How to Deposit Money to Transcrypt.eu by Wire transfer?
Using bank transfers on Transcrypt.eu is easy, and the whole process is quite straightforward. Currently Transcrypt supports only EUR wire transfers by SEPA. Before you start, check if you’ve verified your account. Only verified users can fund their Transcrypt accounts via wire transfer.
Successful wire deposit checklist:
- You’ve already verified your Transcrypt.eu account
- You’ve used the correct payment details
- You’ve sent the money from your personal bank account
Funding your Transcrypt.eu account by wire transfer is simple. But keep in mind that payments must be sent in your name.
We can’t accept payments sent from people other than the account owner. If we receive payments from anyone else, we’ll
have to transfer them back to the bank account that sent them. Note that bank charges will be applied in such cases,
meaning that the bank account holder will receive back less than they initially sent.
How to deposit and withdraw cryptocurrency
In order to deposit cryptocurrency to your Transcrypt account, you need to send your funds from your external wallet to the Transcrypt wallet of corresponding currency. To check your wallet address please go to the Transactions Page and press the “deposit in cryptocurrencies” link. Alternatively you can do it in dashboard by clicking button next to the currency you want to deposit.
In order to withdraw your cryptocurrency from Transcrypt to another wallet, you should proceed to the Transactions page and press the “withdrawal in cryptocurrencies” link. Alternatively you can do it in dashboard by clicking button next to the currency you want to withdraw.
Why is my payment on pending status?
Deposits:
Crypto: At Transcrypt we require minimum number of confirmations before funds are credited to your account. This can take anywhere between 1-24 hours, except for cases of unforeseen or unavoidable network issues.
Here are the minimum confirmations for all the coins we have on the platform.
- BTC - 3 confirmations
- ETH - 25 confirmations
- BCH - 12 confirmations
- DASH - 9 confirmations
- ZEC - 15 confirmations
- BTG - 41 confirmations
- XRP - Immediate
- XLM - Immediate
Bank transfer: payments can take up to 14 business days to reach our account - the exact time depends on bank processing.
Withdrawals:
-
Crypto: please allow up to 1 hour (except for cases of unforeseen or unavoidable network issues) for the blockchain to pick up your transaction.
-
Bank transfer: Your withdrawal is being processed by financial officer. Withdrawal requests are processed within 24 hours on business days, but the time can be expanded in case the payment details are incorrect or incomplete, or if the transaction is rejected. In order to avoid delays - please check your payment details with your bank. After the payment is processed by financial agent it will take some time to reach your account - it depends on bank processing.
I've deposited BTC to my account. Why are they not shown?
It takes some time for the transaction to be completed. Our system requires 3 confirmations to receive the BTC. The approximate waiting time is 15-20 minutes. If the payment is not received within 4 hours, please contact the support team.
Please state:
- The amount of BTC deposited
- Link to the transaction on blockchain
- Time of deposit
This will help us find your transaction.
I accidentally sent BTC to LTC address, are my coins lost?
The wallet address of the transaction will be considered as erroneous in the system. The transaction will be rejected and will not appear in the block chain. In some time the funds will be back in your wallet.
In case your LTC wallet address coincides with a valid BTC wallet address, the transaction will be completed and it is impossible to reverse such transactions.
The payment is sent only if there is a transaction ID.
What trading fees do you charge?
Trading fees have a distinction of a "maker" fee or a "taker" fee.
Trading fee is either zero-fee in case you make a trade as a Maker or a small fee (0,1%-0,3%) in case you make a trade as a Taker.
Maker fees (0 %) are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell.
Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book.
If you buy or sell using a market order, you will pay the Taker fee because a market order immediately removes liquidity (other traders' offers) from the order book.
For example:
If the current market price is $6000 for 1 BTC and you buy bitcoins starting at the market price of $6000, then you will pay the taker fee. In this instance, you have taken liquidity from the Exchange order book.
If the current market price is $6000 for 1 BTC and you place a buy order for BTC at $5995, then you will pay the maker fee (0%) IF the market price moves into your limit order at $5995.
How to fund my TRANSCRYPT account?
To fund your TRANSCRYPT account please:
- Login to your TRANSCRYPT account
- Proceed to OPERATIONS
Choose your preferred deposit method:
- Account funding in cryptocurrency
- Account funding in fiat currency
There are three ways to deposit funds to your TRANSCRYPT account in fiat currency:
- Credit Card deposit – For VISA and Mastercard owners.
- SEPA deposit – for users within the European SEPA zone.
- Perfect Money – for users all around the world.