CrediX
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  • Introduction
    • 💥What is CrediX?
    • ⚙️Why CrediX?
    • 👮Who is it For?
  • How CrediX Works
    • 🆚Aggregator vs Optimizer
    • 🌆Lending Aggregation Flow
    • 🟤Borrowing Aggregation Flow
    • ⚛️Dynamic Routing & Auto-Rebalancing
  • Core Features
    • 📃Lending Aggregator
    • 🚀Borrowing Optimizer
  • 🛳️Auto-Rebalancing Engine
  • User Guides
  • 🧊For Passive Yield Seekers
    • How to Deposit
  • 📚For Active Debt Managers
    • How to Borrow
    • Managing Collateral
  • Protocol Architecture
    • 📰Smart Contract Overview
    • 🥨Protocol Adapters
    • 📅Rate Oracle Logic
  • Tokenomics
    • Tokenomics
    • 💲$CREDIT Points
  • Security
    • 📄Audit Reports
    • 🔁Risk Mitigation Strategies
  • community
    • Website
    • Telegram
    • Twitter
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On this page
  • Getting Started with Your CrediX Deposit
  • Tips for a Smooth Deposit
  • Troubleshooting
  • Summary
  1. For Passive Yield Seekers

How to Deposit

Getting Started with Your CrediX Deposit

Depositing your assets into CrediX is quick, secure, and straightforward. Follow these simple steps to start earning optimized yields or borrowing at the best rates.


1

Step 1: Connect Your Wallet

  • Click on the “Connect Wallet” button on the CrediX platform.

  • Choose your preferred wallet (e.g., MetaMask, WalletConnect, Coinbase Wallet).

  • Approve the connection request to securely link your wallet.

2

Step 2: Select Asset and Amount

  • From your wallet balance, select the cryptocurrency you want to deposit (e.g., USDT, DAI, ETH).

  • Enter the amount you wish to deposit into CrediX.

3

Step 3: Review Deposit Details

  • Check the current estimated yield or borrowing rate for your selected asset.

  • Review any applicable gas fees and transaction costs.

  • Confirm that the asset and amount are correct.

4

Step 4: Approve the Transaction

  • Confirm the transaction within your wallet interface.

  • Approve any necessary permissions (such as allowing CrediX to access your tokens).

  • Wait for the blockchain to process the transaction — this usually takes a few seconds to a couple of minutes depending on network congestion.

5

Step 5: Monitor Your Position

  • Once deposited, your funds will be automatically routed and optimized across multiple protocols.

  • Use the dashboard to view your current yield, position allocations, and historical performance.


Tips for a Smooth Deposit

  • Ensure your wallet has enough native tokens (ETH, BNB, etc.) to cover gas fees.

  • Double-check the asset and amount before confirming.

  • Keep your wallet software updated to avoid compatibility issues.


Troubleshooting

  • If your transaction is pending for too long, try increasing the gas fee or resubmitting.

  • In case of failed transactions, verify that your wallet is connected correctly and you have sufficient balance.


Summary

Depositing with CrediX is designed to be seamless and secure, enabling you to effortlessly tap into the best DeFi lending and borrowing opportunities.

PreviousFor Passive Yield SeekersNextFor Active Debt Managers

Last updated 15 days ago

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