Depositing with AUD on WhiteBIT Australia is one of the ways to fund your account and start trading on our exchange.

To do this successfully, follow our instructions:

1. Navigate to the deposit form 

Go to “Balances” on the home page.

You can also use the yellow “Deposit” button in the upper-right corner. You will be redirected to the deposit window. Click on the “Select” or “Change” button and find the ticker of the Australian dollar (AUD).

2. Currency selection

Find the AUD in the list or enter the AUD ticker in the search bar. Click on the “Deposit” button to the right of the AUD ticker.

3. Provider selection

Select the AUD_BANKING_CIRCLE payment system.

4. Fees and limits

Familiarize yourself with the daily deposit limit (10000 AUD), as well as with the amount of deposit that you will receive.

We also recommend checking the information about the minimum deposit amount by hovering over the icon next to the fee percentage.

All fees and limits for depositing, as well as available providers, are displayed on the Fees page.

Please note: if the transaction amount or daily volume exceeds 10000 AUD, we may request additional data such as source of funds that would help us to process your request.

5. Deposit formation

Enter the deposit amount in the “Amount” field and click the “Generate and send payment” button. To send funds, copy invoice data from the “Payment sent” window and paste it into your banking application. Payment details are generated individually for each deposit.

From the moment the payment data is generated, you have 7 days to make the payment after which it will be impossible to make the transfer. All sent funds will be returned to the bank.

The owner of an account at the exchange can only top up his/her balance with AUD if the name and surname indicated in the KYC (identity verification) match the name and surname of the account holder at the bank.

Please note: the deposit will be returned and an additional fee (5 EUR) may be charged on the amount of the deposit if:
- payment from a third party (individual ot legal entity not verified);
- the purpose is incorrectly indicated (loan, investment, in debt, for a product/service, etc.);
- if it 10000 AUD per day and does not provide a source of funds within 2 working days;
- recipient’s details are incorrect.

6. Deposit confirmation

Confirm the transaction by consenting to the processing of your personal data.

7. Payment confirmation

The details and status of the payment will immediately appear on your screen. This information can also be found in the “History” — “Deposits” tab.

Frequently asked questions

Depositing is not available. What should I do?

Periodically, due to a technical update, the depositing and withdrawal of certain assets are temporarily closed. Our Telegram channel “WhiteBIT Notifications” – is the primary source of information regarding the availability of specific asset functionalities.

More detailed information about technical updates can be found in this article.

Support

In case of any questions related to the functionality of our exchange, you can:

• Leave a request on our website;
• Write to the support email: support@whitebit.au;
• Write to the chat using the button in the lower right corner of the screen.