How do I deposit digital assets like Bitcoin into my account?

Step 1

Select "DEPOSIT" from your account homepage

Log in to your account, and click on the green "DEPOSIT" button. 

A window will pop up, asking you to select an account. Click on the drop down and select the account you would like to make the deposit to. 

Step 2

Select a Currency

Step 3

Choose a Token 

Click on the drop down underneath the "What Token Will You Be Depositing?" section. Scroll through the listed options and select the token you will be using.

Step 4

Enter Number of Tokens Being Deposited

Underneath the "How Much Would You Like To Deposit?" section, enter the total number of Tokens you will be depositing. For example, in the image below we are depositing 3.25 Bitcoins, so we have entered 3.25.

Step 5

Enter Cost Basis and Acquisition Date

Select the box next to "I WANT TO SPECIFY COST BASIS AND ACQUISITION DATE," and two new fields will populate.  In the "Cost Basis" section, enter the total purchase cost for all Tokens being deposited. The tokens deposited in one transaction must have been purchased at the same price on the same date. For example, I purchased 3.25 bitcoins on July 12th 2017 for $10,000 each.  Under the Cost Basis section, I will enter $32,500.

If you are trying to deposit multiple Tokens that were purchased for different amounts or on different dates, you will need to deposit the in separate transactions.

Next, under the "Acquisition Date" section, enter the date that you purchased the token(s) being deposited. If you are depositing multiple Tokens in a transaction, they must have been purchased on the same date. If you are depositing Tokens purchased on different dates, you will need to deposit them in separate transactions.

For example, the 3.25 tokens we are depositing were all purchased on July 12th, 2017. We are able to deposit all 3.25 coins in this transaction, and we will list the Acquisition Date as 7/12/2017.

Once you have completed all fields, click the "Submit" button.

Step 6

Deposit Tokens Using the Wallet Address

After submitting your deposit request, you will be provided with a wallet address. When depositing Tokens, the wallet address is similar to the mailing address when you mail a check. 

When you withdraw your Tokens from your personal wallet, you will be asked for a "withdrawal address." Enter the Wallet Address provided by Prime Trust for this specific deposit along with the amount you would like to send, and submit the withdrawal request. In most cases, your wallet will require confirmation through email or through 2 Factor Authentication (Depending on which you have set up). Once you have confirmed your wallet request, the funds should be available in your Prime Trust account within 15-20 minutes.