Possible Reasons for BitTap Deposit Not Being Credited

BitTap
2 min readDec 15, 2024

If your cryptocurrency deposit on the BitTap platform has not been credited in a timely manner, it could be due to the following common reasons. Follow the steps below to troubleshoot the issue and take appropriate actions to resolve it:

1. Deposit is Awaiting Network Confirmation

When depositing funds, the transaction must be confirmed by the blockchain network before it is credited to your BitTap account. Each cryptocurrency has a different number of required confirmations, and BitTap usually requires more confirmations than the blockchain itself to ensure transaction security.

Example:

· BTC Deposits: The blockchain network may only require 1 confirmation, but BitTap requires at least 2 confirmations for the deposit to be credited.

Solution: Use a blockchain explorer (such as Etherscan, Tronscan) to check the transaction ID (TxID) and see the status of the confirmation process. If the transaction has not yet reached the required number of confirmations, please wait patiently. Once the confirmations are complete, the funds will be automatically credited to your account.

2. Deposit Sent to an Unsupported Cryptocurrency or Network

Before depositing, make sure that the chosen cryptocurrency and network are supported by BitTap. If you deposit unsupported tokens or use an unsupported network (e.g., the wrong ERC-20 or TRC-20 network), the funds may not be credited and could even be lost.

Solution: Before making a deposit, visit the BitTap Deposit & Withdrawal Status page to confirm whether the cryptocurrency and network are supported. If the deposit was made to an unsupported token or incorrect network, contact BitTap customer support immediately. However, please note that the likelihood of recovering funds in such cases is low.

3. Deposit Amount Below Minimum Deposit Limit

Each cryptocurrency has a minimum deposit amount requirement. If you deposit an amount below this threshold, even if the transaction is confirmed on the blockchain, the funds may not be credited to your account.

Solution: Check the BitTap Cryptocurrency Deposit Page for the minimum deposit amount requirement. Ensure that your deposit meets the required minimum. If the deposit was below the limit, contact BitTap customer support to see if they can assist in manually retrieving the funds.

4. Wallet Maintenance

If the wallet for a specific cryptocurrency is under maintenance, deposits will be delayed. During maintenance, deposits will not be processed until the wallet is fully operational again.

Solution: Check BitTap’s announcements to see if there is any notice of wallet maintenance. If the wallet is under maintenance, please wait until the maintenance is completed. Once the wallet is back online, your funds should be automatically credited. Stay informed by following the maintenance updates on the announcement page.

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BitTap
BitTap

Written by BitTap

BitTap is a cryptocurrency exchange offering Spot, Derivatives Trading and more.

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