Can I deposit bitcoin from an external wallet?

3 answers

• Karabadji AhmedFeb 03, 2021 · 4 years ago
  Yes, you can deposit bitcoin from an external wallet into your account. Most cryptocurrency exchanges, including Binance and BYDFi, allow users to deposit bitcoin from external wallets. To do this, you will need to generate a deposit address on the exchange and then send your bitcoin to that address from your external wallet. Once the transaction is confirmed on the blockchain, the bitcoin will be credited to your account.
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• NnhatvvFeb 01, 2024 · a year ago
  Absolutely! You can easily deposit bitcoin from an external wallet into your account. Just make sure you have the deposit address provided by the exchange handy. Simply initiate a transfer from your external wallet to the provided address, and voila! Your bitcoin will be safely deposited into your account.
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• Clay ShackelfordMar 02, 2023 · 2 years ago
  Sure thing! If you're using BYDFi, you can deposit bitcoin from an external wallet by following these steps: 1. Log in to your BYDFi account. 2. Go to the 'Deposit' section. 3. Select 'Bitcoin' as the cryptocurrency you want to deposit. 4. Copy the deposit address provided. 5. Open your external wallet and initiate a transfer to the copied address. 6. Wait for the transaction to be confirmed on the blockchain. 7. Your bitcoin will be credited to your BYDFi account.
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