Deposit on Solana

Solana is a high-throughput network with slots of about 0.4 seconds and fees that are a fraction of a cent. Deposits are usually credited in well under a minute.

Assets you can deposit

At launch Fundly accepts SOL and the SPL tokens USDT, USDC and EURC. Other SPL tokens sent to your address are not credited.

How to deposit

1. Sign in to the Fundly web app at app.fundly.xyz and choose Deposit.
2. Choose Solana as the chain and pick the asset.
3. Copy your address or scan the QR code. Solana addresses are base58 strings of 32 to 44 characters.
4. In your wallet or exchange, choose the Solana network. Exchanges may label it "SOL" or "Solana (SPL)".
5. Paste the address, enter the amount and send.
6. Wait for the transaction to reach finalized commitment, about 32 slots. This normally takes seconds.

Confirmations and timing

Fundly waits for finalized commitment rather than the earlier "confirmed" level, so a credited deposit cannot be rolled back.

Fees

Solana transaction fees are tiny, normally well under a cent, paid in SOL by the sender. On Solana, tokens live in associated token accounts. Creating one costs a small rent-exempt deposit, about 0.002 SOL. Fundly covers this on our side, so you do not need to think about it. Fundly's deposit fee at launch depends on your plan: Free 1% (minimum 1 EUR), Plus 0.5%, Premium 0%. The rate and fee are shown before you confirm.

Common mistakes

• Sending a token to a token account instead of the wallet address. Most wallets handle this for you if you paste the wallet address.
• Adding a memo. Fundly does not need one. A memo does not break the deposit, but it is not required.
• Sending a token that is not on the list. Wrapped or bridged versions of USDT and USDC from other chains are different tokens.
• Sending less than the 10 EUR minimum, which is not credited automatically.

Related

• How deposits work
• Deposit troubleshooting
• Fee schedule