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September 18, 2019

HotForex added "Crypto Payments" for Ripple, Ethereum and Litecoin transactions

HotForex now accepts Bitcoin, Ripple, Ethereum and Litecoin as funding options

hotforex-crypto-payments-deposit-litecoin-ripple-ethereum-main hotforex-crypto-payments-deposit-litecoin-ripple-ethereum-main

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

“Crypto Payments” for Ripple, Ethereum and Litecoin transactions

Following the addition of cryptocurrencies to HotForex’s range of trading products and introduction of Bitcoin and Bitcoin Cash, they have now added the new payment method “Crypto Payments” to your deposit and withdrawal options!

Available on desktop and the HF App, this new method is designed to help make your Ripple, Ethereum and Litecoin transactions even easier. Simply visit your Deposit Funds page to try it out today!

The payment option is available for accounts of HF Markets (SV) Ltd which is incorporated in St. Vincent & the Grenadines as an International Business Company.

Visit HotForex Official Website

Deposit Cryptocurrency Funds to HotForex

HotForex provides variety of Cryptocurrency deposit methods for traders.

If you have any crypto funds which you like to use for online investment, then HotForex may offer the solution for you.

Here are the available fund deposit methods for Cryptocurrency money, and the conditions.

Payment Method Available Amount Processing Time Fees by HotForex
Bitcoin by bitpay $from $5 to 10,000 Up to 10 minutes None
Bitcoin Cash by bitpay $from $5 to 10,000 Up to 10 minutes None
Bitcoin by Skrill from $5 to $10,000 Up to 10 minutes None
Ripple, Ethereum and Litecoin by Crypto Payments from $100 to $10,000 Up to 10 minutes None

Open HotForex Real or Demo Account

How to use “Crypto Payments” to deposit funds to HotForex?

To make a deposit to HotForex’s trading account by using “Crypto Payments”, login to HotForex Client Portal and click on “Deposit”, “Crypto Payments” and insert “Indicative Amount” and select the “Crypto Currency” (Ripple, Ethereum or Litecoin) as below.

hotforex-crypto-payments-deposit-litecoin-ripple-ethereum

The indicative amount depends on the currency conversion provided by the payment processor at the time the transaction is approved.

Make sure you always add Payment Destination Tag/Memo or ID before making the transaction.

Make sure you send the Crypto Payment within the 15 minutes, before invoice expiration.

Average waiting time for a normal Crypto Payments transaction to be confirmed by the blockchain network is about 15 minutes and varies between crypto coin wallets or exchanges.

Low crypto coin miner fee transactions may take longer to process, several days or even never to receive confirmation.

HotForex does not accept any responsibility for any delays, disruptions or risks associated with utilising a third-party Crypto coin wallet service.

Deposits are credited to myWallet only. To transfer funds to your trading account, please proceed with an Internal Transfer from myWallet.

For more information about the payment method and other available options, please contact their support team from HotForex Official Website.

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