Articles on: Getting Started

Deposit Guide

How to deposit

You need to deposit tokens to rhino before you can enjoy gas-free & private swapping, trading and investing on rhino


rhino.fi is a layer 2 self-custodial platform based on the StarkWare StarkEx Layer 2 technology. Only you control your tokens on rhino - no one else can access them.


  1. Create a rhino account


  • Create your Layer 2 account on rhino. The two signatures create your account and allow you access to the rhino API. Only you control your rhino account (no one else can access) as rhino is a self-custodial platform (DEX)



  1. Make your first deposit
  • Click the deposit button


  • You can deposit from a range of different layer 2’s (Arbitrum, Polygon, zkSync) as well as BNB Chain and Ethereum Mainnet


  • Select the token that you would like to deposit. Some tokens are only available on certain networks - for example, the AAVE token can be deposited from Ethereum. Tokens such as ETH can be deposited from many different chains


*Approve your token to deposit using your wallet (Eg metamask)- you only need to do this once per token

  • Make the deposit transaction using your wallet (Eg Metamask), You need gas tokens to deposit from your deposit network (for example you use ETH to deposit AAVE from Ethereum)
  • Wait for blockchain to confirm your deposit transaction
  • Wait a minute or two for your deposit to appear in your rhino account


You can now use the full power of rhino.fi to swap, trade and invest using your deposited tokens


Updated on: 19/06/2023

Was this article helpful?

Share your feedback

Cancel

Thank you!