Making Your First Deposit
After creating your account, the next step is to fund it so you can start trading. ByteExchange supports both crypto and fiat deposits.
Option 1 — Deposit Cryptocurrency
- Navigate to Wallet > Deposit.
- Select the cryptocurrency you want to deposit (e.g., BTC, ETH, USDT).
- Choose the correct network (e.g., ERC-20, TRC-20, BEP-20 for USDT).
- Copy the deposit address or scan the QR code.
- Send funds from your external wallet to this address.
Important: Always double-check the network. Sending tokens on the wrong network may result in permanent loss of funds.
Option 2 — Deposit Fiat Currency
- Complete KYC Level 1 verification first.
- Go to Wallet > Deposit > Fiat.
- Select your currency (USD, EUR, TRY, etc.).
- Choose a payment method: Bank Transfer, Credit/Debit Card.
- Follow the on-screen instructions to complete the deposit.
Minimum Deposits
- Crypto: Varies by coin (e.g., 0.0001 BTC, 0.01 ETH, 10 USDT)
- Fiat: Typically 10 USD / 10 EUR equivalent
Processing Times
| Method | Typical Time |
|---|---|
| Crypto (BTC) | 10 - 30 minutes (2 confirmations) |
| Crypto (ETH/ERC-20) | 5 - 15 minutes (12 confirmations) |
| Bank Transfer | 1 - 3 business days |
| Credit Card | Instant to 30 minutes |
Tips
- Start with a small test deposit to verify the address.
- Use the Buy Crypto feature if you do not already hold any cryptocurrency.