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Why is there a minimum deposit amount for non-BTC?

Publicado el 16 oct 2024Actualizado el 30 oct 2024lectura de 2 min1

The minimum deposit amount is set to ensure the financial efficiency and effectiveness of each transaction, avoiding management costs and fee wastage from small deposits.

  • Transaction efficiency:

    • The platform sets a minimum deposit amount to ensure that each deposit has a certain financial value, preventing increased management costs due to small deposits.

  • On-chain deposit logic:

    • Our platform is a centralized exchange, so when you deposit funds to your account address, they will only be credited once it meets the required aggregation conditions. If the amount is too small, the funds cannot be aggregated because the address balance may not be sufficient to cover the miner fees for an on-chain transfer.

  • System management:

    • The minimum deposit amount helps the platform manage asset flows better and prevents system strain caused by small deposits.

Note: please confirm the minimum deposit amount before making a deposit to ensure smooth transactions.