Crypto deposit
addresses

Crypto deposit addresses for recurring customer payments:
how Sheepy simplifies the flow

Crypto deposit addresses give businesses a simple way to accept recurring crypto deposits without creating a new payment request for every transaction. Instead of generating a new address or invoice each time a customer wants to add funds, a business can assign a reusable crypto deposit address to that customer. This makes deposit addresses especially useful for account funding, prepaid balances, trading platforms, iGaming, marketplaces, SaaS, and other services where customers make repeat crypto deposits.

With customer deposit addresses, every address can be linked to a unique customer identifier. When crypto arrives, Sheepy recognizes the deposit, creates the related invoice automatically, and updates the customer's balance. Businesses can track customer deposits and transaction history while keeping incoming payments connected to the correct customer. This reduces manual reconciliation and makes reusable deposit addresses practical even as transaction volumes grow.

Deposit addresses work across supported cryptocurrencies and blockchain networks. A separate address is created for the cryptocurrency and network required, with a memo or destination tag where the network requires one. Customers can then reuse those deposit details for future payments and send different amounts without requesting a new payment each time. This creates a more flexible crypto deposit flow than invoices designed around a predefined payment amount.

Businesses can integrate crypto deposit addresses through the Sheepy API and connect deposit activity with their own platform. Webhook notifications provide real-time updates when new deposits arrive and when related invoice statuses change. Incoming funds can also be automatically converted into a selected supported currency when conversion is enabled, helping businesses automate more of the crypto payment flow.

Sheepy supports both customer and merchant deposit addresses. Customer deposit addresses are designed for tracking customer transactions and balances, while merchant deposit addresses can be used to fund the merchant account directly. For businesses built around recurring customer deposits, dedicated customer deposit addresses provide a scalable way to accept crypto, automate account funding, and manage repeat payments through one integrated payment infrastructure.