How to deposit to ArrayFi for first-mover advantage and dozen of juicy bennies

Array
5 min readJun 30, 2023

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Bennies: A Guide to Depositing USDT into ArrayFi

At ArrayFi, our mission is to create a safe and thriving ecosystem in the volatile and fast-paced world of cryptocurrencies. Since our establishment in 2019, our dedicated team has been tirelessly working to build a fully closed and decentralized platform that provides stability against market fluctuations and offers financial growth opportunities.

To fully benefit from the ArrayFi platform, it is crucial that you understand how to deposit your funds. In this guide, we will walk you through the process step by step.

Why deposit USDT to ArrayFi

Joining ArrayFi and depositing your funds at this early stage may be seen as a bold and courageous decision. However, it also comes with significant advantages and exciting benefits that you can enjoy from day one:

  1. ArrayFi Dapp and Staking Feature: By staking your ARA tokens with ArrayFi, you not only earn an impressive staking interest rate of 36% APR but also gain access to minting USDR, our super stablecoin. This allows you to spend within our immersive ecosystem. It’s like receiving upfront rent for your house — a cool way to maximize your returns.
  2. Cutting-Edge Stablecoin Technology: With USDR in your arsenal, you benefit from our advanced stablecoin technology, which integrates AI and bonding curve contracts. This ensures stability and guards against de-pegging. You have the flexibility to be proactive during favorable market conditions or rely on USDR as a safe haven asset during challenging times. It’s a win-win situation.
  3. Exposure to ArrayFi Ecosystem: By depositing USDT, you gain access to various investment opportunities within the ArrayFi ecosystem, including Swap, Convert, Voting Games, and our Liza Mall e-commerce platform. As our ecosystem continues to expand, you will reap even more benefits.

While we currently only support USDT deposits, we plan to add support for other types of funds in the future. Stay tuned for updates through our social channels. Make sure to follow us on social media to stay informed about the latest developments.

How to deposit USDT from CEX exchanges to ArrayFi

If you’re looking to deposit USDT to the ArrayFi platform, you’ll need to acquire USDT from a CEX (Centralized Exchange) first. Here’s a step-by-step guide on how to do it:

Step 1: Create a CEX account to acquire USDT

We recommend choosing reputable CEXs like Binance or OKX, which have high trading volumes and a solid reputation. You can refer to the following tutorials for detailed instructions on creating an account with each exchange:

How to register an account on OKX

How to Register on Binance Website

Once you have created an account, you can proceed with any necessary verification processes, such as KYC (Know Your Customer), if required. If you already have an account with one of these exchanges, you can skip this step.

Step 2: Acquire a USDT deposit address on the ArrayFi platform

After logging into the ArrayFi platform at https://www.arraydapp.com/#/login/signIn, hover over your username in the top navigation bar to trigger the drop-down menu. From there, select the “Deposit” tab.

Step 3: Transfer USDT from the CEX exchange to the provided deposit address

On the Deposit page, copy your USDT-BSC address or scan the address using your CEX exchange’s mobile app. Currently, we support USDT deposits through the BSC network. Double-check that you have entered the correct address and network.

Step 4: Allow sufficient time for the transaction to be confirmed on the blockchain

Please note that it may take approximately 5 minutes for your transaction to be confirmed on the blockchain. Be patient and allow the necessary time for the process to complete.

Checking Your USDT Balance on ArrayFi

To check your USDT balance after depositing, log in to your ArrayFi account if you haven’t already done so. Once again, hover over your username in the top navigation bar and select “My Assets” from the drop-down menu.

In the “My Assets” page, you can view your ARA, USDR, and USDT balances. You can also set up a Fund Password for future transaction verification. The balance index should reflect the amount of USDT you have deposited.

Conclusion

Depositing USDT to the ArrayFi platform presents an array of advantages, including attractive staking rewards, AI-powered stability, and access to a thriving investment ecosystem. We encourage you to leverage these benefits and take full advantage of the opportunities that ArrayFi offers. Should you require further assistance or have any questions, our support team is readily available to help. Embark on your journey with ArrayFi today and unlock the potential of your USDT holdings.

Disclaimer: This guide provides general information and should not be considered financial advice. Always conduct thorough research and consult with a professional before making any investment decisions.

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Array

Array is an omni-chain protocol for application-oriented decentralized asset management.