[Transfer] Why do I need to move between spot and futures wallets? Follow
Spot wallets and futures wallets are used in the following cases. To use each function, you need to move the coins to the corresponding wallet.
Spot wallet: When making withdrawals or trading in spot markets. Futures wallet: When trading futures.
COINRF currently provides a trading tool service that allows you to easily and comfortably trade futures by linking API services with Binance and Bybit exchanges.
Therefore, within the COINRF, there are Binance's spot wallets and future wallets, Bybit's spot wallets and future wallets.
Spot wallet : It is used for coin deposit and withdrawal between exchanges and spot transactions, and COINRF's fee compensation is also made in spot wallet.
Future wallet : Futures transactions are possible only when assets deposited into existing wallets are converted and moved to future wallets for futures transactions.
Caution
- Sending from Binance's spot wallet to Bybit's futures wallet is not supported.
- Sending from Binance's futures wallet to Bybit's spot wallet is not supported.
- The reverse is also true.
ㅡ> When sending money to a wallet on another exchange, use the quick withdrawal function.