How to Deposit Crypto on FlipEx: Step-by-Step Wallet Guide
Supported assets, networks, deposit addresses, and what to expect after sending
Quick Answer: To deposit crypto on FlipEx, open the app, go to your wallet, select your asset, tap Receive, and copy your unique deposit address. Send from any compatible wallet. FlipEx notifies you by push notification and email on the first on-chain confirmation. Your balance is credited upon full confirmation.
Before You Deposit — What You Need
Depositing crypto on FlipEx requires Tier 1 verification — email and phone only. No BVN or NIN needed to deposit. To sell crypto on FlipEx after depositing, you will need at least Tier 2 (BVN) verification. See the full guide on how FlipEx account verification works if you have not yet completed your tiers.
Supported Crypto Assets and Networks
FlipEx supports the following assets and networks. Always confirm you are sending on the correct network before initiating a transfer — sending on an unsupported network means funds will not arrive in your wallet.
- Bitcoin (BTC): BTC Native Network, BEP-20 (BSC)
- Ethereum (ETH): ERC-20
- Litecoin (LTC): LTC Native Network
- USDT (Tether): TRC-20 (Tron), ERC-20 (Ethereum), BEP-20 (BSC), Solana
- USDC: BEP-20 (BSC), TRC-20 (Tron)
- TRX (Tron): TRC-20 (Tron Native)
- BNB: BEP-20 (BSC)
- Dogecoin (DOGE): DOGE Native Network
- Cardano (ADA): ADA Native Network
- Solana (SOL): Solana Native Network, BEP-20 (BSC)
- TON: TON Native Network
Important: match the network on your sending wallet to the network shown on your FlipEx deposit address. A mismatch means funds are sent to an address on a different blockchain.
Your FlipEx Deposit Address
Every FlipEx account is assigned a permanent deposit address for each supported asset and network. Your address is generated when you sign up and does not change — you can use the same address for every deposit of the same asset on the same network.
This means you can share your FlipEx deposit address with clients, freelance platforms, or P2P counterparties and receive funds directly to your FlipEx wallet without generating a new address each time.
How to Deposit Crypto on FlipEx — Step by Step
- Open the FlipEx app. Log in to your account. Download at flipexapp.com/download if you have not yet installed it.
- Go to your wallet and select your asset. Tap the asset you want to receive — BTC, USDT, ETH, or any other supported coin.
- Tap 'Receive'. This opens your deposit address for that asset. If the asset supports multiple networks — like USDT — select the correct network first. USDT on TRC-20 and USDT on ERC-20 have different deposit addresses.
- Copy your deposit address or scan the QR code. Use the copy button to avoid typos. If your sending wallet supports QR scanning, use that for additional accuracy.
- Open your external wallet and initiate the transfer. Paste your FlipEx deposit address as the recipient. Confirm the network matches. Enter the amount and send. See how to sell crypto from Trust Wallet on FlipEx for a detailed sending walkthrough.
- Wait for on-chain confirmation. FlipEx sends a push notification and email as soon as the first on-chain confirmation is detected. Your balance is credited once full confirmation is complete. BTC may take longer than other assets due to network congestion — this is normal.
- Your balance appears in your FlipEx wallet. Once credited, tap Sell, select your asset, enter the amount, and confirm. Naira is credited to your wallet instantly.
Minimum Crypto Deposit and Sell Amounts on FlipEx
There is no enforced minimum deposit amount on FlipEx. However, a minimum sell amount of $1 applies across all assets — you can deposit any amount, but sales are only processed once the balance is worth at least $1 at the current rate.
For BTC, a guidance note in the app recommends a minimum of 0.00005 BTC (approximately $5 at current prices). This is advisory, not a hard block — smaller amounts can be deposited and sold once they meet the $1 minimum sell threshold.
What to Expect After Sending Crypto to Your FlipEx Wallet
- First confirmation alert: FlipEx sends a push notification and email immediately. Your balance is not yet credited but the incoming transaction is visible.
- Full confirmation — balance credited: Confirmation time varies by network. Tron-based assets (TRX, USDT TRC-20) are typically the fastest. Bitcoin takes longer due to block time and network congestion.
- Sell immediately: Once credited, go to Sell, select the asset, and confirm. Naira arrives in your FlipEx wallet instantly. Withdraw to any Nigerian bank account with no fees.
Important: Always Verify the Network Before Sending
The most common cause of a deposit not arriving is sending on the wrong network. If you send USDT on BEP-20 to a FlipEx USDT TRC-20 address, or send on any network not listed for that asset, the transaction will not arrive in your wallet automatically.
The only way to prevent this is to check the network before you send. It takes five seconds. Match the network label on your FlipEx deposit address exactly to the network selected in your sending wallet.
Before sending, read the network label on your FlipEx deposit address carefully. If it says TRC-20, your sending wallet must also be set to TRC-20. One wrong network selection can cost you your funds.
Frequently Asked Questions
Does my FlipEx deposit address change?
No. Your FlipEx deposit address for each asset and network is permanent — generated when you sign up and unchanged for all future deposits.
How long does a crypto deposit take to arrive?
It depends on the network. Tron-based assets typically confirm within seconds. Ethereum takes a few minutes. Bitcoin takes longer depending on network congestion and the transaction fee set by the sender. FlipEx notifies you on first confirmation so you can track the incoming deposit in real time.
Do I need BVN verification to deposit crypto?
No. Crypto deposits are available at Tier 1 — email and phone verification only. You need Tier 2 (BVN) to sell your deposited crypto and withdraw naira. See how FlipEx account verification works for the full tier breakdown.
Can I deposit from Binance, Trust Wallet, or Coinbase?
Yes — from any wallet that supports the asset and network you are sending. Copy your FlipEx deposit address, paste it as the recipient in your sending wallet, confirm the network matches, and send. For a Trust Wallet specific walkthrough, see how to sell crypto from Trust Wallet on FlipEx.
What is the minimum amount I can sell on FlipEx?
The minimum sell amount is $1 worth of any asset at the current rate. There is no minimum deposit — but sales are only processed once the balance meets the $1 threshold.
Ready to Deposit Crypto on FlipEx?
Depositing crypto on FlipEx takes under two minutes. Open the app, select your asset, copy your permanent deposit address, and send from any compatible wallet. Once confirmed, sell your crypto on FlipEx and withdraw naira to any Nigerian bank account instantly — no fees, no delays.
Check today's live crypto rate at flipexapp.com/rate-calculator before sending — know exactly what your deposit is worth in naira before you transfer.