MUFEX
English
English
  • What is MUFEX?
    • 📖Overview
    • 🏦MUFEX's Decentralized and Trustless Approach
    • 📈MUFEX Perpetual Trading System
    • 💎MUFEX Liquidity Pool
    • 🗺️Roadmap
  • Start Using MUFEX
    • 👩‍🚀Onboarding
    • 💵Depositing
      • Deposit FAQ
        • What should I do if the deposited currency has not been received?
        • How to solve recharge error?
        • Funds Recovery Guide
    • 📈Trading
      • 💹Open/Close Positions
      • 💲Trading Fees
      • 🖥️Market , Limit & Conditional Order
      • 🛰️Take Profit & Stop Loss
      • 🏝️Isolated Margin/ Cross Margin
      • 📏Trading Rules
        • Risk Limit
        • Risk limit Parameters
        • Index Price
        • Mark Price
        • Liquidation Process
        • Margin Mechanism
        • Funding Fee
        • Insurance Fund
        • Auto-Deleveraging (ADL)
      • 📑Contract Specs
    • 💎Earn
    • 🏧Withdrawal
      • Withdrawal FAQs
        • Why Hasn't My Withdrawal Been Credited?
    • 💲Fee Rates
  • Technical Solution
    • 🏗️Technology Architecture
    • 🏦ZK-Rollup Asset Proof Design
    • 🛥️Dunkirk Asset Recovery
  • What makes MUFEX secure?
    • 📑MUFEX Security White Paper
      • Security Team and Its Functions
      • Client Security
      • Endpoint Security
      • Network Security
      • Server Security
      • Application Security
      • Smart Contract Security
      • Data Security
      • Physical Infrastructure Security
    • 📔Smart Contracts
    • 🔍Audit
    • 🐞Bug Bounty
  • Testnet
    • 🧑‍🍳Testnet Walkthrough
      • 1️⃣Get started with MUFEX
      • 2️⃣Get Test Tokens
      • 3️⃣Account & Assets
      • 4️⃣Depositing & Withdrawing
      • 5️⃣Trading
      • 6️⃣Earn via MLP
      • 7️⃣Feedback
      • 8️⃣Common Questions
  • Support
    • 🔔MUFEX Announcement
      • Notice on Upgrade and Adjustment of the Affiliate System
      • MUFEX Upcoming Delisting of Trading Pairs Reminder
      • MUFEX Notice: Delisting of Certain Trading Pairs
      • MUFEX Coin Pair Adjustment Notice
      • MUFEX is Upgrading MLP and Copy Trading Features
      • MUFEX to Discontinue MLP and Copy Trading Services
      • MUFEX Announcement: Notice on Delisting COMPUSDT and GMTUSDT Contracts
      • MUFEX Announcement: System Upgrade and Trading Suspension Notice Postponement
      • System Upgrade and Trading Suspension Notice
      • MUFEX Cryptocurrency Exchange Service Area Statement:
      • Adjusting Parameters for Certain Contract Trading Pairs (2024/2/7)
    • ❓FAQ
      • How to Delete My MUFEX Account?
      • Why is my IP banned from service
      • Can I use MUFEX service if I don't have an web3 wallet
      • Why do I need to deposit first?
      • Why didn't I see the asset balance change after I deposit?
      • Why did I receive an email from Unipass?
      • What is Effective Leverage?
    • 👩‍🔬Help Center
    • 📝Release Log
    • 👨‍🏫MUFEX Affiliate Program
    • 💻Social Media & Communities
    • 💼Business Cooperation
    • 📱Install MUFEX through the App Store
      • How to get an Apple ID in the US
      • How to use Taobao Purchase a non-mainland Apple ID
      • How to install MUFEX iOS TestFlight
    • 🙋‍♂️Early Ambassador Program
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  2. FAQ

Why do I need to deposit first?

To ensure users enjoy a lightning-fast trading experience and capture the ever-changing market opportunities, MUFEX requires users to deposit USDT into its MainTreasury smart contract.

The funds held in the MainTreasury smart contract are secured by on-chain asset zero-knowledge proofs, ensuring the ownership and control rights of the users.

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Last updated 1 year ago

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