Exchange codes
Exchange codes are designed for quick transfer of crypto between different Cryptorg accounts, bypassing the blockchain. No fee is charged for the transfer. Creating an exchange code is only available for the USDT token.
Exchange codes also let you move funds between your own accounts without traditional deposit/withdrawal operations through the blockchain. The section has both an activation history and a creation history of exchange codes.
Extra protection
Section titled “Extra protection”When creating a code, you can additionally protect it with a protection code, and you can specify a particular recipient for the exchange code.
The For user (ID) field is optional. It lets you specify a particular recipient. The user’s ID can be found on the main page of the exchange codes section.
The Protection code is an optional field. It adds an extra layer to prevent accidental activation. To redeem the code you’ll need to pass the protection code to the recipient.
Where to use
Section titled “Where to use”- Move funds between two of your own Cryptorg accounts with no blockchain fees.
- Cashless payments between platform users.
- Hand over funds to another trader inside Cryptorg.
Binance specifics
Section titled “Binance specifics”Exchange codes on Binance liquidity are created and activated from the Spot wallet — the futures wallet doesn’t use USDT for code generation. If USDT sits on the futures wallet, transfer it to Spot first via the «Transfer» button.
Direct exchange of codes between Bybit and Binance liquidities is not supported: a code created on Bybit can only be activated on a Bybit account, and vice versa. To move funds between liquidities — use Cryptorg’s internal transfer.