# Cross-chain crypto deposits

You can now deposit crypto from other networks directly into Moonshot with no manual bridging or swapping required. Send coins like ETH, BTC, USDT, and more. Moonshot automatically converts them into cash (USDC) or SOL.

#### What is a cross-chain deposit? <a href="#what-is-it" id="what-is-it"></a>

With cross-chain deposits, you can send coins from networks like Ethereum, BNB Chain, and others directly to your Moonshot wallet. The conversion happens automatically behind the scenes, so your funds arrive ready to trade.

#### What you receive

When your deposit arrives, Moonshot converts it to one of the following. You choose which during the deposit flow.

**💵 Cash (USDC)**

* Your deposit is converted to USDC, a stablecoin fully backed by cash equivalents.

**◎ Solana (SOL)**

* Your deposit is converted to SOL, the native coin of the Solana network.

#### Fees

Fees depend on what's needed to get your deposit into your wallet.\
\
If you're sending a coin that's already on Solana — like USDT, USDC, or SOL — there's no bridging involved, just a swap. The fee is \~0.1%.\
\
If your deposit needs to be bridged from another network — like sending ETH from Ethereum or BNB from BNB Smart Chain — the fee is \~0.25%.\
\
A few examples:<br>

* **USDT on Solana → USDC:** \~0.1% fee (swap only)
* **ETH on Ethereum → USDC:** \~0.25% fee (bridge + swap)
* **USDC on Solana → USDC:** no fee

{% hint style="danger" %}
Depositing an amount below the minimum cannot be recovered and will result in permanent loss of funds.
{% endhint %}

### &#x20;How to make a cross-chain deposit

{% stepper %}
{% step %}

#### **Go to Holdings → Deposit**

Select `Crypto` from the Payment Methods drop-down.
{% endstep %}

{% step %}

#### **Choose what to convert it to**

Select `Cash (USDC)` or `Solana (SOL)`. Your deposit will be converted to whichever you choose.
{% endstep %}

{% step %}

#### **Choose the coin you want to send**

Select which coin and network you're sending from.
{% endstep %}

{% step %}

#### **Copy your deposit address or scan the QR**

{% endstep %}

{% step %}

#### **Send from your external wallet**

{% endstep %}

{% step %}

#### **Wait for confirmation**

{% endstep %}
{% endstepper %}

{% hint style="danger" %}
**Send on the correct network.** Each deposit address is specific to a coin and its network. For example, your USDC deposit address shown as "on Solana" only accepts USDC sent over the Solana network. Sending the wrong coin or using the wrong network may result in permanent loss of funds. Always double-check before sending.
{% endhint %}


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