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How do I deposit and withdraw via my Fireblocks Vault on prime brokerage?
How do I deposit and withdraw via my Fireblocks Vault on prime brokerage?
Updated over a year ago

You now have the option to use Bequant's Fireblocks based custody for your prime brokerage (PB) account. The custody should be available in the Transfer, Deposit, Withdraw and Accounts section of the PB customer portal.

Before you transfer funds to your Fireblocks Vault please bear in mind:

  • Before the funds can be withdrawn from Fireblocks vault account, all addresses should be whitelisted. The whitelisting process is similar to that of Bequant Global Vault.

  • On Fireblocks, transaction fees (gas fees) are always charged in the token’s network native asset. To transfer or withdraw a token from the vault, there should be a sufficient amount of the network base currency to cover the gas fees.

    • For example: to withdraw ERC20 USDC token, there should be a sufficient ETH amount in the vault to pay the gas; to withdraw TRC20 USDT , a sufficient amount of TRX should be available in the vault.

    • Please note that for your first time withdrawal of ERC20 tokens, Bequant will deposit a small amount of ETH to your account manually to cover the gas fee, so your withdrawals can be processed. This first fee would then be charged from you at the end of the month. Please note that during this time, for a very small amount of time, your first transfer may be marked as Failed by the platform, but will automatically change to In Progress and Completed soon after.

  • No automatic conversion between blockchains is supported by Fireblocks. For example: if you deposit USDT ERC20 tokens, you will only have USDT ERC20 tokens to withdraw. You will NOT be able to withdraw same amount in TRC20 tokens.

    • For that reason, USDT balances are shown in Customer Portal as separate tokens: USDT_OMNI (Omni protocol), USDT_ERC20 (Ethereum) and USDT_TRC20 (Tron).

  • Fireblocks does not support Fiat coins. If you want to deposit and withdraw Fiat, you will need to user a Bequant Global Vault account.

  • Due to the technical integration, every Fireblocks withdrawal will take 2 blockchain transactions to complete. Therefore please allow for the extra blockchain transaction in terms of timing, and the extra gas fee.

The below are the current tokens and the corresponding native tokens that Bequant Fireblocks Vault supports:

Currency in
Customer Portal

Native asset

1INCH

ETH

AAVE

ETH

ADA

ADA

ALGO

ALGO

AMB

ETH

ANT

ETH

APE

ETH

ATOM

BNB_BSC

AVAX

AVAX

AXS

ETH

BAL

ETH

BAT

ETH

BCH

BCH

BCPT

ETH

BLZ

ETH

BNT

ETH

BRD

ETH

BSV

BSV

BTC

BTC

BUSD

ETH

CAKE

BNB_BSC

CDT

ETH

CEL

ETH

CHR

ETH

CHZ

ETH

CND

ETH

COMP

ETH

CRO

ETH

CRV

ETH

CVC

ETH

DAI

ETH

DASH

DASH

DATA

ETH

DENT

ETH

DNT

ETH

DOGE

DOGE

DOT

DOT

ELF

ETH

ENJ

ETH

EOS

EOS

EPS

BNB_BSC

ERD

ETH

ETC

ETC

ETH

ETH

EURS

ETH

EVX

ETH

FET

ETH

FTM

ETH

FTT

ETH

GLM

ETH

GNO

ETH

GNT

ETH

GRT

ETH

GUSD

ETH

HBAR

HBAR

HT

ETH

HUSD

ETH

INJ

ETH

IOST

ETH

KEY

ETH

KNC

ETH

LEND

ETH

LEO

ETH

LINK

ETH

LOOM

ETH

LRC

ETH

LTC

LTC

LUNA

LUNA

MANA

ETH

MATIC

ETH

MCO

ETH

MITH

ETH

MKR

ETH

MTL

ETH

NEAR

NEAR

NEXO

ETH

NMR

ETH

OM

ETH

OMG

ETH

PAX

ETH

PAY

ETH

PERP

ETH

POLS

ETH

POLY

ETH

POND

ETH

POWR

ETH

PPT

ETH

PROS

ETH

QNT

ETH

RCN

ETH

REN

ETH

REP

ETH

RLC

ETH

RSR

ETH

RUNE

ETH

SALT

ETH

SAND

ETH

SHIB

ETH

SKL

ETH

SNC

ETH

SNT

ETH

SNX

ETH

SOL

SOL

SOLVE

ETH

SRN

ETH

STORJ

ETH

SUSHI

ETH

TRX

TRX

TUSD

ETH

UNI

ETH

USDC

ETH

USDT_ERC20

ETH

USDT_OMNI

BTC

USDT_TRC20

TRX

VIB

ETH

WAVES

ETH

WBTC

ETH

WINGS

ETH

WTC

ETH

XDC

XDC

XEC

XEC

XEM

XEM

XLM

XLM

XRP

XRP

XTZ

XTZ

YFI

ETH

YGG

ETH

ZEC

ZEC

ZRX

ETH

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