How to transfer funds from Union Bank of India app to CoinDCX wallet?
Updated
Follow these steps to add funds in your CoinDCX wallet
1. Click ‘Add’ on the homepage of CoinDCX app and then select ‘Add Funds’.
2. Enter the amount you want to transfer to your CoinDCX wallet and proceed.
3. Choose Net Banking option and click on ‘Continue‘ to proceed adding funds to CoinDCX wallet.
Note: Always transfer funds from the bank account registered with CoinDCX.
4. Copy the details provided [Account No. / IFSC Code / Bank Name / Remarks]. These details are to be added as a beneficiary in your account to proceed with the bank transfer.
Now, let’s add CoinDCX as a beneficiary in your bank account
Log in to your Union Bank of India net banking account and click on ‘Fund Transfer’.
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Select the ‘Payee Transfer’ option and click on ‘Manage Payee’.
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Select 'Add New Payee' and click on 'Other Bank' option.
Enter the new payee account details, that is, [Account No. / IFSC Code / Beneficiary Name / Remarks]. Double-check the details you've entered.
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Please provide your transaction PIN to continue.
Next, you will receive an OTP on your registered mobile number. Please enter the OTP to confirm the addition of the new beneficiary.
It may take 2-4 hours for the new beneficiary to be activated.
Now, Let's do the fund transfer to the added beneficiary (CoinDCX)
Once the beneficiary is activated, please navigate to the ‘Fund Transfer’ option. Select your CoinDCX unique user reference ID that you've added as a beneficiary/payee.
Enter the exact same amount you had deposited in the Step 1 of adding funds in CoinDCX wallet and click on 'Transfer'.
Do not forget to add your CoinDCX registered mobile number as remarks while transferring funds.
You will receive an OTP on your registered mobile number/email ID. Please enter the OTP to confirm the transaction.
Complete the deposit process in CoinDCX app
1. You will receive an SMS with the UTR Transaction ID (Reference ID). You need to enter this Transaction/Reference ID in the space provided as Transaction ID on CoinDCX app. Click ‘Submit’.
Note: You may also find the Transaction/Reference ID on your banking app payment successful page.
2. Check all the details and tap ‘Confirm’. Your funds will be added to your CoinDCX account within 2-4 hours..
Note : Always transfer the same amount of funds as specified by you in Step 1 of adding funds & do not forget to add your CoinDCX registered mobile number as remarks while transferring funds.
3. We’ll notify you via email or notifications as soon as your deposit is completed. You’re now ready to buy, sell, and trade on CoinDCX!
