Skip to content

How to Deposit

Overview

Making your first deposit on YC365 is a straightforward process that enables you to start trading on prediction markets. This comprehensive guide will walk you through every step, from wallet setup to completing your first deposit transaction.

Prerequisites Checklist

Before you begin the deposit process, ensure you have:

✅ Wallet Requirements

  • EVM-compatible wallet installed (MetaMask recommended)
  • BSC Mainnet configured in your wallet
  • Wallet properly secured with strong password and backup phrase

✅ Asset Requirements

  • USDT (BEP-20) tokens for trading
  • BNB tokens for gas fees (minimum 0.01 BNB recommended)
  • Assets in BSC wallet (not on other networks)

✅ Technical Requirements

  • Stable internet connection
  • Updated browser (Chrome, Firefox, Safari, or Edge)
  • Access to dapp.yc365.io

Step-by-Step Deposit Guide

Step 1: Wallet Setup and Configuration

If you don't have MetaMask installed:

  1. Download MetaMask
  2. Visit metamask.io img.png
  3. Click "Download" and select your browser
  4. Install the browser extension img_1.png

  5. Follow setup instructions to create a new wallet img_2.png

  6. Secure Your Wallet

  7. Write down your 12-word seed phrase securely img_7.png
  8. Store it in a safe place (never digital)
  9. Set a strong password img_6.png
  10. Enable all security features img_3.png

Configuring BSC Network

Add Binance Smart Chain to your MetaMask:

  1. Open MetaMask
  2. Click the network dropdown (usually shows "Ethereum Mainnet") img_8.png

  3. Select "Add Network" or "Custom RPC" img_9.png

  4. Enter BSC Network Details Network Name: Smart Chain New RPC URL: https://bsc-dataseed.binance.org/ Chain ID: 56 Currency Symbol: BNB Block Explorer URL: https://bscscan.com img_10.png

  5. Save and Switch
  6. Click "Save" to add the network
  7. Switch to "Smart Chain" network
  8. Verify you see BNB as the native token

Step 2: Acquiring Required Assets

Getting USDT (BEP-20)

You need USDT on the Binance Smart Chain for trading:

Option 1: Purchase from Exchange 1. Buy on Binance - Create account on Binance.com - Complete KYC verification - Buy USDT using fiat or crypto - Withdraw to your BSC wallet address

  1. Other Exchanges
  2. KuCoin, Gate.io, or other BSC-supporting exchanges
  3. Ensure you select "BEP-20" network for withdrawal
  4. Double-check wallet address before sending

Option 2: Swap from Other Tokens 1. Use PancakeSwap - Visit pancakeswap.finance - Connect your wallet - Swap BNB or other tokens for USDT

  1. Use 1inch or Other DEXs
  2. Compare rates across multiple DEXs
  3. Execute swap for best price

Getting BNB for Gas Fees

You need BNB to pay for transaction fees:

  1. Minimum Amount
  2. Hold at least 0.01 BNB for gas fees

  3. 0.05 BNB recommended for multiple transactions

  4. Acquisition Methods

  5. Buy directly on exchanges
  6. Receive from faucets (small amounts(https://www.bnbchain.org/en/testnet-faucet))
  7. Swap from other tokens on DEXs

Step 3: Connecting to YC365

Accessing the Platform

  1. Visit YC365
  2. Navigate to dapp.yc365.io
  3. Ensure URL is correct (check for https://) img.png

  4. Bookmark the official URL for future use

  5. Connect Your Wallet

  6. Click "Connect Wallet" button img_1.png
  7. Select "MetaMask" from wallet options img_2.png
  8. Approve connection in MetaMask popup img_4.png
  9. Verify wallet address is displayed correctly img_3.png

Verifying Connection

  1. Check Network
  2. Ensure you're on BSC network
  3. Platform should show "BSC" or "Smart Chain"

  4. Switch networks if necessary img_5.png

  5. Check Balance Display

  6. Platform should show your USDT balance
  7. BNB balance should also be visible
  8. Refresh if balances don't appear

Step 4: Making Your First Deposit

Accessing Deposit Function

  1. Navigate to Deposit
  2. Click on "Deposit" button or menu item img_6.png
  3. This may be in the main interface or under "Wallet"

  4. You'll be taken to the deposit interface

  5. Review Deposit Information

  6. Check supported assets (USDT BEP-20)
  7. Review minimum deposit amounts
  8. Understand any deposit fees

Completing the Deposit

  1. Enter Deposit Amount
  2. Specify amount of USDT to deposit img_7.png
  3. Start with a small amount for your first deposit

  4. Ensure you have enough BNB for gas fees img_8.png

  5. Review Transaction Details Asset: USDT (BEP-20) Amount: [Your specified amount] Network Fee: ~0.005-0.02 BNB Destination: YC365 Vault Contract

  6. Confirm in Wallet

  7. Click "Deposit" or "Confirm" button
  8. MetaMask popup will appear
  9. Review all transaction details carefully

  10. Click "Confirm" in MetaMask img_9.png

  11. Wait for Confirmation

  12. Transaction will be broadcast to BSC
  13. Wait for blockchain confirmation (usually 3-15 seconds)
  14. Do not close browser or refresh page

Verification and Completion

  1. Check Transaction Status
  2. Platform will show "Pending" then "Confirmed"
  3. You can view transaction on BSCScan

  4. Save transaction hash for records

  5. Verify Balance Update

  6. Your YC365 balance should update automatically
  7. Allow 5-20 seconds for balance refresh
  8. Contact support if balance doesn't update

Deposit Process Example

Example Deposit Walkthrough

Let's walk through a typical first deposit:

Scenario: New user wants to deposit 100 USDT

Pre-deposit Checklist: - ✅ MetaMask installed and configured for BSC - ✅ 100 USDT (BEP-20) in wallet - ✅ 0.02 BNB for gas fees

Step-by-Step Process: 1. Connect: Visit dapp.yc365.io and connect MetaMask 2. Access: Click "Deposit" button in main interface 3. Amount: Enter "100" in the USDT amount field 4. Review: Confirm 100 USDT deposit details 5. Submit: Click "Deposit" button 6. Confirm: Approve transaction in MetaMask popup 7. Wait: Wait 10-15 seconds for confirmation 8. Verify: Check that balance shows 100 USDT available

Expected Costs: - Deposit Amount: 100 USDT - Gas Fee: ~0.01 BNB (~$3-5 USD) - Platform Fee: 0 USDT (no deposit fees) - Total Cost: 100 USDT + gas fee

Security Best Practices

🔒 Transaction Security

Before Submitting Transaction

  • Verify Website URL: Always check you're on dapp.yc365.io
  • Check Wallet Connection: Ensure correct wallet is connected
  • Review Amount: Double-check deposit amount is correct
  • Confirm Network: Verify you're on BSC network

During Transaction

  • Don't Rush: Take time to review all details
  • Check Gas Fee: Ensure gas fee is reasonable
  • Verify Contract: Transaction should be to YC365 vault contract
  • Stay Connected: Keep browser open until confirmation

After Transaction

  • Save Records: Screenshot or save transaction hash
  • Monitor Balance: Wait for balance update
  • Verify on Explorer: Check transaction on BSCScan
  • Report Issues: Contact support if problems occur

🛡️ Wallet Security

MetaMask Security

  • Lock When Not Using: Always lock MetaMask when done
  • Regular Updates: Keep MetaMask updated to latest version
  • Phishing Protection: Never enter seed phrase on websites
  • Hardware Wallet: Consider hardware wallet for large amounts

Private Key Protection

  • Never Share: Never share private keys or seed phrases
  • Secure Storage: Store seed phrase offline and securely
  • Multiple Copies: Keep backup copies in separate locations
  • No Digital Storage: Avoid storing seed phrases digitally

Common Issues and Solutions

🔧 Transaction Issues

Transaction Failed

Problem: Deposit transaction failed or reverted

Possible Causes: - Insufficient BNB for gas fees - Network congestion - Wrong network selected - Contract interaction error

Solutions: 1. Check BNB balance and add more if needed 2. Wait for lower network congestion 3. Verify you're on BSC network 4. Try transaction again with higher gas fee 5. Contact support if issue persists

Transaction Stuck/Pending

Problem: Transaction shows as pending for long time

Solutions: 1. Wait longer (BSC can occasionally have delays) 2. Check BSCScan for transaction status 3. Try speeding up transaction in MetaMask 4. Cancel and retry if necessary

Balance Not Updated

Problem: Deposited funds not showing in account

Solutions: 1. Wait 30 seconds and refresh page 2. Check transaction was confirmed on BSCScan 3. Verify transaction was to correct contract 4. Contact support with transaction hash

🔧 Wallet Issues

Cannot Connect Wallet

Problem: MetaMask won't connect to platform

Solutions: 1. Refresh browser page 2. Unlock MetaMask 3. Switch to BSC network 4. Clear browser cache 5. Try different browser 6. Restart MetaMask

Wrong Network

Problem: Wallet connected to wrong network

Solutions: 1. Open MetaMask 2. Click network dropdown 3. Select "Smart Chain" or "BSC" 4. Refresh platform page

🔧 Asset Issues

No USDT Balance

Problem: Don't have USDT to deposit

Solutions: 1. Purchase USDT on exchange and withdraw to BSC 2. Swap other tokens for USDT on PancakeSwap 3. Use cross-chain bridge if you have USDT on other networks

Insufficient Gas

Problem: Not enough BNB for transaction fees

Solutions: 1. Buy small amount of BNB on exchange 2. Use BSC faucet for minimal amounts 3. Ask someone to send small amount of BNB

Advanced Deposit Features

📊 Deposit Analytics

Track Your Deposits

  • Deposit History: View all past deposits
  • Total Deposited: See cumulative deposit amounts
  • Average Size: Track average deposit size
  • Frequency: Monitor deposit frequency

Tax and Record Keeping

  • Transaction Records: Maintain detailed deposit records
  • Export Data: Download deposit history for tax purposes
  • Cost Basis: Track cost basis for tax calculations
  • Professional Advice: Consult tax professional for guidance

🔄 Deposit Automation

Setting Up Regular Deposits

While YC365 doesn't currently support automatic deposits, you can: - Schedule Reminders: Set calendar reminders for regular deposits - Batch Deposits: Make larger, less frequent deposits - DCA Strategy: Dollar-cost average into markets over time

Platform Limits and Policies

📏 Deposit Limits

Current Limits

  • Minimum Deposit: 10 USDT
  • Maximum Deposit: No maximum limit
  • Daily Limits: No daily deposit limits
  • Asset Types: Only USDT (BEP-20) supported

Future Enhancements

  • Multiple Assets: Additional stablecoins planned
  • Cross-chain: Multi-blockchain support coming
  • Instant Deposits: Faster deposit processing
  • Batch Deposits: Multiple asset deposits

📜 Deposit Policies

Important Policies

  • No Deposit Fees: YC365 charges no deposit fees
  • Irreversible: Blockchain transactions are irreversible
  • Network Responsibility: Users responsible for network fees
  • Support Availability: 24/7 support for deposit issues

Terms and Conditions

  • Asset Custody: Assets held in audited smart contracts
  • User Responsibility: Users responsible for wallet security
  • Platform Updates: Policies may be updated with notice
  • Compliance: Platform operates in compliance with regulations

Next Steps After Deposit

🚀 Getting Started with Trading

Once your deposit is confirmed:

  1. Explore Markets
  2. Browse available prediction markets
  3. Review event details and odds

  4. Understand market mechanics

  5. Learn Platform Features

  6. Familiarize yourself with trading interface
  7. Understand order types and execution

  8. Review fee structure and costs

  9. Make Your First Trade

  10. Start with small amounts
  11. Choose markets you understand

  12. Practice risk management

  13. Continue Learning

  14. Read our Making Your First Trade guide
  15. Join community discussions
  16. Follow market updates and news

Congratulations! 🎉 You've successfully completed your first deposit on YC365. You're now ready to explore prediction markets and make your first trade. Continue to our Making Your First Trade guide to learn how to place your first order.

Remember: Start small, trade responsibly, and never invest more than you can afford to lose. The YC365 team is here to support you throughout your trading journey.