Q1. How to Transfer Cryptocurrencies into my Catalyx account?
Go to the ‘Wallets’ page
On the left hand-side will be a listing of all the coins/tokens available on Catalyx, you can scroll through the entire listing, using the scrolling bar.
Once you have selected the coin/token you wish to transfer to your Catalyx account, you will then click the 'Receive' tab on the right hand side. If you haven't created a deposit address for this coin yet, you will need to by clicking on the 'Create a _____ Deposit Address' button.
It usually takes a few minutes to generate the deposit address, so please revisit this page after a while, you will see the deposit address once it's created.You will then use this deposit address, as the wallet address, when transferring your crypto currency amount from another source. Once we receive the deposit, we will update your account accordingly.
*Deposits will be processed daily, as they are received.
Q2. What are the minimum & maximum Deposit amounts and fees?
The minimum limit for Cryptocurrency being transferred into your Catalyx account, must be atleast 3 times the amount of the fee being charged to send your Cryptocurrency , unless specified from your sending destination. And there's no fee to be charged for crypto deposits.
*Please be aware that some coins charge you a fee to move your funds from another address to Catalyx. This means that the coins network will charge you the normal transaction fee for this send, not Catalyx, therefore this fee is unavoidable.
Q3. What do I do if my Deposit did not arrive - Track my deposit?
Deposits usually take 1 hour or more depending on the nature of the coin network. You can track your deposit by searching the transaction ID from each coin's blockchain explorer web site. You can obtain the transaction ID from the source site, of where you processed the transfer from.
If you have difficulties or questions about the deposits you made, please email us, and one of our customer support team members will respond to your query within 24 hours.
Q4. How to Withdraw Cryptocurrency out of my Catalyx account?
Go to the ‘Wallets’ page
On the left hand-side will be a listing of all the coins/tokens available on Catalyx, you can scroll through the entire listing, using the scrolling bar.
Once you have selected the coin/token you wish to transfer out of your Catalyx account, you will then click the 'Send' tab on the right hand side.
You will then need to input the destination address -- which is the crypto wallet address you want to withdraw the crypto to.
Finally input the amount you wish to send
There is also an "Optional Information" field, where you can input the payment ID/ Memo/Tag, if it applies to the transaction (in most cases this section is to be left blank).
Once you have confirmed the information you have input, click the 'Initiate Transfer' button.
*Withdrawals will be processed daily, please note that deposits sent outside of the window of 9am-11pm PST, can and may be delayed in processing. You can track the withdrawal status on your "Dashboard".
Q5. What is the Minimum & Maximum Withdrawal amounts and fees?
The minimum amount of Cryptocurrency being transferred out from your Catalyx account must be at least 3 times the amount of the transfer fee being charged to send your Cryptocurrency externally. We do not make any profit on withdrawals. However, each coin has a set of network transfer fees that is built into the coin (which can vary time to time based on the network in question and network congestion). Our liquidity providers also charges a fee on withdrawals for a token or coin with a built-in network transfer fee; therefore your withdrawal amount, needs to be sufficient enough to cover these fees. Should you not transfer enough to cover the fee, your withdrawal request will fail and you will be advised with a Below Minimum Required message. Please adjust your withdrawal accordingly to accommodate for this. The applicable cryptocurrency withdrawal fee (which includes the network transfer fees and the fees charged by the liquidity providers) will be displayed in the web transfer order form prior to you executing a withdrawal transaction.
Q6. Where is my withdrawal - Track my withdrawal?
Withdrawals usually take 1 hour or more depending on the nature of the coin network. You can track your withdrawals by searching the transaction ID from each coin's blockchain explorer web site. You can obtain the transaction ID in the list of wallet activities on the 'Wallet Activities' page,.
If you have difficulties or questions about the withdrawals you have made, please email us, and someone from our customer support team will respond to your query within 24 hours.