A smart contract transfer (otherwise known as a contract deposit or internal transaction) is the transfer of assets from one smart contract to another or from a smart contract to a specific address. This is in contrast to simple or vanilla deposits which are straightforward transfers from Wallet A to Wallet B.
Examples of contract deposits:
- Multi-transfer transactions - transfer of assets to multiple addresses in a single transaction (sample ETH transaction here)
- Bridge transfers - transfer of assets from one blockchain to another using a blockchain bridge (sample BSC transaction here)
- Web3 DApp transactions - a transaction made using a Decentralized Application which includes but is not limited to (DeFi platforms, NFTs, Crypto Staking, Airdrops, and Initial Coin Offerings)
These deposits by default are not typically supported by exchanges like ours. Kindly do a test transfer before sending your cryptocurrency, or contact us so we can provide further assistance and clarification on your transfer concern.