Guide 2 of 6 · Funding
Depositing funds
Accounts are funded with crypto, which converts into a dollar-pegged balance for trading. Here's how deposits work, what they cost, and how to avoid the common mistakes.
How deposits work
- Open the deposit screen in your account to see your personal deposit address and the supported networks.
- Choose the right network. Sending tokens on the wrong blockchain is the #1 way deposits get lost. Match the network exactly.
- Send from your wallet or exchange. Copy-paste the address — never type it by hand — and send a small test amount first if you're unsure.
- Wait for confirmations. Funds appear after the network confirms the transaction, typically minutes but occasionally longer when networks are busy.
- Your balance converts automatically into the platform's dollar-denominated balance, so 1 unit equals $1 of buying power.
What you can deposit
The platform accepts USDC plus a wide range of other tokens across many blockchains, auto-converting them on arrival. Stablecoins (USDC and equivalents) are the simplest choice: no price movement between sending and arrival, and the lowest conversion friction.
💡 Tip: depositing a volatile token like ETH or SOL means its dollar value can shift during the transfer. If you want exactly $X of buying power, deposit a stablecoin.
Fees and minimums
- Network (gas) fees are paid to the blockchain, not the platform — they vary by network and congestion. Some networks cost cents; others can cost dollars at busy times.
- Exchange withdrawal fees apply if you're sending from a centralized exchange; check theirs before you send.
- Conversion spread may apply when depositing non-stablecoin tokens, since they're swapped into dollars on arrival.
- Minimums exist to keep tiny deposits from being eaten by fees — the deposit screen shows the current minimum.
⚠️ Never send from one network to an address on another. A Polygon address receiving tokens sent via Ethereum mainnet (or vice versa) can mean permanently lost funds. When in doubt, send a $5 test first.
Deposit checklist
- ✅ Address copied from the official deposit screen (not from a chat, email, or ad)
- ✅ Network on the sending side matches the network on the deposit screen
- ✅ Amount is above the minimum and worth the network fee
- ✅ You control the sending wallet, so you can troubleshoot if needed
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