Deposit

Description

A deposit address is an address that belongs to some entity (e.g. centralized exchange) and is used by that entity in order to distinguish between deposit transactions of different users.

The address is considered a deposit address if it satisfies two conditions:

  1. The address sends funds to a single entity only (single entity doesn’t mean single address; some entities own multiple addresses).
  2. The address is not the entity itself that it sends funds to.

The most common case is a centralized exchange deposit. See the details in the picture below.

deposit_address

Label fqn

santiment/deposit:v1

Label Examples

Kucoin deposit address: 0xb50a586be6a5542c0da84ff42de0ebdf8761203c

Gate.io deposit address: 0x11e67b9ca21ae5ab385a31d03929bd0cc1c96bec

Available Blockchains

  • ethereum

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