Funding your nsave account with stablecoin is a simple process when you follow these steps. This guide will walk you through creating your wallet, selecting the correct stablecoin and chain, and receiving your funds.
While nsave offers multiple methods to fund your account including credit card top-ups and bank transfers for USD and GBP accounts, this guide focuses specifically on using stablecoins as a funding method.
Step 1: Create Your Wallet
Before you can receive stablecoin, you'll need to set up your nsave wallet:
Log in to your nsave account
Click on "Create Wallet" and follow the on-screen instructions
Once created, your wallet will be ready to receive stablecoin via its address
Step 2: Select the Correct Cryptocurrency and Chain
⚠️ IMPORTANT: Selecting the correct stablecoin and blockchain network is critical.
When receiving stablecoin, you must ensure you're using the supported stablecoin and blockchain network (chain). nsave supports specific stablecoins on designated chains.
If you send funds to your wallet address using an incorrect or unsupported blockchain network, the funds will NOT be credited to your account and CANNOT be recovered. This limitation is inherent to blockchain technology and is completely outside of nsave's control.
Step 3: Receive Stable Coin
Once your wallet is properly set up:
In your nsave wallet dashboard, locate and copy your unique wallet address
Share this address with the sender who will be transferring the stablecoin to you or use it on your cryptocurrency platform.
Confirm with the sender that they are using the correct stablecoin and blockchain network
Wait for the transaction to be confirmed on the blockchain (this may take several minutes depending on network conditions)
Step 4: Automatic Conversion to USD
Once the stablecoin funds are received in your wallet:
The stablecoin will be converted to USD
The USD amount will be credited to your nsave account balance
You'll receive a notification confirming the successful deposit
Common Questions
How long does it take for funds to appear in my nsave account?
After the blockchain transaction is confirmed, funds are typically credited to your account within minutes. During periods of high network congestion, this process may take longer.
Which stablecoins and chains does nsave support?
nsave currently supports USDC, USDT, DAI, USDP, PYUSD on chains such as Ethereum, Polygon, Base, Arbitrum, Avalanche, Optmism, Solana & Stellar
Need assistance? If you have any questions or need help with receiving stablecoin in your nsave account, please:
Verify your recipient account details
Review transaction status in your nsave app dashboard
Contact our support team via [support contact method] for unresolved issues Other funding methods Stablecoin is just one way to fund your nsave account. For information about other methods such as credit card top-ups, SWIFT transfers, and FPS transfers (for GBP accounts), please refer to our comprehensive guide on adding, transferring, and spending money with nsave accounts.