Receiving Coins & Tokens into CoinSpot - Locating your wallet address

We offer automated deposits on most of the major coins and ERC-20 Tokens as well as our manual deposit option for all other coins/tokens.

What is in this article?

• Automated Deposit
• Manual Deposit
• Destination Tag/Memo ID Deposit
• Destination Tag/Memo ID + Manual Deposit Form

Automated Deposit

Automated Deposits is available for 70+ coins! Generate a deposit address from your coin/tokens wallet page. This address will then be permanently linked to your account and you can use this to deposit automatically. 

Coins sent to an Automated wallet address from Mining Pools will be accepted. Coins sent to Non-automated wallet addresses from Mining Pools will not be accepted.

In the following, we will be using Bitcoin (BTC) as an illustrative example to locate your BTC receiving wallet address.

Example

1. Select the 'Wallets' page.

                                                  Figure 1. Automated Deposits - Wallets Button

2. Select or search⁽¹⁾ for Bitcoin > Then tap on Open BTC Wallet⁽²⁾.

                                                  Figure 2. Automated Deposits - Example (Locating BTC Wallet)

3. Select Receive⁽¹⁾ > Select the Drop-down menu⁽²⁾ > Select Bitcoin⁽³⁾.
In the following example, we will be using the Bitcoin Transfer Network. Before sending coins into CoinSpot, always check the transfer network before transferring.

                                                  Figure 3. Automated Deposits - Example (Select Network)

4. Select 'Generate Deposit Address'.

                                                  Figure 4. Automated Deposits - Example (Generate Deposit Address)

5. Once generated, you can use your generated wallet address to deposit automatically. 
Below is only an example of a BTC receiving wallet address.
Sending coins or tokens other than Bitcoin (BTC) to the wallet address within Bitcoin (BTC) receiving wallets page will result in a loss of your deposit.

                                                  Figure 5. Automated Deposits - Example (BTC Wallet Address Example)

Manual Deposit

For any coin you can not generate an address for, you can simply use the provided manual address, make your transaction, enter the details and our team will do the rest!

In the following, we will be using Avalanche (AVAX) as an illustrative example to locate the AVAX receiving wallet address and Manual Deposit form.

Coins requiring a Manual Deposit form sent from Mining Pools directly to CoinSpot will not be accepted. Manual Deposit coins from mining pools must be sent to a private wallet before being sent to CoinSpot.

Example

1. Head on over to your AVAX wallet, then select Receive⁽¹⁾ > Select the Network Drop-Down Menu⁽²⁾ > Then select Avalanche⁽³⁾.
Avalanche Transfer Network is Avax-X Chain.

                                                  Figure 6. Manual Deposit - Example (Select Network)

2. Utilise the Manual Deposit wallet address to deposit to your AVAX to.

                                                  Figure 7. Manual Deposit - Example (Step 1 - AVAX Manual Deposit Address Example)

3. After you have made your transaction to the Manual Deposit Address, please complete the details required⁽¹⁾ and select Submit Manual Deposit⁽²⁾ form.

                                                  Figure 8. Manual Deposit - Example (Step 2 - Manual Deposit Form)

Once the correct details on the Manual Deposit form has been submitted and the transaction has been confirmed on the Blockchain, our team will review the details and allocate the deposit into your account accordingly.

Destination Tag/Memo ID Deposit

Certain coins will require users to add a Memo/Destination Tag when sending coins into their CoinSpot account. The Memo/Destination Tag will be permanent and unique to each individual CoinSpot user. 

In the following, we will be using Cosmos (ATOM) as an illustrative example to locate your BNB receiving wallet address and Memo.

Example

1. In the Cosmos (ATOM) wallet, select Receive > Then select the Network drop-down menu > Select ATOM.
Cosmos (ATOM) have multiple receiving transfer networks available. If you are uncertain of the Transfer Network your wallet provider transacts on, please check with your wallet provider before depositing into CoinSpot.

                                                  Figure 9. Memo/Destination Tag Deposit - Example (ATOM Network)

2. Users will then be able to obtain their ATOM receiving wallet address and memo to initiate a send into their CoinSpot account.
If you have forgotten to include your unique Destination Tag/Memo when depositing into CoinSpot, please contact us for further assistance.

                                                  Figure 9. Memo/Destination Tag Deposit - Example (ATOM Wallet Address & Memo Example)

- Please note -

ETH/ERC20 tokens, and NEO/GAS tokens, share the same inbound wallet address and you will only need to generate a deposit address once for these coins once. All compatible wallet pages will then be updated with your deposit address. 

Destination Tag/Memo ID + Manual Deposit Form

Certain coins will require users to include their Destination Tag/Memo ID when making a deposit to CoinSpot, afterwards, a Manual Deposit form is required to be filled out.

In the following, we will be using HIVE (HIVE) as an illustrative example to locate your HIVE receiving wallet address and Memo.

                                                  Figure 10. Memo/Destination Tag Deposit - Example (Hive - Manual Deposit)

Need more help? 

Please submit your request via Zendesk - https://coinspot.zendesk.com/hc/en-us/requests/new  

or start a conversation with us via Live Chat and our team will provide full instructions and advice.