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    Home » How to Deposit in BitYard
    Bityard Tutorials

    How to Deposit in BitYard

    coffeecoinoBy coffeecoinoJune 5, 2022No Comments6 Mins Read
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    How to Deposit Cryptos


    [PC]

    Step 1: Visit BitYard:

    1. Click Assets on the top right-hand corner of your page

    2. Select Deposit

    How to Deposit in BitYard
    Step 2:

    1. Select the desired coin on the “Coin” option

    2. Select Chain Type; BitYard supports three networks to deposit digital assets: TRC20, BSC, ERC20

    3. Click [Copy] icon to copy the deposit address and paste it into the withdrawal address field on the external platform or wallet. You can also scan the QR Code to deposit.

    How to Deposit in BitYard
    Note:

    1. Each coin has its own deposit address, so please read deposit tips carefully.

    2. The coins supported by BitYard for deposit are: USDT(USDT-Erc20, USDT-Trc20, BSC), BTC, ETH, XRP, TRX, EOS, DOGE, LINK, CRV.

    3. Please strictly follow the displayed coins address to deposit, otherwise, the deposit assets may be lost.

    4. Cryptocurrency deposit requires network node confirmation. Different currencies require different confirmation times. The confirmation time is generally 10 minutes to 60 minutes, Details are as follows:
     

      BTC       ETH      TRX     XRP      EOS    USDT-Erc20  USD-Trc20
    1 12 1 1 1 12 1

    5. The deposit address may be changed. Please confirm the deposit address on the deposit page beforehand.

    [APP]

    Step 1: Open BitYard iOS App or BitYard Android App on your phone and Login to your BitYard Account.

    Step 2: Click Assets

    How to Deposit in BitYard

    Step 3:

    1. Choose The Spot Tab

    2. Select Deposit

    How to Deposit in BitYard
    Step 4:

    1. Select the desired coin on the “Coin” option

    2. Select Chain Name; BitYard supports three networks to deposit digital assets: TRC20, BSC, ERC20

    How to Deposit in BitYard
    Step 5: 
    Click [Copy] icon to copy the deposit address and paste it into the withdrawal address field on the external platform or wallet. You can also scan the QR Code to deposit.
    How to Deposit in BitYard

    Note:

    1. Each coin has its own deposit address, so please read deposit tips carefully.

    2. The coins supported by BitYard for deposit are: USDT(USDT-Erc20, USDT-Trc20, BSC), BTC, ETH, XRP, TRX, EOS, DOGE, LINK, CRV.

    3. Please strictly follow the displayed coins address to deposit, otherwise, the deposit assets may be lost.

    4. Cryptocurrency deposit requires network node confirmation. Different currencies require different confirmation times. The confirmation time is generally 10 minutes to 60 minutes, Details are as follows:
     

      BTC       ETH      TRX     XRP      EOS    USDT-Erc20  USD-Trc20
    1 12 1 1 1 12 1

    5. The deposit address may be changed. Please confirm the deposit address on the deposit page beforehand.

    ​​​​​

    How to Buy Cryptos via Fiat Gateway?

    Before we learn more about using Fiat Gateway, please note that BitYard does not handle fiat deposits directly, and this service is wholly handled by third-party payment providers.

    Please click “Buy Crypto” on the left side of the navigation bar to enter the page.
    How to Deposit in BitYard
    How to Deposit in BitYard
    Step 1:

    Select the fiat currency you want to pay. Click on “USD” and the drop-down menu will appear.
    Currently, the fiat currencies BitYard supported include: ARS, AUD, BOB, BRL, BYN, CAD, CHF, CLP, COP, CRC, CZK, DKK, DOP, DZD, EUR, GBP, HKD, IDR, ILS, INR, JPY, KRW, LAK, MXN, MYR, NOK, NPR, NZD, PEN, PHP, PLN, PYG, RUB, SEK, SGD, THB, TRY, TZS, USD, VND, ZAR.

    You can check the purchase limit for each currency in the input box. Taking USD as an example, the minimum purchase amount is $15 and the maximum purchase amount is $15,000.
    How to Deposit in BitYard
    Step 2:
    Select the cryptocurrency you would like to receive in your BitYard wallet address. Currently, BTC/ETH/USDT/USDC/BUSD/XRP/DOGE/LINK are supported.
    How to Deposit in BitYard
    Step 3:
    Enter the amount. You can enter the deposit amount based on fiat currency amount (e.g. $1,000) or cryptocurrency amount (eg. 0.1 BTC) according to your needs.
    How to Deposit in BitYard
    How to Deposit in BitYard
    In addition, you can check the reference price at the bottom left.

    Step 4:
    Select from the list of service providers.
    According to the fiat currency and cryptocurrency selected by the user, the supplier that provides the corresponding service is displayed in the list.

    We can obtain the following information from the service providers list:

      a) Name of the service provider

      b) Reference quotation and purchase limit

      c) Estimated amount of cryptocurrency

      d) Estimated transfer time and “Buy Now” button
    How to Deposit in BitYard
    Note:

    The real-time quotation is for reference only. Please refer to the service provider’s website for the exact exchange rate. The real-time quotation in the upper right corner will be refreshed every 20 seconds. You can also click “Refresh” to get the latest quotation.

    Step 5:
    Click the “Buy Now” button. You will be redirected to the third-party payment provider’s official webpage.
    How to Deposit in BitYard
    Note:

    If you are a first-time user, you need to create an account, and then complete KYC verification first.

    After successfully depositing fiat currency into BitYard, you can click “History” to view historical transaction records.
    How to Deposit in BitYard
    How to Deposit in BitYard

    Frequently Asked Questions (FAQ)

    How long does it take to complete deposit

    Deposit through OTC is real-time. Deposit through external wallets depends on congestions in the blockchain network.
    There are three steps for blockchain asset transfers: Initiate – Block Confirmation – Credit

    1. Initiate: The withdrawal platform or wallet has already performed a transfer.
    2. Block Confirmation: Complete the block confirmation. If there are congestions and delays in the blockchain network, may cause the digital assets not be fully confirmed.
    3. Credit: After full confirmation, BitYard will credit to your account as soon as possible.


    What are the deposit fees on BitYard?

    There will be no fees for deposit USDT-Bsc, USDT-Erc20, USDT-Trc20, BTC, ETH, TRX, XRP, EOS, DOGE.

    BitYard fiat currency deposit is free of charge.

    Tips: Third-party payment accounts are updated from time to time, and the latest payment information must be obtained before deposit.
     

    How to do internal transfer?

    Select [Internal Transfer] from the [Assets].
    How to Deposit in BitYard
    Follow the instructions to transfer assets from your account to other BitYard users without fees by filling in the username, receiving account, coin, the amount of funds to be transferred, the password, and the email verification code.

    • BitYard internal transfers are free of charge.
    • The single transfer limit varies by currency.
    • Please make sure to confirm your user information when transferring funds.
    • If you encounter any problems during transferring funds, please contact our online customer service.


    Which service providers provide Fiat deposit services on BitYard?

    Currently, our Fiat Gateway partners include Banxa, XanPool, Transak, Ramp.  
     

    Is there a minimum/maximum fiat amount that can be deposited?

    Yes. The purchase limit will be indicated in the amount input box.
     

    What kind of payment methods are accepted?

    Electronic fund transfers, Visa/Mastercard credit, debit cards and cash deposits (limited to certain areas).

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