How to fund an account at the Bitpapa exchange?

Funding an account on a cryptocurrency exchange Bitpapa is available after registering and connecting two-factor authentication. Once you have registered on the site and connected two-factor authentication, you can make a deposit and start trading. At bitpapa.com Cryptocurrency deposits and token purchases for fiat are available.

Replenishment in cryptocurrency

To recharge your account at crypto exchange, log in to the platform and enter your personal cabinet. Here, select the token you want to use to top up your balance. Open the token page and click “Get” button. If this is the first deposit in the selected cryptocurrency, you will need to generate a crypto address. After that, copy the address and paste it in your cryptocurrency wallet to complete the transaction. Confirm the transfer. Funds will be credited to your balance after verification. You can top up your balance at:

• BTC – funds are received after two confirmations of the network.
• ETH – funds are transferred to the balance after 25 confirmations of the network.
• USDT – supported USDT protocol: ERC-20.

After the transaction is verified, the money will go to the cryptocurrency wallet. Please note that if incorrect crypto-address is specified, the transaction cannot be cancelled and the money will be lost.

Replenishment for fiat

More recently, Bitpapa cryptocurrency exchange added the function of buying tokens for fiat. Thanks to this feature, it became possible to top up your cryptocurrency account with the usual payment methods, such as credit or debit card, Apple Pay or Google Pay. To top up your account for fiat currency, log in to your personal cabinet. Follow the link “Buy cryptocurrency by credit or debit card”. Then follow the instructions:

• Specify the payment amount and select a fiat currency.
• Specify the purchase amount and select a coin.
• Select the method of payment and specify the payment details.

You can buy cryptocurrencies for USD, RUB, EUR, UAH, BYN, KZT and UZS. Buying tokens for fiat on the service is available only to verified users. The minimum purchase amount is 2265 rubles.

How do I get verified?

Verification of identity on the platform is not mandatory. But without verification, some functions, including cryptocurrency purchase for fiat are not available. To use crypto exchange functionality to the fullest extent, you need to pass KYC verification. Instructions for identity verification:

• Select your country of residence.
• Specify the identity document (passport, driver’s license, residence permit, ID card).
• Upload a photo of your identification document. The photo must be clear. All corners of the document must be visible.
• Take selfies with an ID card. There must be one person in the photo. Face and document must be clearly visible.

After uploading your documents, submit them for verification. Verification takes 3 business days. Upon verification, you will receive a notification that your identity has been verified. After that, you will be able to buy cryptocurrencies from your bank card. Also, passing KYC will increase other users’ trust in your account and open a wide range of transactions.

The time to credit cryptocurrencies to your account depends on the method of deposit. When paying by bank card, it takes 5 minutes. When depositing from a cryptocurrency wallet, the time may increase due to waiting for network confirmations. Also read on our website how to register on bitpapa.com, trade on the exchange and how to withdraw earnings.