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Powered by GitBook
On this page
  • Step 1. Select Source
  • Step 2. Select an Asset to Receive / Deposit
  • Step 3. Select an Asset to Use (Current or Other Chain)
  • Step 4. Enter the Amount to Receive
  • Step 5. Complete the Deposit
  • Congrats!
  • FAQ
  • What are the fees?
  • How long does it take?
  • What about slippage when swapping assets?
  • Exchange & Credit Card Deposits
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  1. Tutorials

Deposits - Powered by Fun.xyz

PreviousOne-Click TradingNextTrading Basics

Last updated 1 day ago

Vertex has partnered with to offer a powerful multi-source deposit experience.

  • Wallet: Deposit assets from multiple chains. Swap, bridge, and deposit in one transaction.

  • Centralized Exchange: Deposit assets from exchanges such as Coinbase and Binance

  • Card: Deposit using a credit or debit card.


Step 1. Select Source

The first step is to choose where you want to deposit from.

  • Wallet: Use tokens in your connected wallet. This includes assets on the current chain and other supported chains.

  • Centralized Exchange: Deposit assets that you hold on an exchange such as Coinbase or Binance.

  • Card: Deposit assets using a credit or debit card.

The following steps cover the Wallet source method. For Exchange and Card methods, please see the final section.


Step 2. Select an Asset to Receive / Deposit

  • This is the asset you want receive / deposit into your Vertex account.

  • Example:

    • Select USDC if you want to receive USDC in your vertex account.

    • Select VRTX if you want to recieve VRTX.


Step 3. Select an Asset to Use (Current or Other Chain)

  • This is your source asset and will be transferred, bridged, and or swapped into the destination asset you specified in Step 2.

  • The drop-down will show you all available supported assets in your wallet. These include those on your current network as well as tokens that may be used on other supported chains.

  • Select an available supported asset to use as a source.

Examples

Imagine you want to receive USDC on Vertex Arbitrum. Fun supports four asset types:

Same asset on same chain

  • Transfer existing USDC on Arbitrum -> Direct deposit to your account

Different asset on same chain

  • Use wBTC on Arbitrum -> wBTC is swapped for USDC before depositing

Same asset on a different chain

  • Use USDC on Ethereum -> USDC (Ethereum) is bridged to USDC (Arbitrum) and deposited

Different asset on a different chain

  • Use wBTC (Ethereum) -> wBTC (Ethereum) is bridged and swapped for USDC on Arbitrum and deposited


Step 4. Enter the Amount to Receive

  • On the next screen, enter the USD amount of the asset you want to receive

  • You will be presented with a quote displaying how much of your source asset you will send and how much of your destination asset you will receive.

  • Fun’s Checkout is "exact-out," meaning you will receive exactly the amount quoted.


Step 5. Complete the Deposit

  • After reviewing the deposit details, you can complete the deposit by pressing deposit.

  • You will then be prompted to sign the transaction in your wallet

Congrats!

You have finished the deposit and will see the assets in your account momentarily.


FAQ

What are the fees?

How long does it take?

Same Chain

Different Chain

Same Token

Direct Deposit - confirmed in one block.

Displayed on the Vertex front-end in ~30 seconds.

Confirmed in a few blocks. Displayed on the Vertex front-end in 2 minutes.

Different Token

Confirmed in a few blocks Displayed on the Vertex front-end in 2 minutes.

Confirmed in a few blocks Displayed on the Vertex front-end in 2 minutes.

What about slippage when swapping assets?

Slippage varies depending on market conditions and the asset used to deposit.


Exchange & Credit Card Deposits

Users can deposit from exchanges, such as Binance and Coinbase, as well as using credit and debit cards.

The fees will vary based on the token and chain you are using as your source asset. For more information on Fun’s fees, please refer to the . Please ensure to check the quoted amount before completing the transaction.

All costs can be reviewed in the transaction breakdown drop-down section of ’s deposit modal before you select “Confirm Order.”

Please refer to for how to connect exchange and credit and debit cards.

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