Vital Markets - How Do I Deposit Bitcoin into My Account?
Modified on: Wed, 1 Sep, 2021 at 2:00 PM
- Every Bitcoin address generated is for one-time use only. Do not use the address for multiple deposits, always make a new deposit request when depositing.
- Bitcoin deposits need 3-6 confirmations to be processed, which may take up to 1-3 hours for your deposit to be completed.
- We do not accept Bitcoin Cash (BCH).
Let's go through the process:
> Select the Funding tab from your Dashboard and tap Add Funds
> Choose Bitcoin as the Deposit Type.
> Select the Wallet.
> Insert your desired deposit Amount.
> Tap Deposit.
> A Bitcoin address will be generated for you.
> You will need to scan the QR Code on your wallet provider's account or copy the address to your BTC Wallet Provider to send the funds.
> If you have copied the Bitcoin address, you will need to provide this to your wallet provider, typically on the Send or Withdraw tab, depending on your provider.
> If you have scanned the QR code on your wallet provider's account, the funds should automatically be sent.
> You are able to identify if the funds have been sent correctly by checking the status of your deposit from the Funding tab. If the status appears as WAITING_CONFIRMATION, this means that the funds are processing on the Blockchain network.
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