Depositing
Welcome! Depositing into Demex is now easier than ever!
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Welcome! Depositing into Demex is now easier than ever!
Last updated
Was this helpful?
Depositing to Demex is as simple as depositing to CEXs such as Binance or Bybit.
The reason a "deposit" is needed even though Demex is a DEX, is because Demex is also an L1, and transfer of assets to the Demex chain is required. By doing this, trading on Demex becomes infinitely cheaper and much faster compared to other non-financially specialized, aka general chains.
Before we start, go to Demex, connect your wallet, and click 'Deposit' on the top right-hand corner.
Swap any asset from our supported networks into your preferred asset on Demex, and deposit them.
Step 1: Select the asset, network, and amount you want to swap and deposit in. Select USDC for the bottom asset to receive USD on Demex, then press 'Swap'.
Step 2:
For Cosmos wallets: If you are connected via a Cosmos wallet (i.e., Keplr or Leap), double check the address on Carbon is the same as your signed-in wallet and click 'Confirm'.
For EVM wallets: You will need to copy and input the SWTH address of your account, which is the Cosmos address. The address is presented below.
Step 3: Your funds should be deposited after a short while. You can check the cross-chain transfers page for more details.
Step 1: On the deposit page, select the asset you want to deposit, and the network you want to deposit from. Almost all popular networks should be supported.
You will have to connect the wallet where your assets reside in, then select the amount you wish to deposit.
For the user guide on how to connect your wallet, click here.
Step 2: Click "Deposit", and then verify and confirm the transaction that appears on the pop-up window of your wallet.
To track the status of your transaction after depositing your assets, go to the Crosschain Transfers tab in your user profile.
Experience fast and easy deposits to Demex from centralized exchanges (CEXs) with our unique deposit deposit address. Perfect for users who do not have an existing Web3 or browser wallet.
Step 1: On the deposit page, select the asset to deposit, then select the network you want to deposit from that is supported by your CEX, then click on 'Create Address' to generate your unique address.
Step 2: Go to your preferred CEX and withdraw your selected asset to your unique withdrawal address.
Please note:
It is recommended to do a small transaction first to make sure deposits are received
Only send supported tokens on the selected network
Recovery of incorrectly sent tokens is not currently supported
While your deposit address is secured using advanced encryption methods, the private key cannot be transferred to external wallets for security reasons
Congratulations, you have successfully deposited!
