You have several ways to make deposits into your Bitso account, depending on the type of currency you want.
Deposit Cryptocurrencies
Before starting
Make sure you use the correct and compatible network for your Bitso address before sending your deposit. If you select the wrong network, you will lose your funds.
After that, just follow these steps:
Step 1. Open your Bitso app and go to the general menu located in the upper left corner and represented by three small horizontal stripes. Then click on “Deposit to your account”.
Step 2. Choose the cryptocurrency to deposit by clicking on the drop-down menu in the central part, as an example, we can select the Bitcoin option. You may have the option of sending through Bitso Transfer from another Bitso account or from another wallet through the network. By clicking on this last option, you can view your address.
Step 3. Copy the deposit address of your Bitso wallet and paste it into the address field of the platform from which you are going to withdraw your cryptocurrencies.
Step 4. After confirming the withdrawal request from your sending wallet and having entered the data correctly, the funds will be credited to your Bitso account.
USD through Payoneer
You can use Payoneer to make deposits in your Bitso account.
What currency can I deposit in Bitso?
So far, you can only deposit balance in USD. If you do not have a USD balance in Payoneer, you will be able to link your account, but you will not be able to send deposits until you have a USD balance in Payoneer.
How much does it cost?
The transaction has a cost of 2.9%.
What if it fails?
Deposits usually go smoothly. However, if any fail, it may be because there was a problem when Payoneer was verifying your account or there was a system error. You can always contact our team to help you solve it.
What’s the exchange rate that I’ll be able to convert the digital dollars that I’ll receive in Bitso into fiat?
In Bitso, you can convert digital dollars into fiat at the current price in the app. You have the best conversion price and you can withdraw them to your bank or virtual wallet 24/7.
What are the minimum and maximum amounts to withdraw from Payoneer to Bitso?
The minimum amount to withdraw from Payoneer to Bitso is USD 10 per transaction and the maximum is USD 6,000 per month.