This guide is for users of centralised exchanges (CEX) like Coinbase or Binance who want to start using Prodigy.Fi on DeFi.
If you’re new to decentralised wallets, Privy simplifies the process by embedding a wallet you can access via an email login (eg; Gmail or Outlook), without needing to manage private keys or seed phrases.
This guide will walk you through clear, step-by-step instructions for transferring crypto assets from your CEX account to your Privy wallet on the Base network. Let’s dive in!
Prerequisites
Before starting, ensure you have the following:
A Privy embedded wallet: Created within a Privy-integrated application or through Privy Home.
A CEX account with sufficient funds for bridging and gas fees.
Step-by-Step Guide
Follow these steps to bridge assets (eg; ETH) to a Privy embedded wallet or between chains:
1
Connect To Prodigy.Fi Using Privy
Visit Prodigy.Fi and connect your wallet using Privy. Ensure you’re connected to your preferred blockchain that you want to send the funds to (eg; Base,Ethereum, etc).
Sign in with your Privy credentials using your email.
2
Open The "Manage Wallet" Tab
In the top right corner, click your wallet address, then select “Manage Wallet.”
3
Navigate To Your Privy Wallet Address Section
Click the “Receive” button.
4
Copy Your Wallet Address
Click on the copy icon in the bottom right hand corner.
5
Head over to your CEX account (Binance as an Example)
Head over to your CEX account and go to your dashboard
Click on "Withdraw"
6
Select Bridge Asset
Under the "Select Coin" section, select ETH
7
Paste Your Privy Wallet Address
Under the "Withdraw to" section, paste your Privy wallet's address (from step 4).
8
Select Base network
Under the same "Withdraw to" section, select Base, Ethereum or Bera as the network.
9
Select Amount
Under the "Withdraw amount" section, specify the amount of ETH to transfer to your Privy wallet, then click on "Withdraw".
10
Receive ETH
Once confirmed, the transfer should complete in 10 to 20 seconds.
Check your wallet balance on your selected network (Ethereum, Base, etc) to confirm the bridged tokens (eg; ETH).
