More Examples
“I’m just waiting for my deposit to clear at the exchange so I can trade.”
“Fund your account by depositing via wire transfer.”
“Why did the bank reject my exchange deposit?”
Definition(s) from the Web
- Users obtain new Bitcoin addresses from their Bitcoin software. Creating a new address can be a completely offline process and require no communication with the Bitcoin network. Web services often generate a new Bitcoin address for every user, allowing them to have their custom deposit addresses. Source
- You can buy Bitcoin with Bank Transfer or Bank Account online… by depositing via wire transfer. Source
- A deposit is the act of placing cash (or cash equivalent) with some entity, most commonly with a financial institution, such as a bank. The deposit is a credit for the party (individual or organization) who placed it, and it may be taken back (withdrawn) in accordance with the terms agreed at time of deposit, transferred to some other party, or used for a purchase at a later date. Deposits are usually the main source of funding for banks. Source
