The Deriv TRC20 deposit allows users to fund their accounts using Tether TRC-20 with a minimum amount $50.

The process takes just 5 minutes, and users can easily check the “Statements” section for confirmation.

Deriv TRC20 deposit process
Deriv TRC20 deposit process in-depth guide

Deriv TRC20 Funding Process: Step-by-Step Guide

To start the process, log in to the Deriv Forex broker and follow the steps mentioned in order.

Deriv TRC20 Deposit Overview:

  1. Access the Deposit Section
  2. Choose Crypto Funding Method and Select TRC-20
  3. Transfer USDT
  4. Confirm Transaction

#1 Accessing the Deposit Section

Log in to Deriv Broker, go to the Deriv dashboard, and click on the "Deposit Now" option.

This will take you to the account funding section where a preferred funding method can be chosen.

Deriv broker TRC20 funding from the dashboard
Begin Deriv TRC-20 funding by clicking on the “Deposit now” button

#2 Choosing Crypto Funding Option & Selecting TRC-20

Select "cryptocurrency" as the preferred payment method. This ensures a valid wallet address compatible with crypto transactions is received.

Selecting crypto transaction method for Deriv TRC-20 funding
Choose cryptocurrencies to continue the Deriv TRC20 funding process

After selecting "crypto deposit", the platform will prompt the selection of the specific cryptocurrency. Select "Tether (TRC-20)" to proceed.

Selecting TRC20 transaction option in Deriv
Select Deriv TRC20 transaction option to receive the destination address

#3 Transferring USDT to the Wallet

Once "TRC20" is selected, Deriv will generate a one-time-use wallet address. Copy the address, open the crypto wallet, and initiate the transfer of at least $50 USDT to this address.

Deriv TRC20 transaction destination wallet address
Generating a wallet for Deriv TRC20 transaction

After confirming the transaction in the crypto wallet, it may take a few minutes for the blockchain to process the transaction.

#4 Confirming the Transaction

Once the transfer is processed, return to Deriv and check the balance. If the transfer is successful, the funding amount will reflect in your account balance.

To verify the transaction, go to “Ptofile”, Select “Reports”, and click on “Statement”. This section provides details of all past transactions.

Viewing TRC20 transaction history in Deriv
Check the Deriv TRC-20 funding process in the “Reports” section

TF Expert Suggestion

The Deriv TRC20 deposit is a quick 3-step process, ensuring instant funding. Each wallet address is for one-time use only, so a new address must be generated for each transaction.
To learn about other Deriv deposit and withdrawal options, visit the Deriv tutorial page.

FAQs

What is the minimum Deriv TRC20 deposit?

The minimum deposit amount for TRC-20 USDT is $50.

How long does a Deriv TRC20 deposit take?

Deposits via TRC-20 USDT usually take just a few minutes.

Where can I check my Deriv Tether deposit history?

Deposit history can be reviewed in by going to the profile section, navigating to reports, and clicking on the statement option.

score of blog
4 From 5.0
(1)
Rate this post
0Comment

Your Capital is at risk.

Your Capital is at risk.