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How to transfer USDC to Yieldfund?

After contacting us and receiving the Yieldfund wallet address, you can proceed with transferring your investment. The easiest way to do this is through a cryptocurrency exchange, where you can deposit funds using various payment methods and convert them into USDC.

If you don’t have an account on an exchange yet, follow the steps below to create one.

Creating a wallet

  1. Go to the website of a reliable cryptocurrency exchange and create an account. We can recommend wallets that work smoothly, feel free to ask us!
  2. Verify your email address.
  3. Enter the required personal details.
  4. Verify your identity according to the exchange’s instructions.
  5. Deposit money into your account and convert it into USDC.

Need help setting up a wallet? Check out our guide here.

Sending USDC to Yieldfund

Before you can transfer USDC to Yieldfund, you may need to disable withdrawal security and add the external address to your address book. Once these steps are completed, follow the instructions below to complete the transaction:

  1. Log in to your exchange account.
  2. Buy USDC and go to your wallet.
  3. Find the option to withdraw USDC and click on it.
  4. Select the Yieldfund wallet address that you have added to your address book.
  5. Confirm the network for the transaction. Most exchanges use the ERC-20 network for USDC, so before proceeding, please request Yieldfund’s wallet address from us to ensure the correct transfer.
  6. Enter the amount you want to transfer.
  7. Review the transaction and confirm it.
  8. Confirm the transaction via the email you receive from the exchange.

After completing these steps, your investment will be transferred to Yieldfund. Keep in mind any transaction fees and blockchain processing time. To ensure a smooth process, please let us know once you’ve completed the transaction so we can monitor its arrival on our end.

Transferring money to our bank account

If you prefer not to send your investment via an exchange, you can also transfer it via bank transfer.

Please note that 1.15% of your initial investment will be deducted due to costs incurred by Yieldfund for converting the money to USDC. As a result, your initial investment will decrease by 1.15%, and your weekly payouts will be calculated based on the adjusted amount. However, at the end of your contract, you will receive your full initial investment back.

It is important to create a wallet, as this is where you will receive your weekly payouts. Contact Yieldfund and confirm which wallet address should be used for your payments.

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