# How to deposit with bitFlyer By [BTC](https://paragraph.com/@btc-63) ยท 2022-08-24 --- 1. bitFlyer is a privately owned company based in Tokyo, Japan, and was founded in 2014. It operates one of the largest cryptocurrency exchanges with 2.5 million users and has developed other crypto-related technologies. (1) Register for bitflyer Fill in your email and password on the registration screen and send the verification code. Open your email and copy the verification code and fill it back in. Once registration is complete the website will ask to continue filling in your personal details. In the pop-up window, check all four boxes. After that, switch to the transaction page, click on the text below and continue to fill in the information. On the profile page, you will need to fill in the following information: name, country, address, and note that the address should be exactly the same as the address on the document you submitted. Do not fill in your address, otherwise you will not be able to pass. The next step is to upload a picture of your ID: after that, you will be able to register your bank card number. In addition, you can set up dual security authentication in the website settings, which requires you to set up confirmation for login, transactions and other operations. You can set it up so that each time you log in, a verification code is sent to your mobile phone for added security. The four digit code below is not too simple, just set 1234. (2) bitflyer deposit Click on the left hand side - Other - Account Funding Click on Get an Ethereum address to get an ethereum address and use it to deposit funds. 2. The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum_0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum_3,452.55USDT)\*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". [https://accounts.binance.com/en/register?ref=Q022W7SC](https://accounts.binance.com/en/register?ref=Q022W7SC) ![](https://storage.googleapis.com/papyrus_images/667e39208611aea7d2fd22c499d4eddc6a5929ef0df3fc18a5386a953e7d8286.png) (2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. [https://www.ouyi.business/join/BTC1ETH](https://www.ouyi.business/join/BTC1ETH) Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. [https://ftx.com/referrals#a=121031692](https://ftx.com/referrals#a=121031692) 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community. --- *Originally published on [BTC](https://paragraph.com/@btc-63/how-to-deposit-with-bitflyer)*