CBCX

Frequently Asked Questions

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Part 5: Deposit and Withdrawal Instructions

Q18

Supported Deposit Methods

To protect client fund security and comply with international regulatory requirements, CBCX only accepts the following international payment methods:

  • U Wallet: (USDT-TRC20, USDT-ERC20, USDT-BSC).
  • Wire Transfer / SWIFT: Supported only in USD.

CBCX does not accept direct RMB (CNY) recharge channels.

Q19

Explanation of Unsupported Deposit Methods

For compliance reasons, CBCX does not accept the following:

  • Credit/Debit Card recharge.
  • Alipay transfers.
  • UnionPay transfers.
  • Other direct RMB payment channels.

Q20

Explanation of USDT Deposits and Wallet Addresses

Fund Storage: CBCX uses digital asset custody technology provided by Fireblocks to set up independent wallet addresses for clients.

Security Technology: Funds are managed and protected through Fireblocks' technical system.

Important Note: The corresponding wallet address is updated every time a client makes a deposit. Do not reuse the same wallet address for multiple transfers.

Automation: Currently, CBCX USDT deposits are credited automatically. Weekend deposits are allowed without manual confirmation, offering flexibility in time and location.

Q21

Withdrawal Process and Arrival Time

Withdrawal Processing Time:

  • USDT: Requests are generally processed within one working day, and often completed within 30 minutes of submission.
  • Wire Transfer: Generally processed within 3 working days. Considering international bank settlements, funds usually arrive within 1 week.

Weekends/Non-working Days: Applications can be submitted but will be delayed to the next working day for processing. It is recommended to submit important requests before Friday.

Q22

Common Reasons for Withdrawal Delays

Why does withdrawal take longer than the advertised 10-30 minutes? Daily withdrawals are typically processed within 10–30 minutes after document verification. Delays may occur due to:

  • Additional manual review or compliance audit.
  • Secondary confirmation of collection information.
  • Blockchain network congestion (for crypto).
  • Large withdrawals during periods of high market volatility.

If delayed, please provide the Account ID for customer service inquiry.

Q23

Are there fees for deposits and withdrawals?

Platform Fees: CBCX does not charge any account opening fees, deposit fees, or withdrawal fees.

Blockchain Network Fees: If using cryptocurrency channels, blockchain network fees (miner fees) may be generated during the transfer. These are charged directly by the blockchain network, not the platform. The actual amount is determined by the network conditions at the time.

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CBCX MARKETS is a member and partner who shares the same name as CBCX Group, including: CBCX markets Ltd. is resgistered in Anguilla with the company registration number A000001172. Its registered address is Pablo Building, The Valley, Anguilla.

CBCX MARKETS does not provide investment advice. It is highly recommended that you seek specialised financial, legal, and tax advice before opting for any financial product or engaging in trading activities with high-risk products like CFDs. The information in this brochure, including news, research, analysis, prices, and other details, is provided solely for informational or educational purposes and should not be regarded as investment advice or a binding offer. Additionally, the content is subject to change without prior notice. The information in this brochure does not represent a solicitation or investment recommendation, and CBCX MARKETS does not guarantee the accuracy of the information provided. CBCX MARKETS disclaims liability for any losses or damage resulting from the use of this brochure or reliance on its content.   

Risk Warning: The value of financial products can fluctuate, increasing or decreasing over time based on the performance of the underlying securities and prevailing market conditions. Historical performance is not a reliable indicator of future results. CFDs, characterised by their complexity, entail a substantial risk of rapid financial loss due to leverage. A significant majority of retail investor accounts incur losses when trading CFDs. You should carefully consider whether you are in a financial position to bear the high risk of losing your money. It is possible for clients to lose more than their initial deposit. All trading carries risks; it is essential to review the full Risk Disclosure. Restricted Regions: The content in our brochure is not intended for residents of the United States, Belgium, Israel, Iran, Myanmar, and North Korea (officially the Democratic People's Republic of Korea), nor should it be used by any person in any country or jurisdiction where such use or distribution would contravene local laws or regulations.  

Frequently Asked Questions - Deposit and Withdrawal Instructions | CBCX Trading