How to Deposit Crypto to Your Midas Wallet
Receive cryptocurrency from external wallets or exchanges into your Midas Spot wallet across 14 supported blockchain networks.
Two fields decide whether a deposit arrives: the asset and the network. Everything else on the screen is convenience. Copy the address at the moment you send rather than from a note you saved last month, match the network on both sides exactly, and send a small test first when the amount matters.
Before you start
- An external wallet or exchange account holding the asset you want to move.
- A network both sides support for that asset — the sending side decides what is possible as much as Midas does.
Navigate to the Deposit Screen
Open the Wallets tab and tap 'Deposit'. You can also navigate to a specific asset page and tap the deposit button there. The deposit screen lets you select the asset and network for your incoming transaction.
Select the Asset
Choose the cryptocurrency you want to deposit from the asset list. Popular options include BTC, ETH, USDT, SOL, and XRP. Use the search bar to quickly find your asset.
Choose the Correct Network
Select the blockchain network matching the one you are sending from. For example, USDT is available on Ethereum (ERC-20), Tron (TRC-20), Polygon, Arbitrum, Base, and Solana. Sending on the wrong network will result in lost funds. Double-check this before proceeding.
Copy or Scan the Deposit Address
Midas generates a unique deposit address for each asset-network combination. Tap 'Copy Address' to copy it, or display the QR code for scanning. Some networks (such as XRP or Cosmos) also require a destination tag or memo, which must be included in your transaction.
Track Your Deposit
After sending from your external wallet, navigate to Wallets > History to monitor the transaction status. The screen shows pending confirmations and estimated time to credit. Confirmation requirements vary by network: Bitcoin requires 2 confirmations, Ethereum requires 12, while Tron and Solana are typically confirmed within seconds.
If something goes wrong
- The funds left the sending wallet but have not appeared.
- Look up the transaction hash on the network explorer. Unconfirmed means you are waiting on the chain; confirmed but missing for a long stretch is worth raising with support, hash in hand.
- You sent on a network Midas does not support for that asset.
- Contact support with the hash before doing anything else. Recovery is sometimes possible, never guaranteed, and always slower than the two minutes a test transfer would have taken.
- The asset needs a memo or tag and you omitted it.
- Raise it with support immediately with the hash. Transfers without the tag land in a shared account and have to be matched by hand.
Frequently asked questions
- Why does the deposit address change between visits?
- Some assets issue a fresh address per deposit. Both old and new normally keep working, but copying fresh each time avoids the case where they do not.
- How many confirmations before I can trade the balance?
- It varies by asset and is shown on the deposit screen as the count climbs. Faster chains clear in a minute or two; Bitcoin takes longer under load.
- Is there a minimum?
- Usually, and it is printed on the screen for the asset you chose. Below it, the transfer can fail to credit.