If you hold crypto on other platforms or wallets, you can transfer it to an Monochrome exchange account for trading or to increase your crypto holdings through Monochrome services.
How to deposit Crypto on the Monochrome website
- Log in to your Monochrome account and click [Spot]-[Deposit]
2. Select the crypto you want to deposit. We will use USDT as an example.
3. The system will display the available networks for depositing USDT. Please select the deposit network carefully and ensure that the network selected is the same as the network of the withdrawal platform. If the wrong network is selected, your funds may be lost and will not be able to be recovered.
4. The system will display the QR code and deposit address of the selected network. Click the Copy icon to copy the deposit address and paste it into the address field of the withdrawal platform. You can also scan the QR code and import it directly on the withdrawal platform.
5. The transfer will be processed after the deposit request is confirmed. The confirmation time may vary depending on the blockchain and its current network traffic. Once confirmed, the funds will be credited to your personal Monochrome account, and you can view them under [Funds].
How to deposit Crypto on the Monochrome APP
1. Log in to the Monochrome App and click on the "Deposit" button.
2.Select the crypto you want to deposit. We will use USDT as an example.
3. The system will display the available networks for depositing USDT. Please select the deposit network carefully and ensure that the network selected is consistent with the network of the withdrawal platform. If the wrong network is selected, your funds may be lost and will not be able to be recovered.
4. The system will display the QR code and deposit address of the selected network. Click the Copy icon to copy the deposit address and paste it into the address field of the withdrawal platform. You can also scan the QR code and import it directly on the withdrawal platform.
5. The transfer will be processed after the deposit request is confirmed. The confirmation time may vary depending on the blockchain and its current network traffic. Once confirmed, the funds will be credited to your personal Monochrome account, and you can view them under [Funds].
Whether you are depositing or withdrawing to a third-party platform or your digital wallet, please ensure the following:
- Wallet/platform compatibility: The available networks depend on the options supported by the external withdrawal wallet or trading platform. For example, if the external platform only supports ERC20, you must select the ERC20 deposit network.
- Matching Networks: Ensure that the deposit or withdrawal network matches the target platform, otherwise, you may lose your digital assets. Do not simply choose the network with the lowest fees—select the option compatible with the withdrawal platform. For example, ERC20 tokens can only be sent to other ERC20 addresses. Incompatible or mismatched networks will result in the loss of funds.
- Verify Address and Amount: Before depositing or withdrawing, double-check the accuracy of your address and amount. Due to the anonymous and private nature of blockchain networks, entering incorrect information will result in the loss of the corresponding assets. Always carefully verify your deposit and withdrawal addresses.
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