Curious about how to easily deposit crypto into your account via the app? Don’t worry, we will guide you step by step through the process. Whether you are new to the world of cryptocurrency or just want to transfer assets, depositing crypto with our app is quick and easy. In this guide, we will show you exactly how to add crypto to your account so you’ll be ready to trade or hold in no time. Let’s get started!
Start your Knaken app and go to the homepage via the home icon in the bottom left corner.
Are you on the homepage? Great! Now tap on ‘Deposit’ to begin the process.
Select the cryptocurrency you want to deposit from the list. Make sure to choose the correct coin to avoid potential mistakes.
A unique deposit address will be generated for the chosen cryptocurrency. Carefully copy this address or scan the QR code if you are transferring from another mobile device.
Use the copied address to transfer your cryptocurrency from your external wallet or exchange. Check the address carefully before sending to ensure it matches exactly.
Once the transaction is confirmed on the blockchain, your crypto will be reflected in your Knaken account. The confirmation time may vary depending on network congestion and the specific cryptocurrency.
Pro Tip: Check the details carefully: It is crucial to verify the deposit address and the type of cryptocurrency before you start the transfer. An incorrect address or wrong coin selection can lead to loss of funds. Be aware of network fees: Make sure you are familiar with the network fees associated with transferring crypto. These can vary depending on the blockchain network, so plan ahead to avoid unexpected costs.
Don’t worry! First check the transaction on the blockchain explorer to see if it was processed correctly. If the issue persists, contact our support team for further assistance.
Deposit limits may vary depending on the specific cryptocurrency and your account type. Make sure to check the limits or fees associated with the crypto you want to deposit before starting the transaction.
The time it takes for your crypto to appear in your account can vary depending on network confirmation times. Usually, it appears within a few minutes, but delays may occur during busy network periods.
Once a cryptocurrency transaction is confirmed on the blockchain, it cannot be canceled. If you believe you made a mistake, contact our support team immediately for advice.
Knaken supports a wide range of cryptocurrencies for deposits. When making a deposit, you will see a list of supported coins. Make sure to choose the correct one for your deposit.
If your deposit does not appear in your Knaken account within the expected confirmation time, check the transaction on a blockchain explorer. If the funds were sent but are not displayed, contact our support team immediately for assistance.
This is just the beginning of your exciting crypto journey. We have made this guide as simple and understandable as possible. However, if you ever need help, our support team is here for you. Dive into the world of crypto with confidence and remember: safety first!
Do you have any questions? Our support team is ready to help! Contact us at [email protected].
Knaken Cryptohandel B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises Knaken Cryptohandel B.V.'s compliance with the Money Laundering and Terrorist Financing (Prevention) Act and the Sanctions Act 1977. Knaken Cryptohandel B.V. is not subject to prudential supervision by DNB or conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and there is no specific financial consumer protection.
Investing in crypto-related products involves significant risks.
