This comprehensive guide teaches depositing and withdrawing funds on our trading platform. Discover the steps to ensure easy and secure transactions while protecting your funds. Start trading with confidence today!
How to deposit and withdraw funds from LotusX?
If you are a novice investor and the world of virtual digital assets is still new, then you must read this article to understand how to navigate the LotusX app and manage your funds.
Understanding the Trading Platform: LotusX
Now that you want to use a third-party broker or a trading platform to easily convert your digital currencies or assets into your fiat currency of choice, you must also understand the platform’s dynamics. LotusX enables easy crypto and fiat currency deposit and withdrawals. Generally, the platform takes 24 hours to reflect the stakes in your LotusX account.
To make any changes, such as changing your payment information, send an email to our support staff and they will help you out. Additionally, all deposits and withdrawals in the Indian Rupee are free of charge.
The Deposit and withdrawal process is transparent and secured on LotusX.
How to Use The Platform?
While many trading platforms are available, LotusX is easy-to-use, secure, transparent, and reliable. Learn these easy-to-follow steps on how to use the LotusX trading platform.
Steps to Deposit Crypto
● Log in to your official LotusX account
● Click on “Funds”
● Now select the cryptocurrency you want to deposit.
● Then click the “Receive” option
● You can now see your wallet address and QR code.
● Copy this wallet address and paste it into the other platform you wish to transfer.
● Click ‘Send,’ and you will receive your chosen asset in your LotusXwallet. Steps to withdraw crypto
● Login to your LotusX account
● Click on the “Funds” section
● Click on the asset you wish to withdraw.
● Enter the wallet address and amount
● Click on transfer.
On validating the withdrawal request, your crypto balance will reduce in your LotusX wallet, and the mentioned amount will be sent to your destination address.
If you are a novice investor and the world of virtual digital assets is still new, then you must read this article to understand how to navigate the LotusX app and manage your funds.
Understanding the Trading Platform: LotusX
Now that you want to use a third-party broker or a trading platform to easily convert your digital currencies or assets into your fiat currency of choice, you must also understand the platform’s dynamics. LotusX enables easy crypto and fiat currency deposit and withdrawals. Generally, the platform takes 24 hours to reflect the stakes in your LotusX account.
To make any changes, such as changing your payment information, send an email to our support staff and they will help you out. Additionally, all deposits and withdrawals in the Indian Rupee are free of charge.
The Deposit and withdrawal process is transparent and secured on LotusX.
How to Use The Platform?
While many trading platforms are available, LotusX is easy-to-use, secure, transparent, and reliable. Learn these easy-to-follow steps on how to use the LotusX trading platform.
Steps to Deposit Crypto
● Log in to your official LotusX account
● Click on “Funds”
● Now select the cryptocurrency you want to deposit.
● Then click the “Receive” option
● You can now see your wallet address and QR code.
● Copy this wallet address and paste it into the other platform you wish to transfer.
● Click ‘Send,’ and you will receive your chosen asset in your LotusXwallet. Steps to withdraw crypto
● Login to your LotusX account
● Click on the “Funds” section
● Click on the asset you wish to withdraw.
● Enter the wallet address and amount
● Click on transfer.
On validating the withdrawal request, your crypto balance will reduce in your LotusX wallet, and the mentioned amount will be sent to your destination address.
Can you withdraw INR from LotusX?
Yes, you can withdraw INR from the LotusX platform, with the maximum withdrawal limit being INR 1,00,000 and a minimum of INR 500. All withdrawals on the platform go through a manual processing channel and run in auto mode 24X7.
● Login to your LotusX account
● Head to the “Funds” section
● Select Withdraw tab
● Enter the amount
● Click on withdraw.
Your money will be sent to your bank account in less than a day. You can also check your withdrawal and INR deposit history on the platform.
Can You Deposit INR on LotusX?
Since LotusX is a centralized trading platform, users can deposit INR on the LotusX platform to begin their journey into virtual digital assets.
Here are a few easy steps to begin your investment journey:
● Log in to your LotusX account
● Head to the “Funds” section
● Enter Deposit
● Fill in the amount
● Enter the transaction id.
● Viola! All done!
Important to note is that all withdrawals and deposits on the LotusX platform are free. The platform only charges a bare minimum of 0.30% brokerage fee. This is why you can quickly begin your trading journey without worrying about losing out on profits in hidden charges or fees.
Bottom Line
The crypto market is a volatile market. With our quickie trade option, we enable you to purchase the desired cryptocurrency at the last traded price in the market. Keeping a tight watch on the market and making quick judgments, on the other hand, are crucial. Apart from that, learning to navigate the platform interface can help you ease the process.
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