For traders who value speed, privacy, and low fees, depositing with cryptocurrency is one of the most convenient ways to fund a Deriv account. Whether you’re using Bitcoin, Ethereum, USDT, or another supported coin, crypto deposits are typically fast and don’t come with the delays sometimes seen with traditional banking methods. In this guide, we’ll walk you through exactly how to deposit using crypto on Deriv, step by step, so you can get your funds into your account quickly and securely. If you a new to crypto, a platform like Coingecko has resources to guide you through everything you need to know to keep your wallet secure.
If you still need a Deriv account, create a Deriv account first so you can finish the deposit without stopping later. If you want to check your account status before moving on, see our How to Verify Your Deriv Account.
Step 1: Go to the Deriv Cashier
Log into your Deriv account and click “Deposit” or “Cashier” from the main dashboard.
Step 2: Select Your Cryptocurrency
Choose from the supported cryptocurrencies listed, such as Bitcoin, Ethereum, or others available for your account.
Step 3: Copy the Deposit Wallet Address
Deriv will generate a unique wallet address (often shown alongside a QR code) for your deposit. Copy this carefully, or scan the QR code from your crypto wallet app.
Step 4: Send the Funds From Your Wallet
Open your crypto wallet or exchange account, paste the address, and send the amount you want to deposit. Double-check the address and network match exactly before confirming.
Step 5: Wait for Blockchain Confirmation
Crypto deposits need to be confirmed on the blockchain before reflecting in your Deriv account. This can take anywhere from a few minutes to longer, depending on network congestion.
Step 6: Confirm the Deposit Reflects in Your Account
Once confirmed, your Deriv balance updates automatically. Check your Cashier transaction history to confirm the deposit went through correctly.
Deposit Complete
That’s the full process for funding your Deriv account with crypto, from selecting a coin to confirming the balance update. You can also look at How to Deposit using Visa and Mastercard for another instant deposits alternative.
Another way to earn from Deriv is through the Deriv Partner Program. This will not require that you trade but you can help traders get on board with Deriv and get income in the process.
FAQ: Depositing Using Crypto on Deriv
How long does a crypto deposit take on Deriv? This depends on blockchain confirmation times, which vary by coin and network congestion, but it’s often faster than a bank transfer.
What happens if I send crypto to the wrong network? Sending on the wrong network can result in lost funds, so always confirm the network matches what Deriv specifies before transferring.
Are there fees for depositing crypto on Deriv? Deriv itself doesn’t typically charge a deposit fee, but your wallet or exchange may apply its own network transaction fee.
Which cryptocurrencies does Deriv accept for deposits? This varies by account and region, so check the cryptocurrency options listed directly in your Cashier for what’s currently supported.
