Deposit

Deposit Assets

Overview

BitGo enables you to deposit both crypto and fiat currencies. Your Go Account is the only wallet type that's multi asset and capable of holding fiat currencies. All other wallets are coin specific.

Depositing coins and tokens into your wallet requires you to get your BitGo wallet address and initiate the deposit from another wallet you control.

Depositing fiat currency into your Go Account requires either an ACH or wire transfer from your bank account to a BitGo bank account. Your bank may charge a wire-transfer fee. Contact your bank to learn more. Deposits can't occur from blacklisted countries.

Note

BitGo assesses risk for potential fraud on every ACH deposit. Deposits with a higher risk assessment may take longer to settle. BitGo may reject transfers if deemed too high risk.

Ticker Symbols

A ticker symbol, or asset ID, can have up to four variations on the BitGo platform, depending on where the asset is held. It's important to understand these distinctions so you use the correct asset ID for a given operation. To learn more, see Asset Ticker Symbols.

Prerequisites

Get Started

Cookbook

Need just the steps? Expand the cookbook below to get started:

Deposit FiatOpen Cookbook

Steps

Connect your bank accounts by manually passing your account details to BitGo.

1. Get Deposit Details

Get bank account details for BitGo and a memo ID. All wire transfers must include a memo ID. This ID links your deposit to your account.

Endpoint: Get deposit info

export ACCESS_TOKEN="YOUR_ACCESS_TOKEN"
export GO_ACCOUNT_ID="GO_ACCOUNT_ID"
export CURRENCY="tfiatusd" # The BitGo-supported fiat currency you want to deposit

curl -X GET \
  "https://app.bitgo-test.com/api/v2/bankaccounts/deposit/info?goAccountId=$GO_ACCOUNT_ID&currency=$CURRENCY" \
  -H "Content-Type: application/json" \
  -H "Authorization: Bearer $ACCESS_TOKEN"

Step Result

{
    "memoId": "JVAIBEMHXT",
    "bankAccounts": [
        {
            "id": "64ae84bdb25d190007958872b5104a7f",
            "idHash": "cd303c82c4c74abf",
            "currency": "tfiatusd",
            "accountNumber": "5766400",
            "token": "tusd",
            "name": "Customers Bank ",
            "shortCountryCode": "US",
            "enterpriseId": "5bd795f1bf7435a503a0a647ec5d3b3d",
            "trustOrg": "BitGo Trust",
            "ownerName": "BitGo Trust Company, Inc",
            "verificationState": "approved",
            "createdAt": "2024-03-07T17:10:57.146Z",
            "ownerAddressLine1": "6216 S Pinnacle Pl Ste #101",
            "ownerAddressCityLocality": "Sioux Falls",
            "ownerAddressStateProvince": "SD",
            "ownerAddressPostalCode": "57108",
            "ownerAddressCountryCode": "US",
            "bankAddressLine1": "40 General Blvd Suite #200",
            "bankAddressCityLocality": "Malvern",
            "bankAddressStateProvince": "PA",
            "bankAddressPostalCode": "19355",
            "bankAddressCountryCode": "US",
            "virtualDepositOnly": false,
            "type": "wire",
            "routingNumber": "031302971",
            "accountType": "unknown",
            "fee": {
                "amount": "1600",
                "individualFees": [
                    {
                        "type": "static",
                        "amount": "1600"
                    }
                ]
            },
        },
    ]
}

2. Initiate Wire Transfer

Depositing fiat currency from your bank account requires using your bank's app or API to initiate a wire transfer. Review your bank's documentation or contact them to learn more about sending a wire transfer.

Note

Ensure to include the memo ID in order to prevent delays in accrediting deposits to your Go Account.

Step Result

The balance of fiat currency in your Go Account updates with the deposited amount. The deposited balance is immediately available for trades.

Next

You can verify successful deposits with the Get Account Balance endpoint.

See Also