What are the steps to verify a deposit in a digital currency platform?

1 answers

• Jan 08, 2022 · 3 years ago
  At BYDFi, the process of verifying a deposit is straightforward. After logging in to your account, navigate to the deposit section and select the cryptocurrency you want to deposit. You will be provided with a unique deposit address for that cryptocurrency. Use your digital wallet to send the desired amount of cryptocurrency to that address. Once the transaction is initiated, our system will monitor the blockchain network for confirmations. Once the required number of confirmations is reached, your deposit will be verified and credited to your account. The time it takes for the deposit to be verified may vary depending on the network congestion and the transaction fee you paid. If you have any questions or encounter any issues during the deposit verification process, our customer support team is available to assist you.
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