This article explains the different types of wallets available on bitcastle.
Currently, bitcastle provides the following six types of wallets:
In addition, bitcastle also provides FX wallets, which are managed separately from the wallets listed above.
1. Spot Wallet
・Used for trading and trading fees (if the balance in the Reward Wallet is insufficient).
・Includes withdrawable balances.
2. Reward Wallet
・The balance in the Reward Wallet can be used for withdrawal fees, trading fees, and fees for converting small balances into CASTLE.
・The balance in the Reward Wallet cannot be converted into USDT.
・USDT held in the Reward Wallet can be used to play HIGH&LOW.
・The balance in the Reward Wallet cannot be withdrawn directly.
💡Notes:
・When using USDT for HIGH&LOW, USDT from the Reward Wallet will be used first.
・Profits earned from HIGH&LOW trades are added to the HIGH&LOW Wallet.
By transferring profits from the HIGH&LOW Wallet to the Trade Wallet, the profits can then be withdrawn.
3. HIGH&LOW Wallet
・Dedicated exclusively to HIGH&LOW trading.
・Balances can be transferred between the Trade Wallet and the HIGH&LOW Wallet.
・Balances in the HIGH&LOW Wallet cannot be withdrawn directly.
To withdraw funds, please transfer the balance from the HIGH&LOW Wallet to the Trade Wallet first.
4. Future Wallet
・Used exclusively for futures trading.
・Balances can be transferred between the Trade Wallet and the Futures Wallet.
5. Earn Wallet
・bitcastle Staking is a financial product that allows users to store cryptocurrency and earn annual interest.
・Currently, bitcastle Staking only offers fixed-term staking products, where users deposit assets for a fixed period with a predetermined interest rate and redemption date.
・Users may redeem the full amount at any time before the redemption date; however, any interest earned up to that point will be forfeited.
・Subscriptions and redemptions for bitcastle Staking are processed daily from UTC 00:00.
Subscriptions are processed immediately, and assets are transferred from the Trade Wallet to the Staking Wallet.
・Each fixed-term product has its own specifications and subscription limits. Once the limit is reached, new subscriptions will no longer be accepted. These limits may change without prior notice.
・Assets in fixed-term products are automatically redeemed in full on the redemption date.
The Funding Wallet is used to store funds transferred from other wallets or funds that will be transferred to other wallets.
This wallet serves as a platform for securely and efficiently managing deposits and withdrawals in JPY.
Users can use JPY held in this wallet to trade HIGH&LOW.
This wallet may be further improved in the future depending on system updates and market conditions.
⚠️ Currently, deposits of Japanese Yen (JPY) into the Funding Wallet are temporarily suspended.
Please wait for further updates regarding the resumption of this service.
All of these wallets can be viewed by clicking or tapping the wallet icon on the bitcastle website (PC web, mobile web) or in the bitcastle app.
If you have further inquiries, please don't hesitate to contact our Support Team via "Contact Us" function.