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Currently, we only support USDT (Tether) on the BSC (Binance Smart Chain) network for all transactions.

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Why Cryptocurrency?

KoalaVault uses cryptocurrency payments for:
  • ✅ Global accessibility - Works in 140+ countries
  • ✅ End-to-end transactions - Direct payment to seller, no KoalaVault intermediary

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Supported Networks and Tokens

  • Token: USDT (Tether - a stablecoin pegged to USD)
  • Network: BSC (Binance Smart Chain), BEP-20 for USDT
  • Why BSC?: Extremely low transaction fees and fast confirmation times

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How to Get a BSC Wallet Address

How to understand concepts like “Wallet Address”, “Network”, “Token”?
  • Wallet: In the most basic sense, a wallet is just an asymmetric key pair (with public key and private key). The public key (or hash of the public key) is your wallet address, and the private key is your password to the wallet.
    • You can create as many wallets as you want, since you can generate as many public key/private key pairs as you want.
    • Others can send cryptocurrency to your wallet address, and you can use the private key to sign transactions to spend the cryptocurrency.
    • So you can safely share your wallet address with others, but keep the private key private.
  • Network: Also known as “blockchain”, you can think of it as a “code repo” (while actually it’s a “transaction repo”) of all the transactions that have ever happened in this repo (think of it as commit push to the repo).
    • Each transaction is a record of a transfer of cryptocurrency from one wallet address to another. More like “I, John, tell the world, that Tom has XX additional USDT in his wallet, which he got from me”. Since only John has the private key to sign this transaction, others can verify it, but not change it.
    • There are many different networks (“transaction repos”), each with their own unique features and rules.
    • For each network (“transaction repo”), it is not controlled by a single entity, but somehow managed by the whole community of users. (The biggest difference between a real blockchain and a “repo”).
  • Token: The token is the cryptocurrency itself. Think of it as the “code” in the “transaction repo”.
    • Each network (“transaction repo”) can have multiple tokens (“code in C, C++, Python, etc.”), each with their own unique features and rules.
    • Each token (“code”) can be hosted on different networks (“transaction repos”), but the token accros different networks (“transaction repos”) cannot be transferred directly (“different context in different repos”).
1

Register a Binance Account

We recommend using Binance for beginners because:
  • Easy to buy USDT directly
  • No need to manage private keys
  • Built-in security features
  • Customer support available
Choose the appropriate platform for your region:Complete the registration process including:
  1. Email/phone verification
  2. Identity verification (KYC)
  3. Enable 2FA for security
2

Navigate to Deposit Page

Access your Binance wallet deposit page:Click on Deposit CryptoBinance Deposit PageBinance Deposit Page
3

Select USDT and BSC Network

Configure the deposit settings:
  1. In the Select Coin dropdown, choose USDT
  2. In the Select Network dropdown, choose BSC (Binance Smart Chain)
Important: Always select BSC network. Using other networks (like Ethereum or Tron) will result in lost funds.
Binance Deposit Page
4

Copy Your Wallet Address

A deposit address will be generated for you:
  • The address is 42 characters long
  • Starts with 0x
  • Example: 0x0a328fb948ea4e69df4bf008163923a720ad60f5
Copy this address - you’ll need it in the configuration of your KoalaVault acount payment settings.
Save this address somewhere safe. You can always find it again by returning to the Binance deposit page.

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Frequently Asked Questions

For Sellers: No, you’ll receive USDT from buyers directly to your wallet address.For Buyers: Yes, you need to have USDT in your Binance account to make purchases. You can:
  • Buy USDT with your credit/debit card on Binance
  • Transfer from another exchange
  • Use P2P trading on Binance
  • BSC Network Fee: ~0.10−0.10-0.50 per transaction
  • KoalaVault Platform Fee: Varies by model, set by seller
  • Binance Withdrawal Fee: Small fee when withdrawing USDT (typically ~$0.80)
Yes, when following best practices:
  • ✅ Enable 2FA on your Binance account
  • ✅ Never share your private keys
  • ✅ Always verify the wallet address before sending funds
  • ✅ Use only the BSC network as specified
  • ✅ Start with small amounts to test
Yes! Any BSC-compatible wallet works. However, we recommend Binance for beginners because:
  • Easy to buy USDT directly
  • No need to manage private keys
  • Built-in security features
  • Customer support available
  • BSC transactions: Usually 1-3 minutes for confirmation
  • Binance withdrawals: 5-30 minutes depending on security checks
  • KoalaVault verification: Automatic after blockchain confirmation

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Alternative Wallets

While we recommend Binance for beginners, you can also use:

MetaMask

Popular browser extension wallet. Configure BSC network manually.

Trust Wallet

Mobile wallet with built-in BSC support.

Binance Wallet

Binance’s official Web3 wallet with seamless integration.

SafePal

Hardware and software wallet supporting BSC.

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Need Help?

If you encounter any issues: