Deposits and withdrawals
A Wallet is your central hub for managing funds within Deriv. You can deposit, store, transfer, and withdraw money using your Wallet. You’ll be able to deposit into your Wallet with USD or your preferred cryptocurrency.
You can deposit into your Wallet using different methods depending on your preference.
Deposit methods include:
- Card
- E-wallet
- Bank
- Crypto
Supported deposit currencies include:
- US Dollar
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- USD Coin (USDC)
- eUSDT
- tUSDT
- XRP
When you select a currency, you’ll see the available methods for that option.
You can deposit funds into your Deriv wallet using different methods, including crypto, e-wallets, and bank transfers.
1. Go to Wallet
On the home screen, select Wallet. Choose Deposit from the options shown.
2. Choose your deposit currency
On the Deposit screen, select the currency you want to deposit. Options include US dollar, Bitcoin, Ethereum, Litecoin, USD Coin, eUSDT, tUSDT, and XRP.
3. Select a deposit method
Based on your chosen currency, you'll see available payment methods tailored to your selection. Select your preferred method from the list.
For USD deposits, available methods include:
Traditional payment options:
- Card - Credit/debit card payments for instant deposits
- E-wallet - Popular digital wallet services
- Bank - Direct bank transfers
- Deriv P2P - Peer-to-peer payment system
Cryptocurrency options:
- Bitcoin - Direct Bitcoin blockchain deposits
- Ethereum - Ethereum network deposits
- USD Coin - USDC stablecoin deposits
- eUSDT/USDT - Tether stablecoin options
- XRP - Ripple network deposits
4. Complete your deposit
Follow the on-screen instructions to finish your deposit. Once the transaction is successful, you’ll see a Deposit successful screen with the deposited amount added to your wallet balance.
5. Deposit successful
Go back to your Wallet screen to view your new balance. The amount you deposited will be displayed under the currency you selected.
Making a cryptocurrency deposit allows you to fund your Deriv account using digital currencies like Bitcoin, Ethereum, or other supported cryptocurrencies. You'll receive a unique wallet address to send your crypto to, and funds typically appear in your account after blockchain confirmation.
1. Access cryptocurrency deposit options
You'll start by navigating to the deposit section and selecting cryptocurrency as your funding method.
2. Choose your cryptocurrency
Select the specific cryptocurrency you want to deposit from the available options.
Available cryptocurrency options:
- Bitcoin (BTC) - Most widely accepted cryptocurrency
- Ethereum (ETH) - Second largest cryptocurrency by market cap
- USD Coin (USDC) - USD-backed stablecoin
- Litecoin (LTC) - Fast transaction cryptocurrency
- eUSDT - Euro Tether stablecoin
- USDT - USD Tether stablecoin
- XRP - Ripple network cryptocurrency
When selecting your cryptocurrency:
- Consider transaction fees - different networks have varying fee structures
- Review processing times - blockchain confirmation times vary
- Check minimum deposit amounts - each cryptocurrency may have different minimums
3. View your deposit details
Once you select your cryptocurrency, you’ll see your unique wallet address for your deposit.
Using this deposit address:
- Scan the QR code with your crypto wallet app for automatic address entry
- Copy the wallet address using the copy icon for manual entry
- Verify the network matches your sending wallet to avoid loss of funds
- Note the minimum deposit requirement to ensure your transaction processes
Important security considerations:
- Double-check the address before sending cryptocurrency
- Verify the network - sending to wrong network results in permanent loss
- Only send the specified cryptocurrency to this address
- Keep the minimum deposit amount in mind to avoid processing issues
4. Complete your transfer
Send the cryptocurrency from your external wallet or exchange to the address shown. Once the transfer is received, you’ll see a message that confirms your deposit has been added to your Deriv wallet.
5. Monitor deposit status
After sending your cryptocurrency, you can track the deposit progress in your Deriv account.
6. Deposit successfully completed
Once your cryptocurrency deposit receives sufficient blockchain confirmations, the funds are credited to your account.
Deposits into your Wallet are typically instant, whether you use a credit/debit card (Visa or Mastercard) or e-wallets like Skrill and Neteller. The moment your payment is confirmed, the funds will appear in your Wallet balance.
The minimum deposit and withdrawal amount varies depending on the payment method. The lowest deposit amount is 5 USD to your Wallet. You’ll see the minimum and maximum deposit and withdrawal amounts when you select the payment method when you want to make a deposit.
There are no fees for deposits into your Deriv Wallet. For withdrawals, your selected payment method may charge withdrawal fees. This will depend on your selected withdrawal method.
You can transfer up to 10,000 USD per day between your Deriv Wallet and trading accounts, as well as between your Wallet currencies.
Here’s how the limits work:
Wallet to Wallet (currency to currency):
- Up to 10 transfers per day
- Minimum per transfer: 1 USD
- Maximum per transfer: 10,000 USD
- Cumulative daily limit: 10,000 USD
Wallet to trading account:
- Up to 10 transfers per day
- Minimum per transfer: 1 USD
- Maximum per transfer: 10,000 USD
- Cumulative daily limit: 10,000 USD
Once you reach the daily limit, you’ll need to wait until the next day to make another transfer. These limits help keep your transactions secure and ensure smooth processing across all accounts.
You can transfer funds to a trading account in two ways:
- From your Wallet (starting in the Portfolio tab)
- From the trading account directly
From your Wallet
1. Choose the currency to transfer from
Go to your Portfolio. In the Wallet tab, select the currency you want to transfer from (for example, USD). Then choose Transfer.
2. Choose the trading account to transfer into
On the Transfer screen, select the trading account you want to transfer into (for example, MT5 Standard).
3. Enter the transfer amount
Type the amount you want to transfer. You can also use the quick-select options (25%, 50%, 75%, or 100%).
4. Review and confirm
Check the details of your transfer, including the amount and destination. When everything looks correct, select Confirm.
5. Complete the transfer
A confirmation screen will appear showing Transfer successful. Your trading account balance will be updated, and you can start trading immediately.
From your trading account
1. Select the trading account to fund
Go to the trading account you want to transfer into and select Transfer.
2. Choose the currency to transfer from
On the Transfer screen, select the Wallet currency you want to transfer from (for example, USD).
3. Enter the transfer amount
Type in the amount you want to transfer. You can also use the quick-select options (25%, 50%, 75%, or 100%).
4. Review and confirm
Check the details of your transfer. Select Confirm to proceed.
5. Complete the transfer
A confirmation screen will appear showing Transfer successful. Your trading account balance will be updated.
