Crypto Academy

How to deposit money into a Bit4you account

How to deposit money into a Bit4you account

4 min reading

Everything you need to know about deposits on Bit4you is found in this article. Read on.

Deposit money

How to deposit money into a Bit4you account

When dealing with cryptocurrencies, it is always preferable to have some amount of funds in your account for easy access. Every crypto platform makes provision for consumers to deposit virtual funds in their accounts for emergency transactions. Though keeping money in a wallet could draw the attention of fraudsters, users still need a certain amount of money. What do you do when you do not have enough money in your Bit4you account? How do you deposit funds into your account? This article provides detailed steps on how to fund your account. 

Bit4you is a Belgian-based crypto exchange platform that helps users in everything that has to do with cryptocurrency. If you intend to trade, invest, or simply buy crypto and you do not know any exchange platform in Europe, then here is one for you. It is a contactless and secure crypto payment service. If you want to access Bit4you, you simply need to download the app on your phone or desktop, complete the verification and know your customer (KYC) steps, then you can start using it every day. It facilitates a user’s first steps into the crypto world. Before any user dives into real trading, they have access first to the demo method that helps them acquaint themselves with the platform and how it works. 

Steps to deposit money into an account on Bit4you

Considering that you have already logged into your account, go to the taskbar at the top of the page and click on ‘Add funds’. A dialogue box will open. Type the amount you would like to add in euro currency. Euros is the principal currency for transactions on the platform, for now. After typing the amount, you would need to click on ‘continue’. You will notice that you can make a deposit using Bancontact, Maestro, Visa, or bank transfer. If you intend to minimize costs, it will be good to use bank transfers. Transaction fees are quite low. After clicking on ‘continue’, another page will show the details of the transaction you are about to fulfill will open. Double-check the details, then click on ‘OK’. You can then verify your wallet to see if the digital currency is in it. The minimum deposit on the platform is 25 euros. 

In a nutshell,  the simplest way to do these deposits is by Bank transfer. It is quick, easy and less costly. If you insist on using the other methods, there still isn’t any problem.  Also, bank transfers will depend on the user and the position he takes while trading. If it is short-term, then they can go for bank transfer. However, do not hesitate to contact our customer support if you face any difficulties.

Conclusions

Leave a Reply

Your email address will not be published.