How to deposit Tether USDT (ERC-20 and TRC-20)
Axi now offers simple crypto payment options for Tether (USDT) through the TRC-20 (TRON) & ERC-20 (Ethereum) networks.
Tether (USDT) is a stablecoin that is pegged to the US Dollar. It is currently the world’s largest stablecoin, with a market capitalization of nearly $83 billion. As of May 2022, Tether was the third largest cryptocurrency, after Bitcoin & Ethereum.
Use the table below to compare the TRC-20 & ERC-20 crypto payment options and choose the one that’s best for you!
To fund your Axi account using Tether, just follow the steps below!
Step 1: Go to your Client Portal, choose Add Funds from the left-hand menu and select ‘Tether’
Step 2: Enter your cryptocurrency address, click Save Address, and verify it.
- If you use ECR-20 (Ethereum network), your address will start with ‘0x’
- If you use TRC-20 (TRON network), your address will start with ‘T’
Step 3: Select the amount, convert it into your account currency, accept the T&Cs, and continue
Step 4: Scan the QR code / copy the wallet address to your cryptocurrency wallet to complete the transfer
Step 5: Hit Send/Transfer
You’re all done!
The money will be transferred to your account within a few seconds to a few minutes, depending on your payment option.
If you’ve got questions, contact service@axi.com.
FAQ
What types of USDT does Axi support?
Axi supports Tether (USDT) via the Ethereum blockchain (ERC-20) and the Tron blockchain (TRC-20). Payments sent to Axi via other blockchains which support USDT will not be recoverable.
What Cryptocurrencies does Axi support?
Axi supports crypto payments in Tether (USDT), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Stellar (XLM), and Litecoin (LTC).
Are the any fees when depositing cryptocurrencies to my trading account?
You are required to pay the mining costs (on-chain) fees for deposit and withdrawal.
Are there any deposit restrictions?
You can deposit up to USD $100,000 in crypto into your Axi account every 30 days. Deposits greater than this amount will be returned to the customer. If you wish to deposit more, please contact your Axi Account Manager directly. The minimum crypto deposit amount is USD $50.
Are there any withdrawal restrictions?
Crypto deposits are subject to our Return to Source policy. This means you must withdraw your cryptocurrency deposit balance prior to withdrawing profits from your trading account.
What countries are these payments available for?
Our crypto offering is available to all AxiTrader Limited clients, excluding clients from Afghanistan, Albania, Barbados, Belarus, Botswana, Burkin Faso, Cambodia, Cayman Islands, Cuba, Congo, Eritrea, Haiti, Iran, Jamaica, Jordan, Libya, Mali, Morocco, Mozambique, Myanmar, Nicaragua, Pakistan, Panama, Senegal, South Sudan, Somalia, Sudan, Syria, Trinidad & Tobago, Uganda, Vanuatu, Yemen & Zimbabwe.
