How to deposit crypto into Usko, and why the network matters
How crypto deposit addresses work, how to pick the right network, and the checks that stop you from losing a transfer.
What you need first
- A verified Usko account.
- Crypto in another wallet or on another exchange, ready to send.
- A few minutes and no distractions. Blockchain transfers cannot be undone.
Please check availability first. On-chain deposits are being switched on network by network, and not every coin is open yet. If the Deposit screen does not show your coin and network, do not send anything — there is nowhere for it to arrive. Today, most people fund an account through the P2P marketplace, covered in its own guide. The steps below apply as soon as your coin and network appear on the deposit screen.
What a deposit address actually is
A deposit address is a long string of letters and numbers that works like an account number for one particular coin on one particular blockchain. Anything sent to it arrives in your Usko wallet. It is safe to share, but it must be copied exactly.
Why the network matters so much
The same coin can exist on several different blockchains. A stablecoin, for example, might be available on more than one network at once. Each network has its own addresses, its own speed and its own fee.
If you send on a network that Usko does not list for that coin, the funds usually cannot be recovered. This is the single most common way beginners lose money, and it has nothing to do with which exchange you use.
Step 1 — Open the deposit screen
Go to Wallet and select Deposit. Choose the wallet type you are funding, then find your coin in the list.
Step 2 — Choose the network
Usko shows the networks available for that coin. Pick the one that the sending side also supports. If you are sending from another exchange, open its withdrawal screen in another tab and compare the two lists before you choose.
Step 3 — Copy the address, and the memo if there is one
- Use the copy button rather than typing the address by hand.
- Some coins also show a memo or tag — a short extra code. If one is shown, it is not optional. A transfer without it may not be credited automatically.
- Paste both into the sending wallet, then compare the first four and last four characters on both screens.
Step 4 — Send a small test amount first
The first time you use a new address, send a small amount and wait for it to arrive. Then send the rest. The cost of the extra network fee is trivial compared with losing the whole transfer.
Step 5 — Wait for confirmations
A blockchain transfer has to be confirmed by the network before it is credited. How long that takes depends entirely on the network you chose — some are a few seconds, others considerably longer. You can watch the progress in your deposit history.
Step 6 — If it has not arrived
- Check the transaction on the sending side. If it has not left, the problem is there.
- Confirm the network you actually used matches the one you selected on Usko.
- Check whether a memo or tag was required and left out.
- Give the network time — a busy blockchain is slow, not broken.
- Still nothing? Contact support with the transaction reference from the sending wallet. That reference is what lets anyone actually investigate.