Poloniex exchange recharge process and precautions

Poloniex exchange recharge process and precautions

Recharge process

1. Log in For Poloniex account, click "Wallet" in the navigation bar.
2. Select the cryptocurrency you want to recharge and click the "Recharge" button on the right.
3. Poloniex will provide a dedicated deposit address and copy the address to your external wallet.
4. In the external wallet, enter the amount you want to deposit and the deposit address provided by Poloniex.
5. Confirm the transaction and send the funds.

Notes

1. Choose the right network

Each cryptocurrency has the potential to operate on different runs on the blockchain network. Make sure your external wallet is on the same network as Poloniex. For example, BTC recharge can use the BTC network or the Lightning network.

2. Provide a memo/tag

Some cryptocurrencies (such as XRP) require a memo or tag to be successfully deposited. If you do not provide the correct memo or label, your funds may be lost.

3. Confirm the minimum deposit amount

Poloniex sets minimum deposit amounts for different cryptocurrencies. Before recharging, please be sure to check whether your recharge amount reaches this minimum value.

4. Recharge time

Recharge time varies by cryptocurrency and network. Generally speaking, BTC deposits take 10-60 minutes, while ETH deposits take 5-15 minutes.

5. Safety Tips

• Never send funds to an unfamiliar address.
• Check the deposit address carefully to make sure it is provided by Poloniex.
• Timely update the security measures of external wallets.
• Do not top up on public Wi-Fi networks.
• If you have any questions, please contact Poloniex customer service.

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