Deposit from Arbitrum to Peanut

Send USDC or USDT on Arbitrum. Free deposits, confirmed in under 5 minutes.

How to Deposit from Arbitrum to Peanut

Arbitrum is one of the best networks for depositing into your Peanut account — low sender-side fees, fast confirmations, and wide exchange support. Send USDC or USDT on Arbitrum 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

Arbitrum shares the same 0x address format as Ethereum, Base, Polygon, and Avalanche. You must select "Arbitrum" or "Arbitrum One" as the network when sending — not "Ethereum" or another chain. The address looks the same, but the network selection matters. Wrong network means lost funds.

Make sure you have the following before initiating an Arbitrum deposit:

  • A Peanut account. No identity verification required for deposits. You can deposit immediately after creating your account.

  • USDC or USDT on the Arbitrum network. These must be on Arbitrum, not Ethereum mainnet or another chain.

  • A wallet or exchange that supports Arbitrum withdrawals. Most major exchanges (Coinbase, Binance, Kraken, OKX) support Arbitrum.

Step-by-Step: Deposit from Arbitrum

  1. 1

    Open the Peanut app

    Tap "Deposit" from your home screen to reach the deposit options.

  2. 2

    Select Arbitrum

    Choose Arbitrum as the network. The app displays your EVM deposit address (0x format) — this is the same address used across Arbitrum, Base, Polygon, Ethereum, and Avalanche.

  3. 3

    Choose your stablecoin

    Select USDC or USDT. Both are accepted on Arbitrum.

  4. 4

    Copy the deposit address

    Copy the deposit address exactly as shown. This is your personal reusable address.

  5. 5

    Send from your wallet or exchange

    Open your wallet or exchange, select "Arbitrum" or "Arbitrum One" as the network, paste the Peanut deposit address, enter the amount, and confirm the transaction.

  6. 6

    Wait for confirmation

    Your balance updates automatically once the transaction confirms on-chain — typically under 5 minutes.

Confirmation Times

Arbitrum deposits are fast and reliable:

  • Typical confirmation: 1-5 minutes. Arbitrum produces blocks rapidly and achieves quick finality. Most deposits appear in your Peanut balance within a few minutes.

  • 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 Arbiscan. If confirmed on-chain but not in Peanut, contact support with the transaction hash.

Fees

  • Peanut deposit fee: free. No fees from Peanut. Gas fees on the Peanut side are covered by Peanut.

  • Sender-side gas fee. You pay the Arbitrum network gas fee when sending — typically under $0.01 per transaction. Gas is paid in ETH on Arbitrum.

  • Exchange withdrawal fee (if applicable). Exchanges may charge their own withdrawal fee. Arbitrum withdrawals are typically cheaper than Ethereum mainnet.

For a complete fee overview, visit the pricing page.

Supported Stablecoins on Arbitrum

TokenWhat happens on depositNote
USDCCredited at 1:1 rate (guaranteed on Arbitrum)Recommended stablecoin
USDTAuto-converted to USDC at market rate, no fee

USDC on Arbitrum is the only deposit path with a guaranteed 1:1 credit — no market rate variance. If you have a choice, USDC on Arbitrum is the recommended deposit method.

Peanut does not accept ETH, wrapped BTC, or any other tokens on Arbitrum. Unsupported tokens sent to the deposit address will not be credited and may not be recoverable.

FAQ

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Deposit from Arbitrum in minutes. Free, fast, and guaranteed 1:1 for USDC.