How to Deposit in Quotex with Nagad: Step-by-Step Guide

Quotex does not accept Nagad directly. To fund your account from Bangladesh using Nagad, you have two options: use a P2P exchanger who accepts BDT via Nagad and credits USD to your Quotex account, or buy USDT on Binance P2P with Nagad and deposit crypto directly. Both work — the crypto route removes exchanger counterparty risk from the equation.

Quick Reference

Route 1: Deposit via P2P Exchanger (Nagad → USD → Quotex)

This is the route most Bangladeshi traders use. A third-party exchanger accepts BDT via your Nagad wallet and sends the equivalent in USD to your Quotex account. Quotex's official blog refers to this as a "P2C" (peer-to-company) process for Nagad — the mechanism is essentially the same as the bKash P2P exchanger route.

Step 1 — Get your Quotex account details

Log in at qxbroker.com. Go to Finance > Deposit. Note your Quotex account ID or the email you registered with. Different exchangers may ask for either.

Step 2 — Find a verified exchanger

Use exchangers with a documented history of completed transactions. Look for:

• Positive reviews spanning several months, not just recent ones
• A visible channel for disputes (Telegram group with admin, Facebook page with public comments)
• A clear exchange rate and fee confirmed in writing before you send

Avoid exchangers you found through a single WhatsApp forward or a Facebook ad you have never seen before. If the offered rate is significantly better than others, treat that as a warning.

Step 3 — Agree the rate and amount

Contact the exchanger and state the USD amount you want deposited (minimum $10). Confirm the exact BDT amount you need to send and the rate applied. Get this in writing before you transfer anything.

Step 4 — Send BDT via Nagad

Transfer the agreed BDT amount to the exchanger's Nagad number. Save the transaction reference number — you will need it as proof if the deposit is delayed.

Step 5 — Send your transaction proof

Share the Nagad transaction reference and your Quotex account details with the exchanger. A reliable exchanger confirms receipt and credits your Quotex account within the timeframe they quoted.

Step 6 — Check your Quotex balance

Log back into Quotex and go to Finance. Confirm the USD amount has appeared. If the balance has not updated within the exchanger's stated window, contact them with your transaction reference and timestamp.

Route 2: Deposit via USDT TRC-20 (Recommended)

This method sends funds directly to Quotex without an intermediate party holding your money. You buy USDT on Binance P2P using Nagad, then transfer to your Quotex deposit address.

Step 1 — Get your Quotex USDT deposit address

In Quotex: Finance > Deposit > Cryptocurrency > USDT TRC-20. Copy your unique deposit address. Do not send from an ERC-20 network — only TRC-20 is accepted. Sending on the wrong network can result in permanent loss of funds.

Step 2 — Buy USDT on Binance P2P with Nagad

Open Binance P2P (you need a verified Binance account). Set the payment method filter to Nagad. Choose a USDT seller with:

• 500+ completed trades
• 98%+ completion rate
• A spread that is competitive compared to other listings

Place a P2P order for the USDT amount you need. The seller's Nagad number appears in the order details. Send the BDT payment via Nagad, then mark the order as paid on Binance.

Step 3 — Withdraw USDT to your Quotex address

Once the seller releases your USDT on Binance, go to Withdraw on Binance. Select USDT, choose the TRC-20 network, paste your Quotex deposit address, and confirm. Binance deducts a small TRC-20 network withdrawal fee (typically under $1).

Step 4 — Wait for blockchain confirmation

TRC-20 transfers confirm in roughly 10–30 minutes. Check your Quotex balance once the transaction is confirmed.

Fees and Exchange Costs

Quotex charges no deposit fees on its side. All costs come from:

• Binance P2P spread: typically 1–2% above the market rate
• TRC-20 network withdrawal fee on Binance: usually under $1
• P2P exchanger margin: varies by exchanger — always confirm before sending

There is no standardised published fee for the Nagad exchanger route because rates differ between operators. Ask before you transfer.

What to Do if Your Deposit Is Delayed or Fails

For the exchanger route: 1. Contact the exchanger with your Nagad transaction reference and the exact time of transfer. 2. Allow the window they quoted before escalating. 3. If they are unresponsive, escalate through whichever community or review platform verified them.

For the USDT TRC-20 route: 1. Check the transaction on Tronscan using your transaction hash (TXID). Confirm it shows the correct TRC-20 contract address and destination. 2. If confirmed on Tronscan but not credited in Quotex, contact Quotex support on qxbroker.com with the TXID and a screenshot. 3. Do not submit a second deposit until the first is resolved.

Common reasons deposits fail: - Wrong network selected (ERC-20 instead of TRC-20) - Incorrect deposit address pasted - Exchanger-side processing delay unrelated to Quotex

Nagad Deposit Limits

Quotex's minimum deposit is $10. There is no published per-deposit maximum on Quotex's side. Nagad imposes its own per-transaction and daily limits set by Bangladesh Bank and your Nagad account tier — check your current Nagad limits before initiating larger deposits.

Alternative Deposit Methods

If Nagad is not available or you prefer a different method:

• bKash deposit guide — same P2P exchanger and crypto logic, using bKash instead
• USDT (TRC-20) via Binance P2P — same crypto route described above; works with bKash P2P sellers as well

For a full comparison of all Bangladeshi deposit options, see the Quotex deposit and withdrawal hub.