Skip to main content

Asset Deposits

Definition

Asset deposits represent the act of transferring digital assets into a platform, protocol, or exchange for various purposes. This action typically grants the platform custody or control over the deposited funds, enabling participation in trading, lending, or other decentralized finance activities. Users commit their cryptocurrency holdings, often to liquidity pools or centralized accounts, to earn returns or access specific services. The process generally involves sending tokens to a designated blockchain address.