How to Fund an Account
At CPH Crypto you’ll be able to fund your account with either fiat or cryptocurrencies depending on the preferred base currency (USD or BTC) you selected under the registration process. Thus, the transaction method depends on your accounts base currency.
I’ll go through both transaction methods in the following steps:
1. Base currency denominated in bitcoin (BTC)
On the right-hand side of your account, you’ll find your bitcoin address. That’ll be the address that you’ll use to deposit bitcoin into your CPH Crypto account.
Important note: Sending a coin or token other than BTC to this address may result in the loss of your deposit.
Now, copy your address by clicking the copy symbol next to the address and deposit some bitcoin into your CPH Crypto account. Await confirmation, and you'll be able to trade once confirmed.
2. Base currency denominated in fiat (USD)
Again, on the right-hand side of your account and below Deposit BTC you’ll see the option to deposit by either using bank transfer or credit card.
To deposit fiat using bank transfer, simply press Bank transfer and fill out the required information needed to complete the transaction.
- Enter the amount you want to deposit, and the IBAN number the deposit will be sent from. Then click "save"
- Follow the instructions on the screen - here is an example if you are depositing 1000 USD. Wire the amount to the specified IBAN number - and remember to enter the reference number when wiring the money.
- Amount: USD 1000.00
- IBAN number: DK8254700009686219
- Reference: 123 (your reference number on the screen)
- Await confirmation, and once confirmed you deposit will be ready for trading on your trading account
To deposit fiat using a credit card, simply click Credit card. You'll be redirected to the following page enabling you to complete your purchase.
Lastly, enter the amount you'll like to purchase and click BUY IT NOW. You’ll be redirected to the checkout section to fill out the required information to complete the purchase.
Shortly after, your purchased deposits will be ready to trade.
Still having trouble? Contact us - we are ready to assist!
Now you know how to open and fund an account. Next, you can learn how to trade on CPH Crypto!