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ShareTop-up balance, Buy Crypto and everything you need to know
As the popularity of cryptocurrencies rises, there's an increasing curiosity surrounding the industry, particularly among newcomers to the crypto world.
In this blog, we'll guide you through the process of transferring funds into Cryptal, providing you with a step-by-step walkthrough to simplify this procedure.
Why should I top-up Balance?
When considering purchasing cryptocurrency, there are two primary methods available: buying cryptocurrency using another cryptocurrency (Swap), or utilizing traditional fiat currencies such as Lari, US Dollar, Euro, or others.
If you're starting without any existing coins or tokens, or simply prefer to acquire crypto using GEL, you'll need to transfer funds into Cryptal and fund your account accordingly.
How to Top-up Balance on Cryptal?
Replenishing your account balance on Cryptal is conveniently achievable through two straightforward methods: Card Transfer and Bank Transfer (Wire Transfer).
Opting for a card transfer allows you to link Bank Cards issued by banks operating in Georgia to your profile. At any time, you can transfer the desired amount—whether it's 1 GEL or 10,000 GEL—directly to your account.
The process of adding a card and topping up the account mirrors the simplicity of online payment and subscription platforms like Amazon, eBay, Veli Store, and others.
Alternatively, if you prefer to top up funds to Cryptal via bank transfer (Wire Transfer), you'll require a bank account number. Simply transfer the desired amount from your online or mobile bank to the provided account number, and it will be promptly reflected in your Cryptal account.
Upon authorization, you'll find the necessary account number for transferring funds on Cryptal conveniently displayed in your profile.
Topping up Balance via Bank Card (Visa/MasterCard)
To fill your balance on Cryptal via Bank Card:
- Choose the Desired Fiat Currency – Lari, US Dollar or Euro
- Choose Bank and Card to Transfer funds – Enter the Amount
*Visa/MasterCard issued Cards are having 3% Commission Fees
- Final Confirmation Proccess
The platform makes sure that the information you provide is exact and that the amount and the fees are visible in advance. After Clicking Confirm:
- Enter the OTP Code received from the Bank via SMS
- After entering the Code, you will receive “Check” from the Bank as the Confirmation
Adding Bank Card on Cryptal
Remember, to top-up the balance it is essential to Add the Bank Card to your Account in the first place.
- On the Wallet Page click Add a New Card
- Choose the desired Bank Card, Agree on the Terms & Conditions, Check the Box, and Click Next
- Enter Bank Card information on the Bank page
- For Safety Purposes enter the received OTP Code
- The Card is added!
Topping up Balance via Wire Transfer
Should you opt to top-up funds into your Cryptal account via bank transfer, there's no need to add a card or any additional details to the platform. Upon registration, you'll be presented with a field where you can input the Cryptal account number along with other necessary information. This straightforward process allows you to promptly fill your balance without any additional steps.
- Choose Local Bank Transfer
- Choose the Bank you are transferring funds from - Bank of Georgia or TBC Banks
- From your Online or Mobile Bank enter Cryptal’s Bank Account Number (IBAN) and Description
- The entered amount of fiat will be transferred to your Account in a matter of minutes. You will get the recipe for the transaction by e-mail.
That’s it, your Balance is top-up!
These two straightforward methods empower anyone to instantly replenish their Cryptal account, removing any barriers in the process of buying and selling crypto.
It's important to note that to unlock the full functionality of Cryptal, a simple verification process is necessary.
Additionally, keep in mind that both fiat and crypto transactions are subject to fees.