1. What is a FIO Address?
FIO Addresses are the universal identifier to the FIO Protocol - a usability standard being built by the Foundation for Inter-wallet Operability and supported by 25+ blockchain wallets, exchanges, and crypto payment processors.
FIO Protocol (FIO) is a decentralized blockchain protocol that aims to allow easier and more convenient digital asset payment.
FIO Addresses are human-readable wallet identifier (such as alice@bitmaxfio or john@edge) which eliminates the need to see, or even know of, blockchain public addresses.
2. How Does FIO Address Work?
1) Create Your FIO address
Steps:
- Visit [Homepage] - [My Asset] - [Deposit]
- Select any asset and click on [Create] under [FIO Address].
- Enter a unique username to create your FIO address on AscendEX.
- If the username has already been registered, please enter a new one and try again.
2) Link Your FIO Address with Token Addresses
Steps:
- After the FIO address is created successfully, click on [Link] button to link the FIO address with your current token addresses.
- For example, check the BTC box and link it with your FIO address, then you will be able to deposit and withdraw BTC with the FIO address (like alice@bitmaxfio) going forward.
3) Deposit with FIO Address
You can deposit tokens from external wallets to AscendEX with the FIO address.
Steps:
- The wallet (non-AscendEX wallet) you want to withdraw from must support FIO address.
- You have already created a FIO address on the external wallet and completed linking.
- Copy your FIO Address and enter it in the withdrawal address field on the external wallet.
- Select token and public chain type to complete deposit.
4) Withdraw with FIO Address
Steps:
- You have already created a FIO Address on AscendEX, and have linked it to the token you want to withdraw.
- The wallet (AscendEX wallet or external wallet) you want to deposit into must support FIO address.
- Enter the FIO address for the token to proceed with withdrawal.
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