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Understanding Deposits: Sending Crypto to Your Bombastic Wallet
Understanding Deposits: Sending Crypto to Your Bombastic Wallet

Discover the essentials of depositing crypto into your Bombastic account using your unique wallet address from external sources.

Updated over a week ago

Deposit

Deposit refers to the option of crediting funds using external funding options such as Crypto Exchanges or another form of crypto vendors. In essence, Bombastic provides a receiving address and your cryptocurrency is under some other address somewhere else. What you do is send funds from one address to another - usually a Crypto Exchange to Bombastic.

Bombastic provides you with a RECEIVING ADDRESS (Wallet address) for your cryptocurrency. This is a UNIQUE address assigned to your account only. In order to deposit to Bombastic, you must have crypto currency available somewhere else. That "else" place is usually Crypto Exchange where you need to use the said Crypto Exchange's SEND facility. ​

Below is a view of your wallet with Deposit tab showing the address. This is a demonstration account. Do not use this QR code. Please create your own Bombastic account. You will notice, the address is different. In fact it is Unique:
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Here is a general view of how the funds transfer work between a Crypto Exchange and Bombastic cashier:
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