Crypto Deposit Guide: Avoid Costly Mistakes
Transferring crypto to BYDFi is straightforward, but one wrong step can lead to permanent loss. Here’s a clean, step-by-step guide to doing it right.
Key Steps:
Navigate: Log in > [Assets] > [Deposit].
Select Coin: Choose the asset (e.g., BTC, USDT) you’re depositing.
CRITICAL – Choose Network: This is where most errors happen. Ensure the network (e.g., ERC-20, BEP-20) matches both BYDFi’s support and the sending platform. Sending via an unsupported network = lost funds.
Check for Memo/Tag: For coins like XRP or XLM, you must include the provided Destination Tag/Memo.
Copy & Send: Copy the deposit address exactly or scan the QR code. Always double-check the address and network before sending.
Non-Negotiable Tips:
Always use the deposit address currently shown on BYDFi’s page—addresses can change.
Never skip network verification.
No crypto? You can buy it directly with fiat on BYDFi’s “Buy Crypto” section.
Bottom Line: The process is user-friendly, but security depends on your attention to detail. Always verify the network and address.
0 Comments