Deposit from Avalanche to Peanut
Send USDC or USDT on Avalanche. Free deposits, confirmed in under 5 minutes.
How to Deposit from Avalanche to Peanut
Avalanche (C-Chain) is a supported network for depositing into your Peanut account. Send USDC or USDT on Avalanche and your balance will be available in under 5 minutes. No fees from Peanut, no KYC required for deposits, and no minimum amount.
Once your deposit lands, your balance is held in digital dollars. From there you can pay at over a million merchants in Argentina via Mercado Pago QR, send Pix in Brazil, transfer money to anyone, or withdraw to any bank account in 40+ countries.
Before You Start
Info
Make sure you have the following before initiating an Avalanche deposit:
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A Peanut account. No identity verification required for deposits. You can deposit immediately after creating your account.
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USDC or USDT on the Avalanche C-Chain. These must be on Avalanche, not Ethereum mainnet or another chain.
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A wallet or exchange that supports Avalanche withdrawals. Many major exchanges (Binance, Coinbase, Kraken) support Avalanche C-Chain withdrawals.
Step-by-Step: Deposit from Avalanche
- 1
Open the Peanut app
Tap "Deposit" from your home screen to reach the deposit options.
- 2
Select Avalanche
Choose Avalanche as the network. The app displays your EVM deposit address (0x format) — this is the same address used across Avalanche, Arbitrum, Base, Polygon, and Ethereum.
- 3
Choose your stablecoin
Select USDC or USDT. Both are accepted on Avalanche.
- 4
Copy the deposit address
Copy the deposit address exactly as shown. This is your personal reusable address.
- 5
Send from your wallet or exchange
Open your wallet or exchange, select "Avalanche" or "AVAX C-Chain" as the network, paste the Peanut deposit address, enter the amount, and confirm the transaction.
- 6
Wait for confirmation
Your balance updates automatically once the transaction confirms on-chain — typically under 5 minutes.
Confirmation Times
Avalanche deposits are fast:
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Typical confirmation: 1-5 minutes. Avalanche achieves sub-second finality on the C-Chain. Most deposits appear in your Peanut balance within a few minutes.
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Available 24/7/365. No business day restrictions. Deposits arrive any time of day, on weekends and holidays.
If your deposit does not appear within a few minutes, check the transaction on Snowtrace or the Avalanche Explorer. If confirmed on-chain but not in Peanut, contact support with the transaction hash.
Fees
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Peanut deposit fee: free. No fees from Peanut. Gas fees on the Peanut side are covered by Peanut.
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Sender-side gas fee. You pay the Avalanche C-Chain gas fee when sending — typically under $0.05 per transaction. Gas is paid in AVAX.
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Exchange withdrawal fee (if applicable). Exchanges may charge their own withdrawal fee for Avalanche. This varies by exchange and is typically moderate.
For a complete fee overview, visit the pricing page.
Supported Stablecoins on Avalanche
| Token | What happens on deposit |
|---|---|
| USDC | Credited at best available market rate (approximately 1:1) |
| USDT | Auto-converted to USDC at market rate, no fee |
Both are ERC-20 compatible tokens on the Avalanche C-Chain. Only send tokens on the Avalanche C-Chain — not Ethereum mainnet or another network.
Peanut does not accept AVAX, wrapped BTC, or any other tokens on Avalanche. Unsupported tokens sent to the deposit address will not be credited and may not be recoverable.
