To deposit crypto into your Bits of Gold cold-managed wallet, follow these steps:
Log in to your account.
Click on the "Deposit" button in your wallet.
Choose the cryptocurrency you want to deposit from the list.
The coins will be deposited into a new account in your wallet - the deposit account. This is a flexible account for all wallet operations opened with the first coin deposit in the wallet. The account allows buying, selling, withdrawing, and depositing all the coins we offer. At this stage, you don't need to do anything - just read the details.
Select the amount of coins you want to deposit.
Open your wallet app and send us the coins: Scan the QR code displayed or alternatively copy the wallet address displayed on the screen and paste it into your wallet, then press "Finish".
That's it, you're done! Once we detect your coin transfer, the deposit process will begin. The process will be completed after verifying and approving the sender's wallet address, which usually takes one business day but depends on the network's load. In any case, you can access your wallet and check the deposit status in the recent transactions section.
Important info:The coins will be deposited into your balance within 3 business days during our business hours, and only after we have identified and confirmed the sender's wallet address, and
Depositing coins into the managed cold wallet is free of charge, however, when selling or withdrawing the deposited coins from the wallet, a service fee is charged as specified in the costs page on the website and our Terms of Service.
Coins deposited in the managed cold wallet do not necessarily have to be converted to fiat.