Wallet Configuration
BitLease is built around a dual-wallet architecture. Every account contains two distinct wallet spaces that serve different purposes within your ownership journey.
This is not a trading platform. It is a structured path to digital asset ownership and the wallet design reflects that structure precisely.
FUNDING Wallet — Your Starting Point
The FUNDING wallet is where every user journey begins. It functions like a standard financial account: you deposit assets here, and from here you initiate any action on the platform.
All LTO contracts are funded from the FUNDING wallet. Once your down payment is confirmed, the relevant assets move from FUNDING into the LTO wallet, where the contract lifecycle begins.
What the FUNDING Wallet Supports
- Fiat or stablecoin deposits via on-chain transfer
- Crypto deposits connected through institutional custody
- Swaps between fiat, stablecoins, and crypto (Convert feature)
- Installment payments toward your active LTO contracts
- Receiving Free Assets transferred from your LTO wallet
- Withdrawals to external wallets (subject to AML/KYT compliance checks)
- Internal transfers to other BitLease users via BL Pay
LTO Wallet — Your Contract Space
The LTO wallet is activated the moment you open your first LTO contract. It is not empty until that point. it simply does not exist as an active space until a contract requires it.
Inside the LTO wallet, your assets exist in one of two states.
Locked Assets
Locked Assets are assets currently under an active LTO contract. They are held under MPC custody (non-user-signatory), meaning they are protected by institutional-grade security and cannot be moved by any party until contract conditions are met.
- Non-transferable for the duration of the contract
- Non-withdrawable until the contract is fully settled or terminated
- Protected under Non-User-Signatory MPC Custody
- May optionally be staked via LTO Staking Delegation
- Released only after Full Settlement or Termination Event
Locked Assets represent real digital assets held securely on your behalf. Although they are not withdrawable during the lease period, you hold full Economic Utility rights , including price appreciation and eligible staking yield, from the moment the contract activates.
Free Assets
Free Assets inside the LTO wallet are fully accessible. They arrive here through several paths:
- Staking rewards earned through LTO Staking Delegation
- Surplus assets returned after a Termination Event
- Assets fully released after completing all installments
- Incentives and cashback credited to your account
Free Assets can be used directly to pay installments, transferred to your FUNDING wallet, or withdrawn externally.
## How to Add Funds to Your FUNDING Wallet
Your FUNDING wallet is the starting point for all activity on BitLease. Before opening a lease or making any payment, you need funds available in this wallet.
BitLease supports two deposit methods, both of which are accessible through the ADD FUNDS button in your Assets section.
**Before you begin
- Ensure your KYC verification is complete
- Only deposit assets to the correct network address
- Deposits are subject to AML/KYT compliance review
- Processing time depends on the network and confirmation requirements
Deposit Methods
On-Chain Deposit
On-Chain Deposit allows you to send cryptocurrency from any external wallet directly to your BitLease FUNDING wallet. This method is processed through Fireblocks institutional custody.
Always verify the network before sending. Sending an asset on an incorrect network may result in permanent loss. BitLease is not responsible for transfers sent to incorrect addresses or on incorrect networks.
BL Pay — Internal Transfer
BL Pay is BitLease's internal transfer system. It allows you to receive crypto from another BitLease user instantly, with no network fees and no confirmation wait time.
To receive funds via BL Pay, share your BitLease account identifier with the sending user. Once they initiate the transfer, your FUNDING wallet balance updates immediately.
BL Pay transfers only work between verified BitLease accounts. External wallets and non-BitLease accounts cannot send through BL Pay.
please follow the steps on
[[CATEGORY 2 WALLET & FUNDS MANAGEMENT/Article 7 How to Add Funds.md]]
to add funds to your Funding Wallet
## How to Send and Withdraw from Your FUNDING Wallet
You can move assets out of your FUNDING wallet in two ways: by sending them to an external wallet via On-Chain Withdrawal, or by sending them to another BitLease user via BL Pay.
Both options are available through the SEND button in your Assets section.
On-Chain Withdrawal
On-Chain Withdrawal allows you to transfer crypto from your FUNDING wallet to any external wallet address. Withdrawals are subject to AML/KYT compliance review before processing.
BL Pay — Send to Another BitLease User
BL Pay sends crypto instantly to another verified BitLease user. No network fees apply, and the transfer settles immediately within the platform.
Important (Funding Wallet Only)
- You can only send and withdraw assets from your FUNDING wallet.
- Assets in your LTO wallet (Locked Assets) cannot be sent or withdrawn
- while they are under an active contract.
- Free Assets inside your LTO wallet can be transferred to FUNDING first,
- then sent or withdrawn.
please follow the steps on
[[CATEGORY 2 WALLET & FUNDS MANAGEMENT/Article 9 How to withdraw funds cryptocurrency.md]]
to Send and Withdraw from Your FUNDING Wallet
## How to Transfer Between Your FUNDING and LTO Wallets
The TRANSFER function moves assets between your two internal wallets: FUNDING and LTO. This is distinct from sending to external wallets or other users.
Transfers between wallets are processed instantly, with no network fees.
When Would You Need to Transfer?
The most common reason to transfer from FUNDING to LTO is to top up your LTO wallet before an installment payment is due. The system does not automatically deduct installments from your FUNDING wallet.
You may also transfer Free Assets from your LTO wallet back to FUNDING — for example, to access staking rewards or surplus assets after a contract closes.
Installments are paid exclusively from the LTO wallet. If your LTO wallet does not have sufficient balance when a payment is due, you must manually transfer from FUNDING before the due date to avoid penalties.
Key Rule
- BitLease does not perform automatic deductions from your FUNDING wallet for installment payments. You are responsible for maintaining a sufficient balance in your LTO wallet before each payment due date.
- The Automatic Payments setting (found in Account Settings) allows installments to be deducted automatically from your LTO wallet balance on due dates. It does not auto-transfer from FUNDING.
- Payment source order when Automatic Payments is on:
USDT LTO → USDC LTO → USDT Funding → USDC Funding
please follow the steps on
[[CATEGORY 2 WALLET & FUNDS MANAGEMENT/Article 8 How to convert assets.md]]
to Transfer Between Your FUNDING and LTO Wallets
## Need Help?
If you encounter issues that this article does not resolve:
Contact Bitlease Support:
- Email: [support@bitlease.com](mailto:support@bitlease.com)
- Subject: "Wallet Configuration Issue"
- Include: Description of the problem, any error messages, and steps you have already tried
Response time: Within 24 hours
For urgent security concerns:
Email: [security@bitlease.com](mailto:security@bitlease.com)