Crypto

Automation Polkadot deposits

September 6, 2023

It won't have escaped your notice that Bitcoin Master is rebranding to BCM. In addition to a new design for website and apps, improvements are also taking place in our services. In line with these improvements, as of today we are running our own node for Polkadot.

In announcing the rebranding, we promised that not only will our design be improved. Our services will also change for the better. An important step in this is the automatic deposit of various coins. Deposits used to be processed manually which could sometimes take some time before your new balance was visible. In the new situation, customers will receive a personal address for transactions on the Polkadot network. As a result, your transactions are processed almost immediately. Our developers are working hard to support other networks so that automatic deposits for other currencies are also possible.

The improvements in our services will not always be visible. In some cases, we are working hard in the background to streamline processes and provide more convenience for you, the customer.

How does depositing DOT work?

If you want to deposit DOT from another exchange or wallet to Bitcoin Master, you can do so from your wallets.

  1. Click on 'My account' > 'Portfolio'
  2. Find the coin (DOT) and click deposit.
  3. You will then see a window with your personal wallet address for DOT. From the other exchange you can send DOT to this address after which it will also be visible in your account.