Direct deposits allow you to fund your CoinZoom account directly from a paycheck or tax refund. Give your CoinZoom account information to your employer to with an amount or percentage to deposit in your CoinZoom account each pay period. 


Direct deposits are similar to ACH transfers, but once the initial setup has taken place (normally a few days), there is no withdrawal hold period and there are no fees. See this article comparing different deposit methods


Direct deposit is currently available for US customers. The first direct deposit requires your account to be funded, which you can do in any amount. 


Follow these steps to create a form to give to your employer that will begin direct deposits: 

  1. Choose Direct Deposit from the Deposit Methods screen.
  2. Enter the amount or percentage you want deposited with each paycheck.
  3. Electronically sign the form.
  4. Send the form to your employer. 

Note: This process only creates a form for you to give to your employer to set up the direct deposit, it does not actually initiate the direct deposit.