How to Deal With Unarrived Deposits and Possible Reasons

Crypto Transfer Process

Transferring funds from an external platform to FameEX involves three steps:

• Withdrawal from the external platform

• Blockchain network confirmation

• FameEX credits the funds to your account

Reasons for Unarrived Deposits

1. Multiple factors can affect the arrival of funds, including but not limited to smart contract deposit, abnormal transaction status on blockchain, blockchain congestion, failure to transfer out normally by the withdrawal platform, wrong or missing memo/tag, deposit address or the choice of the wrong chain type, suspension of deposit on target address platform, etc.

2. When a withdrawal is marked as “completed” or “success” on the platform from which you're withdrawing your crypto, it means that the transaction has been successfully broadcast to the blockchain network. However, the transaction may still require time to be fully confirmed and credited to the recipient platform. Please note that the required network confirmations vary with different blockchains. Take BTC deposits as an example:

• Your BTC deposit will be credited to your account after at least 1 network confirmation.

• After being credited, all assets in your account will be temporarily frozen. For security purposes, a minimum of 2 network confirmations are required before your BTC deposit can be unlocked on FameEX.

3. Due to possible network congestion, there might be a significant delay in processing your transaction. You may use the TXID (Transaction ID) to look up the status of the transfer of your assets from a blockchain explorer.