This crypto deposit guide covers the fastest way to fund your Volity account if you already hold crypto. Volity supports BTC, ETH, USDT (TRC20 and ERC20), and USDC (ERC20) deposits, plus additional altcoins on their native networks. $0 from Volity; standard on-chain network fees apply.
Crypto deposit guide: supported assets and networks
| Asset | Network | Min confirmations | Typical wait |
|---|---|---|---|
| Bitcoin (BTC) | Bitcoin mainnet | 2 | 20-30 min |
| Ethereum (ETH) | Ethereum mainnet | 12 | 5 min |
| USDT | TRC20 (Tron) | 19 | 3 min |
| USDT | ERC20 (Ethereum) | 12 | 5 min |
| USDC | ERC20 (Ethereum) | 12 | 5 min |
| Litecoin (LTC) | Litecoin mainnet | 6 | 15 min |
| Bitcoin Cash (BCH) | BCH mainnet | 6 | 15 min |
| XRP | XRP Ledger | 1 | < 1 min |
| Solana (SOL) | Solana mainnet | 32 | < 1 min |
| Other altcoins | Native network | varies | varies |
Crypto deposit guide: how to make a deposit
- Open your Volity wallet
- Click “Deposit”
- Select the asset (BTC, ETH, USDT, USDC, etc.)
- Select the network (especially for USDT/USDC: TRC20 vs ERC20)
- Copy the deposit address shown
- Send the asset from your source wallet to that address
- Wait for network confirmations
- Balance appears in your Volity wallet
Network selection (critical)
For USDT and USDC, the network matters:
- TRC20 (Tron): lower fees (~$1), faster confirmation
- ERC20 (Ethereum): higher fees (gas $5-50), slower, more universal
Sending TRC20 USDT to an ERC20 deposit address can result in lost funds. Always verify the network matches at both ends. Volity’s deposit interface displays the selected network clearly; the source wallet must use the same network.
Memo / tag requirements (for some assets)
XRP and a few other assets require a memo or destination tag to identify the recipient on shared deposit addresses. Volity displays the memo if required. Sending without the memo can result in delayed credits or, in rare cases, lost funds (recoverable via support but with delays).
Always include any required memo. The deposit interface flags this.
Costs
- Volity deposit fee: $0 across all supported crypto
- Network fees: paid by the sender (your external wallet or exchange), goes to network validators/miners
- Minimum deposit: typically the network’s dust threshold (very small amounts may not credit)
Confirmation delays
Each blockchain has its own confirmation requirements:
- Bitcoin: 2-block confirmation typically takes 20-30 minutes
- Ethereum: 12-block confirmation typically takes 5 minutes
- Tron (TRC20): 19-block confirmation typically takes 3 minutes
During network congestion, confirmation times can extend significantly. Volity does not control network speed.
After deposit: what you can do
Once the balance appears in your Volity wallet:
- Hold indefinitely at $0 monthly fee
- Convert to USD, EUR, or another crypto at 1% FX
- Trade by transferring (instantly, free) to your Volity MT trading account
- Send to another Volity user (free, instant) or external wallet (network fee)
- Withdraw to fiat via SEPA or SWIFT (after conversion)
The crypto is treated as your asset under segregated client custody.
Tax considerations
Crypto deposits to Volity are not themselves taxable events, you are moving an asset between wallets you control. Tax obligations arise when you sell, convert, or otherwise dispose of the crypto. Maintain records of:
- Acquisition date and cost basis (when you originally bought the crypto)
- Transfer date to Volity (for record-keeping)
- Later disposal date and price (for capital gain/loss calculation)
Volity provides annual statements covering activity on the platform. The cost basis from before your Volity deposit comes from your prior records.
Security
- Cold storage for the majority of Volity’s crypto custody, with hot-wallet portion sized for operational needs only
- Segregated client accounts separated from Volity operational funds
- CySEC 186/12 regulatory framework via UBK Markets
- 2FA required for withdrawals
- Address verification at the user-interface level to reduce mistake risk
Key takeaways
This crypto deposit guide covers Volity’s supported assets (BTC, ETH, USDT, USDC, plus 12+ altcoins) and the network selection that matters for USDT and USDC. Following the crypto deposit guide correctly avoids the most common loss scenario: sending on the wrong network.
Three core points from the Volity crypto deposit guide:
- Always verify the network matches at both ends (TRC20 vs ERC20 for USDT/USDC)
- Crypto deposit guide reference: Bitcoin 20-30 min confirmation, Ethereum ~5 min, Tron ~3 min, Solana <1 min
- Crypto deposits are not themselves taxable events; record cost basis from your prior holdings for future disposal tax calculation
Sources
Related Volity payments pages
- SEPA Crypto Transfers: Free EUR
- Free Internal Transfers: Instant Volity-to-Volity
- FX Conversion Fee: 1% Across All Swaps
Related Volity wallet pages
- Multi-Currency Wallet
- USDT Wallet
- Buy Crypto with Card
- Sell Crypto for Cash
- Crypto to Fiat Off-Ramp
- Fiat to Crypto On-Ramp
- Send Crypto on Volity
Frequently asked questions
Are crypto deposits free on Volity?
Yes. Volity charges $0 for deposits across all supported crypto assets. On-chain network fees apply to the sender (paid to the blockchain network, not to Volity).
What crypto can I deposit to Volity?
BTC, ETH, USDT (TRC20 and ERC20), USDC (ERC20), LTC, BCH, XRP, SOL, and 12+ other altcoins on their native networks. Full supported asset list available in your wallet’s deposit interface.
How long does a crypto deposit take to confirm?
Depends on the network: BTC 20-30 minutes, ETH 5 minutes, Tron TRC20 3 minutes, Solana under 1 minute, XRP under 1 minute. During network congestion, times can extend.
What is the minimum crypto deposit?
Typically the network’s dust threshold (e.g., 0.00001 BTC, 0.001 ETH). Very small amounts may not credit due to dust thresholds. Volity does not set an additional minimum on top of network minimums.
Can I deposit USDT on TRC20 to an ERC20 address?
No. Sending USDT on the wrong network can result in lost funds. Always verify the network matches at both ends, the deposit interface clearly displays which network you have selected.
Do I need a memo or destination tag?
For some assets (XRP, BNB Beacon Chain) yes. Volity’s deposit interface displays the memo if required. Sending without a required memo can delay or in rare cases lose the deposit.
Are crypto deposits to Volity taxable?
Crypto deposits to Volity are not themselves taxable events, you are moving an asset between wallets you control. Tax obligations arise when you dispose of the crypto (sell, convert, spend). Maintain cost-basis records from your prior holdings.
