Rapid Transfer
What is Rapid Transfer
Rapid Transfer is LTP's proprietary solution designed for fast capital turnover. You can use it for deposits, transfers, and withdrawals when certain conditions are met. Notably, transfers between venue accounts can be completed within seconds, significantly enhancing trading efficiency.
Unlike standard on-chain transfers — which require waiting for block confirmations — Rapid Transfer routes eligible operations through LTP's internal infrastructure, reducing settlement time to near-instant for venue-to-venue moves.
Eligibility
Rapid Transfer applies when all of the following conditions are met:
| Criteria | Requirement |
|---|---|
| Supported asset | USDT (more assets will be supported in the future) |
| Supported venues | Binance, RapidX, OKX, Bybit, Gate, Coinbase |
Transfers that fall outside these criteria will be processed as standard on-chain transactions.
Supported Operations
Below, trading account means a RapidX Portfolio or a DMA sub-account on one of the supported exchanges.
| Operation | Route | Transaction fee |
|---|---|---|
| Deposit | External Address → RapidX Portfolio | On-chain fee |
| Transfer | Funding Account ↔ Trading Account | On-chain fee (may be 0 in some cases) |
| Transfer | Trading Account ↔ Trading Account | 0 |
| Withdrawal | Trading Account → External Address | On-chain fee |
There are currently no fees for using the Rapid Transfer System itself. The transaction fees shown above are charged by the underlying network, not by LTP. An upcoming release removes them entirely.
Upcoming Changes
- New pools — Bitget, Deribit, and a dedicated RapidX pool are being added.
- Funding Account pool retired — once the dedicated pools are in place, the Funding Account pool is removed and the
Unifiedpoolvalue goes away with it. Avoid hard-coding a dependency on it. - No more fees — the on-chain fees described above only arise on routes that involve the Funding Account, so retiring that pool removes them.
Using Rapid Transfer via the API
Rapid Transfer is not a separate endpoint — you opt in with a flag on the regular transfer and withdrawal calls.
| Opt in | Set rapidTransfer: true on Transfer or Withdraw. Defaults to false |
| Fallback | Setting true prioritizes the Rapid Transfer fund pool. If the pool does not have enough available quota — or the request falls outside the criteria above — the request automatically continues through the standard transfer flow. The call does not fail |
| Check quota | Query Rapid Pool Quota returns a pool's real-time available balance — call it before a large transfer to know whether Rapid Transfer will actually be used |
Each pool is queried separately — pass the currency and the pool you want:
| Pool | pool value |
|---|---|
| Binance / OKX / Bybit / Gate / Coinbase | The exchange name, e.g. Binance |
| Funding Account | Unifiedpool |
Updated about 7 hours ago