Why is there a minimum amount to deposit BTC?
Published on Oct 15, 2024Updated on Oct 30, 20242 min read2
We have the minimum deposit amount for each of the tokens.
Also, we have a specific rule about minimum deposit amount and the solutions.
Reasons:
Operational Efficiency: Setting a minimum deposit amount reduces the volume of small transactions that can burden the exchange's systems. Smaller transactions may require more resources for processing, affecting overall efficiency.
Risk Mitigation: Minimum deposit thresholds help mitigate risks associated with fraud and abuse. By discouraging very small deposits, exchanges can reduce the likelihood of malicious activities, such as using the platform for illicit purposes.