Depositing

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 that Demex is also an Layer 1, 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 blockchains.

After you connect your wallet, click 'Deposit' in the top right-hand corner to begin depositing.

Option 1: Deposit from any CEX or wallet via token transfer

Deposit from any Centralized Exchanges (CEXs) or external wallet via your unique deposit address.

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:

• Ensure you only send the selected token on the selected chain

• Recovery of incorrectly sent tokens is not currently supported

• While your deposit address is secured using advanced encryption methods, the private key cannot be revealed to users for security reasons

Step 3: Your funds will be deposited after a short while. Track the deposit status on your transfers page.

Option 2: Deposit by connecting a DeFi Wallet

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.

Step 2: Click "Deposit", and then verify and confirm the transaction that appears on the pop-up window of your wallet.

Step 3: Your funds will be deposited after a short while. Track the deposit status on your transfers page.

Option 3: Swap + Deposit

Swap any asset from any chain into your preferred asset on Demex via the Skip protocol.

Step 1: After clicking "Deposit" in the navbar, click on "Cross-Chain Swap".

Step 2: 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 3:

• 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 4: Your funds will be deposited after a short while. Track the deposit status on your transfers page.