Aster DEX has been getting attention in the crypto space recently. Binance founder CZ even shared ASTER’s chart, which is rare for him. Launched in July as Aster Chain, the exchange is backed by YZi Labs (formerly Binance Labs) and PancakeSwap, aiming to compete with Hyperliquid in the derivatives market, with trading volume reaching to $1.11B. Here’s a simple guide on how to make deposits and withdrawals on Aster DEX.

Before You Start: What You Need

Before you begin depositing or withdrawing on Aster DEX, make sure you have a few things ready:

1. An EVM-Compatible Wallet

Since Aster DEX supports Ethereum, Arbitrum, BNB Chain, and Solana, you’ll need a wallet that works across these networks. MetaMask is the most convenient choice because it supports all four networks in a single interface, saving you the hassle of switching between wallets.

2. Funds in Your Web3 Wallet

There is no direct way to send funds to Aster DEX like a centralized exchange deposit address. You must connect your Web3 wallet (such as MetaMask), then transfer funds from your wallet to Aster DEX using the platform’s deposit function.

Start Trading on Aster DEX!

How to Deposit on AsterDEX

Depositing on Aster is simple, but since it’s a decentralized transaction, you need to be careful with details like the correct receiving wallet address and network. Here’s how you can transfer your funds to Aster DEX:

Step 1: Open your browser and go to the official Aster DEX website.

Step 2: Once you’re on the platform, click the “Connect Wallet” button in the top-right corner and connect the wallet where your funds are stored.

Step 3: Once your wallet is connected to Aster DEX, click on the “Deposit” button.

Step 4: Now select the Aster DEX account you wish to make your deposit; Perpetual or Spot.

Step 5: Select the correct network and token. For example, if you hold USDT on the BNB Chain, choose BNB Chain as the network and USDT from the token dropdown.

Step 6: Enter the amount you wish to deposit and click “Deposit”.

Once the transaction is approved, your funds will move from your Web3 wallet to Aster DEX and become available for trading. Aster DEX does not charge extra deposit fees,  you’ll only pay the network fee, which can vary depending on the blockchain.

Start Trading on Aster DEX!

How to Withdraw Funds from Aster DEX

Withdrawing from Aster DEX is just as simple as depositing. Here’s how you can move your funds back to your wallet:

Step 1: On the Aster DEX platform, click the “Deposit” button in the top-right corner.

Step 2: A pop-up window will appear. Switch to the “Withdraw” tab.

Step 3: Select the account where your funds are stored; Perpetual or Spot.

Step 4: Next, select the network where you want to transfer your funds and choose the token you want to withdraw.

Step 5: Enter the amount you want to withdraw, then click the “Withdraw” button.

Start Trading on Aster DEX!

Transfer Funds Between Aster DEX Accounts: Spot to Perpetual

Just like on other exchanges, you need to transfer funds between Spot and Perpetual accounts depending on where you want to trade. The process on Aster DEX is simple and only takes a few clicks. Here’s how to move funds from Spot to Perpetual:

Step 1: On the Aster DEX Spot interface, scroll down to the Account section located just below the trading tools.

Step 2: Click the Transfer button to open the transfer window.

Step 3: Set the transfer direction, choose Spot → Perpetual if you want to trade futures, or Perpetual → Spot if you’re moving funds back.

Step 4: Select the token you want to transfer between accounts.

Step 5: Enter the amount you wish to transfer, then click the “Transfer” button.

Your balance will update instantly, and no gas fees are charged for internal transfers.

Start Trading on Aster DEX!

What is Aster DEX?

Aster DEX is a next-generation decentralized perpetual exchange designed to make trading simple and powerful. It was formed after the 2024 merger of Astherus and APX Finance, combining Astherus’ yield-generating products with APX’s advanced perpetual trading infrastructure.

The platform focuses on multi-chain perpetual contracts, supporting deep on-chain liquidity, one-click trading, and advanced tools for professional traders. Aster offers two trading modes: Pro Mode with a full order book interface and low fees, and 1001x, an on-chain, MEV-resistant, one-click perpetuals system.