Could you elaborate on the process of depositing funds into Osmosis? I'm particularly interested in the steps involved and any prerequisites that might be necessary. Are there any specific cryptocurrencies that are supported for deposits? Do I need to have a wallet set up already? Additionally, are there any fees associated with depositing funds, and if so, what are they? Lastly, how long does the deposit process typically take? I'd appreciate a clear and concise description of the entire deposit process for Osmosis.
5 answers
InfinityEcho
Sun Jun 30 2024
Following the deposit selection, a pop-up window appears, asking users to confirm their deposit details. This step ensures the accuracy and security of the transaction.
Silvia
Sun Jun 30 2024
The video, titled "Send Your Assets To Osmosis (ATOM, CRO, LUNA, UST)" by FIP Crypto, was uploaded on May 24th, 2022, providing a step-by-step guide for sending cryptocurrencies.
SolitudeSerenade
Sun Jun 30 2024
Starting at the 0:04 mark, the video instructs users interested in sending ATOM to click on the "IBC Deposit" option. This step is crucial for initiating the transfer process.
Martino
Sun Jun 30 2024
After clicking on "IBC Deposit," users are prompted to enter the amount of ATOM they wish to deposit. The video ensures clarity by emphasizing this crucial step.
Silvia
Sun Jun 30 2024
Once the desired amount is entered, users are directed to select the "Deposit" option. This action triggers the next step in the transfer process.