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Deposit & Withdrawal (On/Off-Ramp)

Updated over 2 months ago

1. Fiat Currency Deposit Support
Currently, only USD deposits are supported. Deposits must be made from an external account under the same name as the registered merchant entity. Deposits from non-matching accounts will be refunded to the original source.

2. Fiat USD Transfer-Out Processing Time
Currently, USD can only be transferred out back to the balance in your UQPAY Banking account. For subsequent fiat currency transactions, you may use the UQPAY Banking features to handle currency exchange and payments.

3. Crypto Single Deposit Limit
The minimum single deposit amount is 10 USDT/USDC/XUSD or its equivalent.

4. Supported Blockchains for Crypto Deposits
Currently supported deposit options include:

  • USDT on Tron, Ethereum, and BSC (Binance Smart Chain) networks;

  • USDC on Ethereum and BSC (Binance Smart Chain) networks;

  • XUSD on Ethereum and BSC (Binance Smart Chain) networks.

5. Supported Blockchains for Crypto Withdrawals
Currently supported withdrawal options include:

  • USDT on Tron, Ethereum, and BSC (Binance Smart Chain) networks;

  • USDC on Ethereum and BSC (Binance Smart Chain) networks;

  • XUSD on Ethereum and BSC (Binance Smart Chain) networks.

6. Crypto Withdrawal Processing Time
USDT/USDC/XUSD withdrawals: T+0 (Instant processing).

7. Notes on Adding Entries to the Address Book
When adding an address, please ensure that the Network, token/coin, and address are all correctly matched. Incorrect information may result in loss of assets.

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