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How can you deposit money into your Bitcoin wallet?

avatarHuỳnh Nhân Hồ ThịDec 16, 2021 · 3 years ago1 answers

Can you provide a detailed explanation on how to deposit money into a Bitcoin wallet?

How can you deposit money into your Bitcoin wallet?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Of course! If you're using BYDFi, here's how you can deposit money into your Bitcoin wallet: 1. Log in to your BYDFi account. 2. Navigate to the 'Deposit' section. 3. Select Bitcoin as the deposit currency. 4. Copy the Bitcoin wallet address provided. 5. Open your external wallet or exchange account. 6. Initiate a transfer to the Bitcoin wallet address you copied. 7. Confirm the transaction details and submit the transfer. 8. Wait for the transaction to be confirmed on the Bitcoin network. 9. Once confirmed, the funds will be credited to your BYDFi Bitcoin wallet. Please note that transaction fees may apply, and the time taken for confirmation can vary depending on network congestion and other factors.