|
| Written Address | A unique alphanumeric string that serves as your specific Bitso wallet address for the chosen cryptocurrency. | Carefully copy and paste this address into the "recipient address" field of the external wallet or exchange from which you are sending funds. |
| QR Code | A scannable image that visually encodes your written deposit address. | Many external cryptocurrency wallets and exchanges offer a "scan QR code" feature, which automatically populates the destination address, helping to prevent input errors. |
Important Note: Always ensure that the specific cryptocurrency you are sending exactly matches the deposit address provided by Bitso for that currency. Sending a different cryptocurrency to an incorrect address (e.g., sending Cardano to a Bitcoin address) can lead to the permanent loss of your funds. Double-check all details before confirming any transaction.
Completing Your Deposit
Once you have securely obtained your Bitso deposit address (either by copying the written address or scanning the QR code), you can proceed to send the cryptocurrency from your external wallet, another exchange, or any other source. Paste or scan the Bitso address into the designated recipient field on your sending platform, carefully confirm all transaction details (including the amount and network fees), and then initiate the transfer. The deposited funds will appear in your Bitso wallet after the necessary network confirmations are completed, which can vary depending on the cryptocurrency and blockchain network congestion.
