How to deposit on Sky Trade with crypto, step by step
Deposit to your Sky Trade real account with USDT or another coin: choosing the network, minimums, memo/tag, partial payments and wrong-network mistakes.
Deposits on Sky Trade are made in cryptocurrency through the payment processor NOWPayments. You choose a coin and network, the wallet shows you a unique address and an exact amount, you send it, and the balance is credited automatically after the blockchain confirms the transfer. Here is the whole process, plus the mistakes worth avoiding.
Step by step
- Log in and switch to your Real account (deposits are not used on the demo account).
- Open Wallet and choose Deposit.
- Pick the coin and the network, for example USDT on BEP-20 or TRC-20.
- Enter the amount. If you have a promo code, enter it in the Promo code field at this step.
- Create the deposit. You will see a deposit address, the exact amount of the coin to send and a QR code. For XRP and XLM you will also see a memo/tag.
- Send that exact amount from your wallet or exchange to that address, on that same network.
- Wait for network confirmation. The deposit is credited automatically — usually within minutes, depending on the coin and how busy the network is.
You can have one unpaid deposit at a time, and each deposit request is valid for 60 minutes. If it expires, simply create a new one.
Which coin and network to choose
Sky Trade accepts about 29 coins. USDT and USDC are each available on 8 networks. USDT works on BEP-20 (BNB Chain), TRC-20 (Tron), TON, Solana, Polygon, Arbitrum One, Avalanche C-Chain and ERC-20 (Ethereum). Other options include BTC, ETH, BNB, SOL, TON, TRX, LTC, XRP, DOGE and more.
A few practical tips:
- Stablecoins are simplest. USDT and USDC hold a value close to $1, so the amount you send is the amount you expect.
- Network fees differ. ERC-20 transfers can be expensive; BEP-20, TRC-20 and TON are often cheaper. The fee is set by the network and your exchange, not by Sky Trade.
- Check that your sending wallet supports the network. If your exchange can only withdraw USDT on TRC-20, choose TRC-20 on Sky Trade too.
Minimum and maximum amounts
| Network | Minimum deposit |
|---|---|
| Most networks | $10 |
| USDT TRC-20 | $15 |
| Ethereum (ERC-20) networks | $20 |
The maximum is $50,000 per deposit. The full list of limits is in minimum deposit and limits.
Memo or tag for XRP and XLM
XRP and XLM deposits show a memo (also called a tag). You must include it when you send. Without it, the payment cannot be matched to your account automatically and will need manual review through support.
If you send too little
If you send less than the exact amount, only the amount received is credited. You can send the difference to the same address to complete the payment. Exchanges often deduct their withdrawal fee from the amount you enter, so check what actually leaves your account.
Wrong coin or wrong network
Sending a different coin, or the right coin on a different network, means there is no automatic credit. Contact support with the transaction hash and the deposit details, and the case will be reviewed manually. Be aware that funds sent on a wrong network may be unrecoverable — double-check before you press send.
Copy the address or scan the QR code instead of typing it by hand, then compare the first and last few characters before sending.
Fees
Sky Trade charges no deposit fee. The blockchain network fee is paid by the sender, and if you send from an exchange, the exchange may charge its own fee as well. More in fees.
No bank cards
Sky Trade does not process bank cards. The wallet's Bank card tab explains the alternative: buy USDT with a card or via P2P on an exchange, then send it to your deposit address. Our buy USDT guides walk through it, for example Binance P2P. The exchange will ask for its own identity verification.
Promo codes and bonuses
A bonus from a promo code is credited after the deposit is fully paid and comes with a wagering requirement. Read bonuses and promo codes before you use one — a bonus is not free money.
Only deposit money you can afford to lose. Trading involves a risk of losing capital, including the full amount of any trade.
Frequently asked questions
How long does a Sky Trade deposit take?
It is credited automatically after the blockchain network confirms the transfer, usually within minutes. Busy networks or coins with slow confirmations can take longer.
What is the minimum deposit on Sky Trade?
$10 on most networks, $15 for USDT TRC-20 and $20 on Ethereum (ERC-20) networks.
Can I deposit with a Visa or Mastercard?
Not directly. Buy USDT with your card on an exchange, then send it to your Sky Trade deposit address. See the buy USDT guides.
I sent USDT on the wrong network. What now?
Contact support with the transaction hash. There is no automatic credit, the case is reviewed manually, and funds sent on a wrong network may not be recoverable.
Does Sky Trade charge a deposit fee?
No. You only pay the blockchain network fee and any fee your exchange charges.