Deposit
Overview
To trade on Starzip, you must first deposit supported assets into the Starzip settlement contract. The settlement contract is a smart contract on the BNB Smart Chain (BSC) network that holds your trading balance. Funds remain under your control and can be withdrawn to your wallet at any time.
Before You Deposit
- Your Starzip account is created and you are signed in.
- Your EVM wallet is connected to your Starzip account.
- Your wallet holds the asset you wish to deposit on the BSC network.
- Your wallet holds a small amount of BNB to cover gas fees on BSC.
Supported Deposit Assets
Starzip accepts USDT and USDC as quote currencies for trading. Ensure the asset in your wallet is on the BSC network before depositing.
| Asset | Network | Use |
|---|---|---|
| USDT | BSC | Trading quote currency |
| USDC | BSC | Trading quote currency |
| BNB | BSC | Gas fees only (not deposited) |
How to Deposit
- Connect your wallet to Starzip if you have not already done so.
- Navigate to the Deposit section in the app.
- Select the asset you wish to deposit (USDT or USDC) and enter the amount.
- Review the transaction details, including the estimated gas fee in BNB.
- Confirm and sign the transaction in your wallet. This approves the transfer from your wallet to the settlement contract.
- Wait for the transaction to be confirmed on the BSC network. Confirmation typically takes a short time; exact timing depends on current network conditions.
- Once confirmed, your trading balance on Starzip is updated and you can begin trading.
Network Requirement
If a deposit does not arrive, find the transaction hash and contact Support. A transfer sent on the wrong network or to a wrong address cannot be recovered by anyone, including Starzip.
Gas Fees
Each deposit requires a gas fee paid in BNB on the BSC network. Fees may vary depending on network congestion at the time of the transaction.