Add Money/Exchange

Using Centi and exchange options and procedures

Centi Exchange is a feature within the Centi Wallet that allows users to exchange between fiat and digital currencies. The available options for exchanging funds include:

  • Cash: Add to your wallet using cash.
  • Credit Card: Add to your wallet using your credit card.
  • IBAN Transfer: Add to your wallet using your bank’s IBAN system.
  • Blockchain (BSV): Exchange via the Bitcoin SV blockchain
  • Blockchain (Ethere um): Exchange via the Ethereum blockchain.

Centi currently provides exchange services for CHF, EUR, USD, BSV, ETH, USDC, and USDT.

To add digital assets to your Centi wallet using cash, follow these steps:

  1. Visit a Swiss Post Office: Go to any Swiss Post Office location in Switzerland.
  2. Provide Centi Account Details: Inform the clerk of your intention to top up your Centi account and provide your account details.
  3. Hand Over the Cash: Give the cash amount you wish to add to your Centi wallet.
  4. Credit to Your Account: The funds will be credited to your Centi account, and you can verify the balance through your Centi app.

If you opt out to pay via Credit Card, follow this step-by-step guide to add funds to your Centi wallet:

  1. Open the Centi App: Launch the app on your device.
  2. Navigate to the Exchange Section: Go to ‘Exchange,’ which will direct you to the “Centi Exchange” screen.
  3. Enter Details in the “You Give Us” Section:
    • Amount: Enter the amount you wish to add to your wallet.
    • Currency: Choose the currency you give us (e.g., EUR).
    • Payment Method: When opting out to pay via credit card, select ‘Credit Card.’
  4. Enter Details in the “You Receive” Section:
    • Currency: Choose the currency you want to receive (e.g., BSV).
    • Receiving Method: Select ‘Blockchain (BSV).’
  5. Enter Details in the “You Receive” Section:
  6. Initiate the Exchange: Click on the “Exchange” button to start the transaction.
  7. Complete Verification (one time): When paying with a credit card for the first time, you will be prompted to complete necessary verification steps. Follow the on-screen instructions to provide the required information for verification.

If you opt out to pay via IBAN, follow this step-by-step guide to add funds to your Centi wallet:\

1. Open the Centi Wallet Application: Launch the app on your device.

2. Navigate to the Exchange Section: Go to ‘Exchange,’ which will direct you to the “Centi Exchange” screen.

3. Enter Details in the “You Give Us” Section:

  • Amount: Enter the amount you wish to add to your wallet.
  • Currency: Choose the currency you give us (e.g., EUR).
  • Payment Method: When opting out to pay via IBAN, select ‘IBAN.’

4. Enter Details in the “You Receive” Section:

  • Currency: Choose the currency you want to receive (e.g., BSV).
  • Receiving Method: Select ‘Blockchain (BSV).’

5. Review and Accept Terms: Read and accept the terms of service and risk agreement.

6. Initiate the Exchange: Click on the “Exchange” button to start the transaction.

7. Receive IBAN Exchange Request Email:

  • You will receive an email with your Centi IBAN exchange request details.
  • The email will include banking details, the recipient information, and a reference/message code you must include in your bank transaction.

8. Transfer Funds: Use the provided details to transfer the funds from your bank account to Centi.

9. Wait for Processing: It may take up to 3 working days for the payment to be received.

10. Receive Digital Cash: Once the payment is received, the digital cash will be delivered to your Centi wallet and you will receive a receipt in your email.

If you opt out to pay via Blockchain (BSV), follow this step-by-step guide to add digital cash to your Centi wallet:

1. Open the Centi Wallet Application: Launch the app on your device.

2. Navigate to the Exchange Section: Go to ‘Exchange,’ which will direct you to the “Centi Exchange” screen.

3. Enter Details in the “You Give Us” Section:

    1. Amount: Enter the amount you wish to add to your wallet.
    2. Currency: Choose the currency you give us (e.g., BSV).
    3. Payment Method: When opting out to pay via Blockchain (BSV), select ‘Blockchain (BSV).’

4. Enter Details in the “You Receive” Section:

    1. Currency: Choose the currency you want to receive (e.g., CHF).
    2. Receiving Method: Select ‘Blockchain (BSV).’

5. Review and Accept Terms: Read and accept the terms of service and risk agreement.

6. Initiate the Exchange: Click on the “Exchange” button to start the transaction.

7. Credit to Your Account: The funds will be credited to your Centi account, and you can verify the balance through your Centi app.

If you opt out to pay via Blockchain (Ethereum), follow this step-by-step guide to add digital cash to your Centi wallet:

1. Open the Centi Wallet Application: Launch the app on your device.
2. Navigate to the Exchange Section: Go to ‘Exchange,’ which will direct you to the “Centi Exchange” screen.
3. Enter Details in the “You Give Us” Section:
    1. Amount: Enter the amount you wish to add to your wallet.
    2. Currency: Choose the currency you give us (e.g., ETH).
    3. Payment Method: When opting out to pay via Blockchain (BSV), select ‘Blockchain (Ethereum).’
4. Enter Details in the “You Receive” Section:
    1. Currency: Choose the currency you want to receive (e.g., BSV).
    2. Receiving Method: Select ‘Blockchain (BSV).’
5. Review and Accept Terms: Read and accept the terms of service and risk agreement.
6. Initiate the Exchange: Click on the “Exchange” button to start the transaction.
7. Credit to Your Account: The funds will be credited to your Centi account, and you can verify the balance through your Centi app.
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