How to Deposit

Learn how to deposit LYK tokens into your Homnifi wallet with this guide. Follow the steps for selecting the network, entering details, and confirming your transaction for a seamless experience.

Network Selection

Some cryptocurrencies operate on multiple networks (e.g., Ethereum on ERC-20, Matic, Tron). Select the appropriate network for your deposit. The Homnifi platform provide options for choosing the network along with the cryptocurrency.

1. Currently Supported Network Options:

   • Polygon / Matic: For deposits on Matic Network.

   • ERC-20: For deposits on Ethereum-based ERC-20 token.

   • Arbitrum: For deposits on Arbitrum Network.

   • TRON: For deposits on TRON based TRC-20 Network.

Minimum Deposit Limit

1. The minimum deposit limit for the selected token will be shown.

Generate Address (Only for On-Chain Deposits):

Applicable for deposits of following tokens (Deposit auto converted to USDK):

• USDT

• USDC

• BTC

• Solana

• BNB

Generate address option is applicable for on-chain deposits of USDK.

Select the required source token for deposit (BTC, Solana, BNB, USDT or USDC) and the network. Once the network is selected, click on the generate address button.

A maximum of 5 address can be generated in one day.

• Provide the consent of using the address for one time deposits

• The address QR code and text will be available for copy.

Note: This on-chain address generated is for one time deposit only

Note: If the transferred amount is below the minimum deposit limit, please transfer the remaining funds to the same address to meet the required minimum limit.

Address and QR Code

1. Address: The deposit address for the selected token and network will be provided.

2. QR Code: A QR code will be displayed for easy scanning.

3. Copy: You can copy the address directly from the interface. Click on the "Copy" button next to the deposit address to copy it to your clipboard or you can scan the address from the QR code provided. Be cautious and double-check the address before proceeding to avoid any errors.

Open Your Crypto Wallet (from where you are depositing) {External Platform}

• Open your wallet and navigate to the option for sending or depositing tokens.

Paste the Deposit Address {External Platform}

• In your wallet, paste the deposit address you copied from the Homnifi platform. Ensure that the address matches exactly to avoid sending tokens to the wrong destination.

Enter the Amount to Deposit {External Platform}

• Specify the amount of cryptocurrency you want to deposit. Some exchanges may also provide options for specifying the currency type (e.g., BTC, ETH) or using a fiat equivalent.

The final amount (deducting all the transfer fees or any charges) deposited in the Homnifi platform should be more than the minimum amount specified by the platform.

Confirm the Transaction {External Platform}

• Review the transaction details, including the deposit address and amount, before confirming. Once you are certain, click on the "Confirm" or "Send" button.

Wait for Confirmation {External Platform}

Cryptocurrency transactions may take some time to be confirmed on the blockchain. Monitor your exchange account or wallet for updates on the transaction status.

Deposit Processing Time

1. Time: Deposited tokens will be credited to your account within 2 hours.

Deposit History

1. Recent Transactions: The 3 most recent deposit transactions will be displayed.

2. View All: An option to view the complete transaction history will be provided.

If the amount is not credited to your account wait for 1 additional hour before raising any ticket on the Homnifi platform.

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Congratulations! You have successfully made a crypto deposit. Keep in mind that transaction times and fees may vary depending on the cryptocurrency and blockchain network. Always follow best security practices and use reputable exchanges and wallets to ensure the safety of your Tokens.