Step-by-Step Guide: Depositing Funds into Your EasyCrypto Account
How to Deposit Money into Your Easy Crypto Account
Easy Crypto is a popular platform for investing in cryptocurrencies. If you’re new to the platform and wondering how to deposit money into your Easy Crypto account, you’ve come to the right place. In this article, we’ll guide you through the process step by step.
Step 1: Log into Your Easy Equities App
To get started, you’ll need to log into your Easy Equities app. If you don’t have Easy Crypto activated, simply click on the plus sign at the bottom of the app to activate your account. Once activated, you’ll be able to access Easy Crypto.
Step 2: Access Your Account
After logging in, click on the “Access Your Account” option. If you don’t have login details, you’ll need to create them from scratch. Enter your username and password to log in.
Step 3: Navigate to My Funds
Once you’re logged in, you’ll see a menu at the bottom of the app. Click on “My Funds” to access the deposit and withdrawal options.
Step 4: Choose the Deposit Option
In the “My Funds” section, you’ll find two options: deposit and withdrawal. Since we want to deposit money, click on the deposit option, which is highlighted in purple.
Step 5: Get the Banking Details
After clicking on the deposit option, you’ll see the banking details that you need to use for your deposit. Pay close attention to the EFT reference, as it is crucial for Easy Equities to allocate the money to your account correctly.
Step 6: Make the Deposit
To make the deposit, you can either write down the banking details on a piece of paper or use your banking app for a more convenient process. If you choose the latter option, follow these steps:
1. Log into your banking app.
2. Navigate to the “Transact” section.
3. Select the option to pay somebody new.
4. Enter the account holder name, which you can copy from your Easy Crypto account.
5. Paste the account number from your Easy Crypto account.
6. Enter the EFT reference provided by Easy Crypto.
7. Optionally, add your own reference for easy identification.
8. Save the beneficiary for future deposits.
9. Enter the amount of money you want to deposit.
10. Complete the deposit.
Investing on Easy Crypto
Once you’ve deposited money into your Easy Crypto account, you can start investing in cryptocurrencies. Easy Crypto offers two options: bundles and individual cryptocurrencies.
Bundles
Easy Crypto offers a bundle called EC10, which is a basket of the top 10 largest cryptocurrencies. The allocation includes bitcoin, ethereum, binance Coin, xrp, cardano, solana, dogecoin, Polkadot, Tron, and Avalanche. Investing in EC10 allows you to diversify your portfolio across multiple cryptocurrencies.
Individual Cryptocurrencies
If you prefer to invest in specific cryptocurrencies, Easy Crypto also offers a range of individual options. These include Bitcoin, Ethereum, Binance Coin, XRP, Cardano, Dogecoin, Polkadot, Avalanche, Luna, Tiron, Shiba, and more.
Frequently Asked Questions
Q: How long does it take for a deposit to reflect in my Easy Crypto account?
A: The time it takes for a deposit to reflect in your Easy Crypto account can vary depending on your bank and the payment method used. In most cases, deposits are processed within a few hours, but it can take up to 24 hours.
Q: Can I deposit money into my Easy Crypto account using a credit card?
A: No, Easy Crypto currently only supports deposits via electronic funds transfer (EFT) from a bank account.
Q: Are there any fees for depositing money into my Easy Crypto account?
A: Easy Crypto does not charge any fees for depositing money into your account. However, your bank may have its own transaction fees, so it’s advisable to check with your bank for any applicable charges.
Q: Can I withdraw money from my Easy Crypto account?
A: Yes, you can withdraw money from your Easy Crypto account. To do so, navigate to the “My Funds” section in the app and select the withdrawal option. Follow the prompts to complete the withdrawal process.
Conclusion
Depositing money into your Easy Crypto account is a straightforward process that can be done through the Easy Equities app. By following the steps outlined in this article, you’ll be able to deposit funds and start investing in cryptocurrencies. Remember to use the provided EFT reference to ensure your deposit is allocated correctly. Happy investing!
Great one love from Namibia
I have learned so much from You Nozi.. what a blessing you are to millions of people!
Thank you Nozi, very helpful and informative. In the case of crypto, does the TFSA not apply? 🤔
Woow Nozi i wish i could have known you 23yrs back i would have been far by now but I won't give up. Thank you very much you're a mind opener
Hi Nozi. Where do I get charts n where do download n which one can use?Thanx
What do I do when I want to withdraw from EC10 my sister?
Hello please I bought a bitcoin three times at a time but only to woke up and see that only 1 of the bitcoin I deposited reflected in the address…. Does that mean I lost the rest transaction??
Good voice thanks❤
I struggle to transfer. The account number is short. When i procceed it says the account number is too short. I did put in the right acc no.
I didn't know you had a crypto video miss Nozi 🤭 Do you dabble in Cryptocurrency?