Deposit from Buenbit to Peanut
Send USDC or USDT from Buenbit to Peanut. Use Polygon for the lowest fees. Available in Argentina and Peru.
How to Deposit from Buenbit to Peanut
Buenbit serves over 800,000 users across Latin America with a focus on making stablecoins accessible. If you hold USDC or USDT on Buenbit, you can deposit directly to Peanut. Network options are limited to Ethereum and Polygon — choose Polygon for significantly lower fees.
Once your deposit arrives, your money is held in digital dollars. You can pay at over a million merchants in Argentina via Mercado Pago QR, send Pix in Brazil, send money to anyone, or withdraw to a bank account in 40+ countries.
Before You Start
Info
Make sure you have:
-
A verified Buenbit account. Identity verification is required.
-
USDC or USDT in your Buenbit wallet. USDC is recommended for Peanut deposits. While Buenbit is known for DAI trading, USDC is the best match for Peanut.
-
A verified Peanut account. Verification takes under 2 minutes.
How to Deposit from Buenbit
- 1
Open Peanut and copy your deposit address
Tap "Deposit" in the Peanut app, select Polygon (recommended), and copy the deposit address.
- 2
Open the Buenbit app
Navigate to your crypto wallet and select USDC or USDT.
- 3
Tap Withdraw or Send
Choose to send to an external wallet address.
- 4
Paste the Peanut deposit address and select Polygon
Paste the address from Peanut. Select Polygon as the network — it must match exactly.
- 5
Enter the amount and confirm
Enter the amount, review the withdrawal fee, and confirm.
Your Peanut balance updates automatically. Polygon deposits typically arrive in about 5 minutes.
Supported Networks
| Network | USDC | USDT |
|---|---|---|
| Ethereum (ERC-20) | Yes | Yes |
| Polygon (PoS) | Yes | Yes |
Buenbit has more limited network support than larger exchanges. Polygon is the recommended choice for lower fees. If you need Arbitrum, Solana, or other networks, consider transferring to an exchange with broader support.
Fees
Buenbit charges withdrawal fees that vary by network. Fees are displayed in the app before confirming. Specific amounts are not publicly listed.
- Polygon — recommended. Typically a fraction of Ethereum costs.
- Ethereum — significantly more expensive. Only use if Polygon is unavailable.
- Peanut deposit fee: free.
For a full overview, visit the pricing page.
FAQ
How long does a deposit from Buenbit to Peanut take?+
Polygon deposits typically arrive in about 5 minutes. Ethereum deposits can take up to 10 minutes during congestion.
Should I use USDC or DAI from Buenbit?+
Use USDC. While Buenbit is known for DAI trading, your Peanut balance is denominated in digital dollars at a 1:1 rate with USDC. DAI support on some Peanut networks is limited.
Can I use networks other than Ethereum and Polygon?+
Not directly from Buenbit. If you need lower-fee networks like Arbitrum or Solana, transfer your stablecoins from Buenbit to an exchange with broader network support (such as Binance or Lemon Cash), then withdraw to Peanut from there.
What happens if I select the wrong network?+
Sending on a network that does not match your Peanut deposit address will result in permanent loss of funds. Since Buenbit only supports Ethereum and Polygon, make sure to select the one matching your Peanut deposit address.
My deposit from Buenbit has not arrived — what should I do?+
Check the transaction in the Buenbit app. If completed, find the transaction hash and verify on the block explorer. If confirmed on-chain but not in Peanut, contact support. See the deposit troubleshooting guide.
