How to Deposit Cash to EZDEX Account

Handling cash often comes with concerns and challenges, especially during travel or in businesses requiring international payments.

However, cash deposits remain popular due to their unique advantages, such as high speed, low fees, and no need for banking intermediaries at the destination.

In this tutorial, you will learn how to deposit cash and top up your account balance on EZDEX. Watch the video or read the article? It’s your choice!

 

Why Choose Cash Deposits?

In financial markets like gold and cryptocurrencies, where transaction fees matter, the high costs of bank transfers and intermediary financial systems often lead traders to prefer cash transactions. Cash deposits can also be practical in specific scenarios, such as:

• Returning from a foreign trip with leftover cash.
• Transferring money to an individual whose bank does not support your currency.
• Avoiding high bank transfer fees.

In such cases, you can use EZDEX’s cash deposit feature to easily convert your cash into any desired currency and transfer it to your account.

Notes before making cash deposit to your EZDEX account

There are some Important notes that you need to consider Before Making a Cash Deposit. Before starting the cash deposit process, please keep the following in mind:

• Legal Limitations: The amount you intend to deposit must comply with the legal cash transfer limits in your country of residence.
• Source of Funds: The funds you wish to transfer must originate from transparent and legal sources.

Failure to adhere to these factors may result in the inability to process your deposit, and you will be responsible for any potential issues.

How to deposit cash to EZDEX account step by step

Let’s review the Steps for Cash Deposit.

1️⃣First you need to Create a Deposit Request.

Go to the "Wallet" section and select the desired currency “deposit” option to open the deposit request form.

2️⃣Compelete the form.

• Choose "Cash" as the payment method.
• Specify the country and city of the cash delivery origin.
• Enter the deposit amount.

3️⃣Provide Details About the Source of Funds
In the description field, provide details about the source of your funds for verification. For example: monthly salary, leftover travel money, family support, etc.

4️⃣Deliver Cash and Receive a Token
After submitting the deposit request and confirming the details, visit the exchange and deliver the cash. Once the cash is handed over, you will receive a confirmation token. If you want to transfer the token to another individual, activate the relevant option and provide their details.

5️⃣Complete the Process and Confirm the Deposit
Enter the received token in the system to confirm your deposit and add the funds to your wallet.

⚠️Key considerations for Cash Deposit that you need to know are:

• Collect Your Token Before Leaving the Exchange: Ensure you receive your confirmation token before leaving the exchange. Without it, your deposit cannot be confirmed.
• No Fees: Cash deposits at EZDEX are free of charge. If the exchange requests a fee, do not pay and contact EZDEX support immediately.
• Important: To avoid potential issues, always conduct transactions through EZDEX's platform. Direct transactions with exchanges outside the platform may result in financial loss.

Security and Quality Assurance concern you?

At EZDEX, we strive to collaborate only with reputable and law-abiding exchanges, ensuring you receive secure and high-quality services. If you encounter any issues such as misconduct, fraud, or false promises, please contact our support team immediately. We will investigate your concerns and take appropriate actions if violations are confirmed.

For more information about EZDEX’s services and benefits, follow us on social media and share your questions or feedback in the comments section.