# Bitfinex Deposits

> Fund Bitfinex with a USD or EUR bank wire. Compare the OpenPayd and manual wire options, verification levels, fees, minimums and arrival times, then move your funds to the Funding Wallet to start lending.

- URL: https://falconlend.ai/en/faq/bitfinex-on-ramp/
- Updated: 2026-10-23

**Contents**

* [Choose a Deposit Method](#choose-a-deposit-method)
* [Method 1: OpenPayd Wire (Recommended)](#method-1-openpayd-wire-recommended)
* [Method 2: Manual Wire Through Bitfinex](#method-2-manual-wire-through-bitfinex)
* [After Your Deposit Arrives: Move Funds to the Funding Wallet](#after-your-deposit-arrives-move-funds-to-the-funding-wallet)
* [FAQ](#faq)
* [Official References](#official-references)
* [Risk Disclosure](#risk-disclosure)

---

**Path:** Your bank account (USD/EUR) → international wire (SWIFT/SEPA) → Bitfinex (USD/EUR) → Funding Wallet

> The sending bank account must be **opened in your own name**.

## Choose a Deposit Method

Bitfinex supports USD, EUR and GBP bank wires, processed in one of two ways:

| | OpenPayd (recommended) | Manual wire |
|---|---|---|
| Verification level | EUR/GBP: Intermediate or above; USD: Full | Full |
| EUR fee | €5 per transaction (0.1% above 10,000 EUR) | 0.1%, minimum 60 USD/EUR |
| USD fee | 0.1%, minimum 30 USD per transaction | 0.1%, minimum 60 USD/EUR |
| Minimum deposit | EUR: none; USD: 10,000 USD | 10,000 USD/EUR |
| Transfer network | EUR: SEPA / SEPA Instant; USD: SWIFT | International SWIFT wire |
| Arrival time | EUR: about 1 business day (near-instant with SEPA Instant); USD: about 24 hours on business days | Commonly about 5 business days |

* **Users in Europe depositing EUR:** choose OpenPayd first. It has the lowest requirements and the lowest fees.
* **Users outside Europe, or if OpenPayd does not support your bank's country:** choose a manual wire.
* OpenPayd's USD service is limited to the European Economic Area (EEA) and a few other countries such as Switzerland and Norway. **The United States, the United Kingdom, Japan and China are not supported.** EUR and GBP have fewer restricted regions. For the full list, check the Bitfinex deposit page.

## Method 1: OpenPayd Wire (Recommended)

1. Log in to Bitfinex and make sure your account has the required verification level (Intermediate or above for EUR, Full for USD).
2. Go to `Wallet` > `Deposits` > `Bank transfer`, then select `Euro` or `US Dollar`.
3. Select the wallet you want to deposit to and enter the deposit amount.
4. Select `OpenPayd` as the processor.
5. Select the country where your bank is located, and accept the OpenPayd notice and terms.
6. The wire recipient details will be shown. Use your online banking or visit your bank to send the wire to those details.
    * EUR: if your bank supports SEPA Instant, the system selects it automatically. Both the sending and receiving banks must support it for the transfer to be instant.
    * USD: processed as a standard SWIFT transfer.

## Method 2: Manual Wire Through Bitfinex

1. Make sure your account is at the `Full` verification level.
2. Go to `Wallet` > `Deposits` > `Bank transfer`.
3. Select the currency (USD/EUR), the wallet to deposit to and the amount, choose `Manual` as the processor, then click `Continue`.
4. After you submit the request, Bitfinex reviews it within 48 hours. Once approved, you receive an email with the bank account details to wire your funds to.
5. Send the wire to Bitfinex using those details.

> ⚠️ Wire in the **same currency** you selected in the request. If you send a different currency, your bank converts it automatically. Bitfinex is not responsible for the exchange rate and credits only the amount received after conversion.

The fee is deducted directly from the amount credited to your account. You can see the details under `Reports` > `Movements`.

## After Your Deposit Arrives: Move Funds to the Funding Wallet

* Once your funds arrive, make sure they are in the `Funding Wallet` so they can be auto-lent. See [Bitfinex Wallets Explained](https://falconlend.ai/en/faq/bitfinex-wallet-transfer.md).
* If you deposited EUR, first swap it to USD (or USDT) in the `Exchange Wallet`, then transfer it to the Funding Wallet. For the assets FalconLend can lend, check the platform's strategy settings page.

After your deposit, continue with [Bitfinex Setup and Creating an API Key](https://falconlend.ai/en/faq/bitfinex-settings.md). To withdraw back to your bank later, see [Bitfinex Withdrawals](https://falconlend.ai/en/faq/bitfinex-off-ramp.md).

## FAQ

### How long until my wire arrives?
* OpenPayd: USD within about 24 hours on business days; EUR about 1 business day.
* Manual wire: depends on your bank and any intermediary banks. International wires commonly take about 5 business days. Bitfinex credits your account on the day the funds reach its bank.

### What if it takes longer than expected?
A delay may come from an intermediary bank, or your bank may not have sent the payment yet. Contact Bitfinex Support and provide:
* Your Deposit ID
* The SWIFT MT103 message from your bank. If your bank cannot provide it, ask for a Proof of Payment instead.

## Official References
* [How to make a Bank Wire Deposit to Bitfinex](https://support.bitfinex.com/hc/en-us/articles/360023357574)
* [Wire deposit and withdrawal with OpenPayd on Bitfinex](https://support.bitfinex.com/hc/en-us/articles/4756026946969)
* [Fiat on Bitfinex — Frequently Asked Questions (FAQ)](https://support.bitfinex.com/hc/en-us/articles/360010505034)
* [What is a Proof of Payment at Bitfinex](https://support.bitfinex.com/hc/en-us/articles/360010741994)

## Risk Disclosure
This page is compiled from Bitfinex's official documentation. Fees, limits and supported countries may change at any time, so always check the Bitfinex deposit page and official announcements. Wire processing and risk controls are handled by your bank, OpenPayd and Bitfinex respectively. FalconLend does not guarantee any service. Please do your own research (DYOR).

---

## Risk Disclosure

1. **Rate volatility**: Funding rates float with market supply and demand; there is no fixed or guaranteed return. You can set a "minimum lending rate," but setting it too high may leave funds idle and unlent, lowering your effective APR.
2. **Exchange / platform risk**: Your funds are held at a third-party exchange (e.g., Bitfinex). Insolvency, hacks, frozen withdrawals, or regulatory changes could cause loss or make funds unrecoverable — outside this platform’s control.
3. **Crypto price volatility**: If collateral value drops sharply, default losses can still occur under extreme conditions.
4. **Liquidity risk**: In quiet markets, funds may not be lent out or may not be redeemable immediately.
5. **Smart contract / technical risk**: System errors, downtime, and operational mistakes can occur.
6. **Regulatory risk**: Crypto regulation in Taiwan and the US continues to evolve and may affect the service or your taxes.
7. **Tax responsibility**: Reporting lending income is your own responsibility.
8. **Platform service risk**: The platform only helps execute lending; if the service is interrupted, you must manage your positions yourself.

**Important:**

This site is for informational purposes only and is **not investment or financial advice**. Lending **does not guarantee principal or returns**; it is not a deposit and is not insured, and past performance does not indicate future results. 

Please read Bitfinex’s public disclosures and assess the risks yourself before lending, or consult a professional. 

We make a good-faith effort to keep information up to date, but markets change quickly; if anything differs from a third-party platform’s announcements, the third-party platform prevails. 

FalconLend’s official social accounts are for sharing information only. We will never message you first, or ask for your API keys, passwords, or any transfer. Beware of impersonators.

Full page: https://falconlend.ai/en/risk/