How to top up Bitstamp contract

To fund your Bitstamp contract account, you'll need to deposit funds into your fiat account and transfer them to the exchange wallet, purchase USDT, and transfer it to your contract wallet, completing the deposit process.

Nov 08, 2024 at 01:54 am

How to Top Up Bitstamp Contract

Step 1: Deposit Funds into Your Bitstamp Fiat Account

• Login to your Bitstamp account and navigate to the "Deposit" page.
• Select your preferred deposit method (SEPA, SWIFT, Rapid Transfer, or Cryptocurrency).
• Enter the desired deposit amount and follow the instructions provided for your chosen deposit method.
• Example: If using SEPA, enter your bank account details and confirm the transfer through your online banking platform.

Step 2: Transfer Funds from Fiat Account to Exchange Wallet

• Once your deposit has processed, navigate to the "Exchange" tab within your Bitstamp account.
• Click on the "Deposit" button and select "USD" (or your relevant fiat currency) as the deposit currency.
• Enter the amount you wish to transfer and confirm the transaction.
• Example: Transfer $100 from your fiat account to your exchange wallet.

Step 3: Purchase USDT on Bitstamp Exchange

• In the "Exchange" tab, search for the USDT/USD trading pair.
• Place a limit buy order for the desired amount of USDT at your specified price.
• Example: Limit buy 500 USDT at $0.995.

Step 4: Transfer USDT to Contract Wallet

• Once your USDT purchase has executed, navigate to the "Wallets" section of your Bitstamp account.
• Select the "USDT" wallet and click on the "Withdraw" button.
• Choose "Bitstamp Contract" as the withdrawal destination and enter the amount of USDT you wish to transfer.
• Confirm the transaction, verifying the wallet address and amount.
• Example: Withdraw 500 USDT to your Bitstamp contract wallet.

Step 5: Deposit USDT into Contract Account

• Login to your Bitstamp contract account and navigate to the "Assets" section.
• Click on the "Deposit" button and select "USDT" as the deposit currency.
• Enter the amount of USDT you transferred and verify the details.
• Confirm the deposit to add USDT to your contract account.
• Example: Deposit 500 USDT into your Bitstamp contract account.

Additional Note:

• Ensure that your Bitstamp account and contract account are linked under the same email address.
• Minimum deposit amounts may vary depending on the deposit method and currency.
• Withdrawals from the exchange wallet to the contract wallet are typically processed instantly.
• It is recommended to double-check all details before confirming deposits and withdrawals to avoid errors.