How to Scan a QR Code for Bitcoin and Cryptocurrency Deposits on Crypto.com

Depositing cryptocurrency into your Crypto.com account is a straightforward process, and leveraging QR codes simplifies it even further. This guide will walk you through how to use QR codes to deposit Bitcoin and other supported cryptocurrencies into your Crypto.com App, ensuring a smooth and secure transaction. Understanding how to correctly use QR codes for crypto deposits is essential for both beginners and experienced users to avoid potential errors and fund loss.

Understanding Crypto Deposit Addresses and QR Codes

Before diving into the steps, it’s crucial to understand the role of deposit addresses and QR codes in cryptocurrency transactions. A cryptocurrency deposit address is a unique string of characters that identifies your account within a specific blockchain network. Think of it as your bank account number, but for cryptocurrency. This address is where you need to send your crypto when depositing.

A QR code, or Quick Response code, is a two-dimensional barcode that can store information, including cryptocurrency addresses. In the context of crypto deposits, a QR code conveniently encodes your deposit address in a visual format that can be easily scanned by a smartphone camera or QR code scanner. This eliminates the need to manually copy and paste lengthy addresses, reducing the risk of errors.

Using QR codes for crypto deposits offers several benefits:

Accuracy: Scanning a QR code is less prone to errors compared to manually typing or copying and pasting a long address.
Speed: QR code scanning is quick and efficient, speeding up the deposit process.
Convenience: It’s a user-friendly method, especially on mobile devices.

However, it’s still vital to double-check the address after scanning, especially the first few and last few characters, to ensure accuracy.

Step-by-Step Guide to Depositing Crypto via QR Code in the Crypto.com App

The Crypto.com App makes depositing cryptocurrency with QR codes incredibly easy. Here’s how to do it:

Initiate a Deposit: Open your Crypto.com App and tap on the “Deposit” button. Then, select “Crypto”.

Alt Text: Crypto.com App interface showing the “Deposit” button highlighted, guiding users to start a cryptocurrency deposit.
Choose Your Cryptocurrency: Select the cryptocurrency you wish to deposit from the list of supported assets. Ensure that the cryptocurrency you are depositing is supported by the Crypto.com App to avoid any loss of funds. You can refer to this article for a list of supported cryptocurrencies.
Access the QR Code: Once you select the cryptocurrency, a screen will appear displaying your deposit address for that specific crypto. Along with the address, you will see a QR code generated for your deposit address.

Alt Text: Crypto.com App displaying a Bitcoin deposit address along with a prominent QR code, illustrating where users can find the QR code for scanning.
Scan the QR Code from Your External Wallet or Platform: Now, you need to use an external wallet or platform that holds the cryptocurrency you want to deposit. This could be another exchange, a hardware wallet, or a software wallet.
- Using a Mobile Wallet: If you are using a mobile wallet, most wallets have a built-in QR code scanner. Typically, you’ll find a “send” or “withdraw” option in your external wallet. Select this option and look for a QR code scan icon. Tap on the scan icon, and your phone’s camera will activate. Point your camera at the QR code displayed in your Crypto.com App. The scanner will automatically read the deposit address from the QR code.
- Using a Desktop Platform: If you are depositing from a desktop platform, and your wallet supports it, you might have an option to upload a QR code image or use a desktop QR code scanner if available. Alternatively, you can scan the QR code displayed on your computer screen with your mobile wallet app.
Verify the Deposit Address: After scanning the QR code, always verify that the deposit address displayed in your external wallet or platform matches the address shown in your Crypto.com App, especially the first and last few characters. Although QR codes are designed to be accurate, a quick manual check adds an extra layer of security.
Enter the Deposit Amount and Confirm: In your external wallet or platform, enter the amount of cryptocurrency you wish to deposit to Crypto.com. Double-check the amount and the destination address one last time before confirming the transaction.
Submit the Transaction: Once you are confident with all the details, submit or broadcast the transaction from your external wallet or platform. The transaction will then be processed on the respective blockchain network.

Depositing Crypto from an External Wallet Using a QR Code

As highlighted in the steps above, using an external wallet is a common scenario for depositing crypto into Crypto.com. Here’s a recap focusing on the QR code scanning aspect from an external wallet perspective:

Get the Deposit QR Code from Crypto.com App: Follow steps 1-3 in the previous section to get the deposit address and QR code for your chosen cryptocurrency in the Crypto.com App.
Open Your External Wallet and Initiate a Send/Withdrawal: Open your external cryptocurrency wallet application. Navigate to the section for sending or withdrawing funds.
Use the QR Code Scanner in Your External Wallet: Look for the QR code scanner icon within your external wallet’s send/withdrawal section. This is usually represented by a square icon that may resemble a barcode. Tap on this icon to activate the scanner.
Scan the Crypto.com Deposit QR Code: Point your device’s camera at the QR code displayed in your Crypto.com App. Ensure the QR code is clearly visible and well-lit for successful scanning.
Confirm and Send: After scanning, your external wallet should automatically populate the recipient address field with the address encoded in the QR code. Verify the address, enter the amount you wish to deposit, and confirm the transaction according to your wallet’s procedures.

Important Considerations for Crypto Deposits

While using QR codes simplifies deposits, it’s essential to be aware of these crucial points:

Same Address for ETH and ERC-20 Tokens: Your deposit address for Ethereum (ETH) and all ERC-20 tokens is the same. However, always ensure you are sending the correct token to this address and selecting the Ethereum network in your sending wallet.
Destination Tag/Memo for Specific Cryptocurrencies: For certain cryptocurrencies like XRP, BNB, EOS, XLM, ATOM, BAND, CRO (Native), STX, KAVA, RUNE, and LUNC, a destination tag or memo is required in addition to the deposit address. The Crypto.com App will provide this tag/memo along with the deposit address and QR code if it’s needed for the cryptocurrency you are depositing. Make sure to include this tag/memo in the designated field in your sending wallet. Failing to include the tag/memo may result in the loss of your funds.
BRC20 Token Deposits to Taproot Address: Ensure that BRC20 tokens are deposited to your newly generated Taproot address (starting with bc1p). Depositing Bitcoin Ordinals, including BRC20 tokens, to your legacy BTC address (starting with “3”) may lead to them being unrecoverable.
Deposit Confirmations: After you initiate a deposit, it needs to be confirmed on the blockchain network. The number of confirmations required varies depending on the cryptocurrency network. Refer to the table below for the deposit confirmations required for different networks on Crypto.com:

| Network |—|—|—|—|—|—|—|—|—|
| Acala (ACA) | 30 | | Aptos (APT) | 200 | | Archway (ARCH) | 150 | | Astar (ASTR) | 60 | | Avalanche C-Chain | 60 | | Base | 64 | | Bittensor (TAO) | 5 | | BNB Smart Chain (BEP20) | 60 | | Cardano (ADA) | 30 | | Chia Network (XCH) | 2 | | Cronos zkEVM (zkCRO) | 10 | | Polkadot (DOT) | 10 | | MultiversX (EGLD) | 5 | | Ethereum (ERC20) | 32 | | Fantom (FTM) | 60 | | Flare (FLR) | 150 | | Helium (HNT) | 2 | | Internet Computer | Juno (JUNO) | 15 | | Klaytn (KLAY) | 6 | | Lisk L2 | 30 | | MiL.k (MLK) | 100 | | Moonbeam (GLMR) | 30 | | Nano (XNO) | 1 | | Neutron (NTRN) | 150 | | Harmony (ONE) | 12 | | Optimism (OP) | 100 | | Polygon | 256 | | Ravencoin (RVN) | 200 | | Sei (SEI) | 100 | | Songbird (SGB) | 128 | | Stratis EVM (STRAX) | 4 | | Terra (LUNA2) | 15 | | Theta Network (THETA) | 12 | | Vara Network (VARA) | 180 | | WEMIX (WEMIX) | 200 | | ZetaChain (ZETA) | 40 | | Deposit Confirmations | | Network | Deposit Confirmations | | Network | Deposit Confirmations |
| Akash Network (AKT) | 15 | | Algorand (ALGO) | 1 |
| Arbitrum Nova | 300 | | Arbitrum One | 15 |
| Ark (ARK) | 60 | | Arweave (AR) | 20 |
| Cosmos (ATOM) | 20 | | Avalanche (AVAX) | 10 |
| Axelar (AXL) | 5 | | Band Protocol (BAND) | 15 |
| Bitcoin Cash (BCH) | 5 | | BNB Beacon Chain (BEP2) | 6 |
| Blast (BLAST) | 30 | | Bitcoin Ordinals (BRC20) | 2 |
| Bitcoin (BTC) | 2 | | Canto (CANTO) | 100 |
| Casper (CSPR) | 6 | | Celestia (TIA) | 15 |
| Cronos (CRO) | 15 | | Cronos PoS Chain (CRO) | 1 |
| DigiByte (DGB) | 60 | | Dogecoin (DOGE) | 50 |
| dYdX (DYDX) | 20 | | Dymension (DYM) | 20 |
| Enjin (ENJ) | 60 | | EOS (EOS) | 1 |
| Ethereum Classic (ETC) | 3000 | | EthereumPoW (ETHW) | 4000 |
| Fetch.ai (FET) | 15 | | Filecoin (FIL) | 910 |
| NEO3 | 5 | | Hedera Hashgraph (HBAR) | 300 |
| ICON (ICX) | 3 | | Injective (INJ) | 400 |
Protocol (ICP) | 1 | | IoTeX (IOTX) | 10 | | IRISnet (IRIS) | 15 |
| Kadena (KDA) | 30 | | Kava (KAVA) | 15 |
| Kusama (KSM) | 100 | | KYVE Network (KYVE) | 10 |
| Litecoin (LTC) | 12 | | Lukso (LYX) | 64 |
| Metis (METIS) | 30 | | Mina Protocol (MINA) | 20 |
| Moonriver (MOVR) | 30 | | MXC Layer-3 zkEVM | 30 |
| Near (NEAR) | 6 | | Nervos Network (CKB) | 25 |
| Numbers Protocol (NUM) | 6 | | Oasys (OAS) | 12 |
| Ontology (ONT) | 6 | | Ontology Gas (ONG) | 6 |
| Oraichain (ORAI) | 150 | | Osmosis (OSMO) | 15 |
| Polymesh (POLYX) | 30 | | Qtum (QTUM) | 23 |
| Ronin (RON) | 200 | | Shiden Network (SDN) | 30 |
| Siacoin (SC) | 6 | | Solana (SOL) | 300 |
| Starknet (STRK) | 6 | | Stellar (XLM) | 5 |
| Stacks (STX) | 15 | | Sui (SUI) | 1 |
| Terra Classic (LUNC) | 15 | | Tezos (XTZ) | 30 |
| THORChain (RUNE) | 15 | | TON (TON) | 10 |
| VeChain (VET) | 12 | | WAX (WAXP) | 1 |
| XPLA (XPLA) | 300 | | XRP | 20 |
| Zilliqa (ZIL) | 1 | | zkSync Era (ZK) | 1 |

Once the required confirmations are completed, you will receive an email notification confirming your successful deposit. You can also check your deposit status within the Crypto.com App transaction history.

By following these steps and paying attention to the important considerations, you can confidently and securely deposit cryptocurrency into your Crypto.com account using QR codes, taking advantage of this efficient and user-friendly method. Remember to always double-check all details before confirming any crypto transaction.