How to Deposit Cryptocurrency to RedotPay

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Depositing cryptocurrency into your RedotPay wallet is a straightforward process when you follow the correct steps. Whether you're transferring USDT or another supported digital asset, understanding network compatibility, minimum thresholds, and best practices ensures fast and secure transactions. This guide walks you through every step—from selecting the right blockchain network to confirming your deposit has been successfully credited.

Step-by-Step Guide to Deposit Crypto to RedotPay

1. Open the RedotPay App and Navigate to Deposit

Launch the RedotPay app on your device. From the home screen, tap on "Home", then select "Deposit". This will open the deposit interface where you can choose which cryptocurrency you'd like to add to your wallet.

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2. Select Your Cryptocurrency (Example: USDT)

Choose the digital currency you wish to deposit. For this example, we’ll use USDT (Tether)—one of the most widely used stablecoins for fast and low-cost transfers.

3. Choose the Correct Network for USDT

After selecting USDT, you'll need to pick the appropriate blockchain network. It's crucial to get this right, as using an unsupported network may result in lost funds.

Currently, RedotPay supports the following for USDT deposits:

Important Notes:

For this guide, we’ll proceed with USDT-TRC20.

❗️Warning: Sending crypto via an unsupported network (like ERC20 or BEP20) could lead to permanent loss of funds. Always double-check before confirming any transaction.

4. Copy Address or Scan QR Code

Once you've selected the correct network, you’ll be provided with a unique deposit address and a QR code.

You have two options:

Both methods lead to the same outcome—just make sure no characters are altered if copying manually.

🔔 Reminder: The minimum deposit amount for USDT-TRC20 is 1 USDT. However, due to network fees, RedotPay must receive more than 1 USDT after deductions for the transaction to be credited. Deposits equal to or below 1 USDT will not be processed.

5. Initiate Withdrawal from Your Sending Platform (Example: Binance)

Now go to the platform where your funds are currently held—such as Binance.

Open the Binance app, navigate to your Spot Account, and tap "Withdraw".

6. Select Cryptocurrency and Withdrawal Method

Choose USDT as the coin to withdraw and ensure you select on-chain withdrawal (not Binance Pay or other internal transfer methods).

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7. Paste RedotPay Deposit Address and Confirm Network

Paste the deposit address copied from RedotPay into the recipient field.

Then, under network selection, choose TRC20 (Tron)—this must match exactly with what RedotPay specified.

⚠️ Critical: If you select the wrong network (e.g., ERC20 instead of TRC20), your funds may not arrive—or worse, be lost permanently. Always verify both address and network before proceeding.

8. Complete the Withdrawal Process

Enter the amount you'd like to transfer, review all details carefully, and confirm the transaction according to Binance’s security prompts (such as 2FA or email confirmation).

Once confirmed, your withdrawal request is submitted and will be processed by the blockchain.

9. Wait for Confirmation and Check Balance

RedotPay requires 5 network confirmations for USDT-TRC20 deposits to be credited.

Each confirmation typically takes about 1 minute, meaning your deposit should reflect within approximately 5 minutes under normal network conditions.

To check status:

  1. Return to the RedotPay app
  2. Go to Wallet > USDT

If everything went smoothly, your balance should now show the updated amount.

Frequently Asked Questions

Q: What happens if I send USDT via ERC20 or BEP20?

A: RedotPay does not support USDT sent over Ethereum (ERC20) or BNB Smart Chain (BEP20). Transactions using these networks will likely not be credited, and recovery may not be possible. Always use TRC20 only.

Q: Why hasn’t my deposit arrived yet?

A: Delays can occur due to insufficient network confirmations, incorrect network selection, or transactions below the 1 USDT minimum threshold. Verify your transaction ID (TXID) on a blockchain explorer like Tronscan to confirm status.

Q: Can I use Binance Pay to deposit to RedotPay?

A: No, Binance Pay uses its own transfer system and cannot send funds directly to external wallets like RedotPay. You must use a standard on-chain withdrawal.

Q: Is there a fee for depositing crypto to RedotPay?

A: RedotPay does not charge deposit fees. However, the sending platform (like Binance) may deduct a small network fee based on current congestion levels.

Q: How long do TRC20 deposits usually take?

A: Under normal conditions, TRC20 transactions take 1–5 minutes to complete with 5 confirmations. Faster finality makes Tron a preferred choice for stablecoin transfers.

Q: What should I do if I sent crypto to the wrong address?

A: Blockchain transactions are irreversible. If you sent funds to an incorrect or unsupported address, contact RedotPay support immediately—but recovery is not guaranteed.

Key Tips for Safe and Successful Deposits

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Core Keywords

By following this comprehensive guide, you can confidently deposit USDT or other supported cryptocurrencies into your RedotPay wallet while minimizing risks and maximizing efficiency. Remember: accuracy in network selection and attention to minimum thresholds are key to a smooth experience.