How to Fund Your LedgerX Account
In this video we will learn how to make a LedgerX deposit. First, log into your LedgerX account. Then, hover over to the top left of the screen where it says “Available for Trading”. You will then see two options: deposit or withdraw. Click on “Deposit”. You can now select if you want to do a bitcoin deposit, or a dollar deposit. Let’s have a look at bitcoin deposits first.
Once you click on bitcoin deposits, you will see a new screen. Now, you want to generate a new bitcoin address. Your new address will appear in the first rectangular box. Now, you can click on the right plus sign, and the address will be copied in your clipboard.
The next step is to log into your wallet or exchange of choice, where you are withdrawing your funds to deposit them into your LedgerX account. Once you paste the address, and also submit the amount, your bitcoin deposit will appear on your LedgerX account available for trading after 6 confirmations on the bitcoin blockchain.
Let’s now have a look at dollar deposits. Following the same process, however over to “Available for Trading”, and click on deposits. Now, click on dollars. In this new screen you will have the necessary information to log into your online banking and make a wire transfer. Here, you can see our account number as well as our routing number. In the wire transfer screen of your online banking making sure you also include your Market Participant ID in the memo. If you don’t know your Market Participant ID, you can find it in your LedgerX profile settings under your account name.
Once you complete the online banking step, make sure you come back to your LedgerX account, this same screen and enter your wire amount. Let’s say you are depositing $5,000. Enter $5,000 and click on “send deposit notice”.
Note that we currently only accept wire transfers. Any ACH transfers will be automatically returned to your account. If you have any other questions regarding deposits, please contact us at email@example.com