Blumarkets has a very straightforward process to Deposit Funds to your Blumarkets Account. This guide will provide you with an overview of:
Available Deposit Methods
We are always trying to add new Deposit Methods for our traders. Currently, we have the following Deposit Methods available:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Dogecoin (DOGE)
- Tether (USDT) (TRC-20)
Minimum and Maximum Deposit Amounts
Ripple (XRP), USDT (TRC20), Dogecoin (DOGE), Litecoin (LTC), Ethereum (ETH), and Bitcoin (BTC):
- Minimum – $10 / Maximum – Unlimited
Deposit Timeframe
All deposits have different processing times, subject to the Blockchain Network which is out of Blumarkets’s control. In periods of high volatility, this timeframe is subject to significant change. For information on Deposit Timeframes, consider the below for all the above-mentioned Deposit Methods:
- Processing Time: 1-3 Hours (to reach Blockchain Network)
- Blockchain Confirmation: 3-6 Hours (Post-Processing Time)
Deposit Statuses
When you make a deposit, there are the following Payment Status:
- Waiting Approval: Needs to be approved by the platform
- Waiting Confirmation: Is being processed by the blockchain/platform
- Approved: Payment is complete
- Rejected: Payment did not go through
- Cancelled: Payment was manually cancelled.
