USD Deposits FAQs
Bashir avatar
Written by Bashir
Updated over a week ago
  • Can I get paid in USD using Coinprofile?

    Absolutely! Coinprofile makes it a breeze to receive payments and even your hard-earned salary in USD. Just share the memo you generated and your bank details with whoever is paying you, and you're good to go.

  • How do I deposit USD into my Coinprofile wallet using bank transfer?

    No sweat! To deposit USD into your Coinprofile wallet, just log in to your account, click 'Add Money' on the dashboard, pick 'USD' as your currency of choice, and select 'Pay with Bank' as your preferred payment method. Piece of cake!

  • What is ACH, Wire, and SWIFT?

    ACH, Wire, and SWIFT are like the superheroes of money transfers. ACH (Automated Clearing House) is an electronic network that helps move money within the United States. Wire transfer is an electronic method for transferring funds between bank accounts. And SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a global network that enables international money transfers.

  • Can I move the USD in my Wallet to Naira?

    You bet! With Coinprofile, you can easily convert the USD in your wallet to Naira and even withdraw it into your Nigerian bank account.

  • How long does it take for deposits to appear in my Coinprofile wallet?

    Patience is key here! ACH and Wire deposits usually take 1-3 business days, while SWIFT transfers might take 3-5 business days to show up in your Coinprofile wallet. Keep in mind that processing times can vary, depending on the bank sending the USD payment. Unfortunately, that part's out of Coinprofile's hands.

  • Are there any fees associated with USD deposits on Coinprofile?

    Yep, there's a small fee. Our payment partner charges 1% of your transaction amount, with a minimum fee of $5. But hey, it's a small price to pay for convenience, right?

  • What is the minimum and maximum amount I can deposit using the USD deposit feature on Coinprofile?

    You've got some flexibility here! The minimum amount you can deposit is $100, while the maximum is $2000 per transaction. So go ahead and pick the amount that works best for you.

  • Are there any restrictions on who can receive USD on Coinprofile?

    Just one little thing: you need to complete your KYC (Know Your Customer) process to receive USD on Coinprofile. It's an essential step to keep everyone safe and secure.

  • What happens if there is an issue with my USD deposit?

    No worries! If you run into any issues with your USD deposit, just reach out to our customer support team for help. You can use the in-app chat or send an email to [email protected]. Our team is super quick at responding and will be there to lend a hand in no time! So, sit back and relax - we've got your back!

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