How a deposit gets approved

Here is the whole journey, in order.

1. The money arrives

Your customer sends money to one of your gateways. It sits in the gateway account.

2. The system reads it

Loop Trade opens your gateway and reads the list of incoming payments. It takes the reference number, the amount, who sent it, and when.

3. It looks for the matching request

A customer on your platform has usually already asked for a deposit, quoting a reference number. The system looks for a request with the same reference number and the same amount.

4. Both must agree

This is the part that matters. If the reference matches but the amount does not, it does not approve. If the amount matches but the reference does not, it does not approve either.

5. It approves

When both agree, the system fills in the reference on your trading platform and clicks Accept. It then checks that the pending count actually went down, so it is never fooled into thinking an approval worked when it did not.

6. It tells you

The deposit moves out of the pending list, and the dashboard shows it as resolved.

If a request never gets a payment, the system waits for your timeout window and then rejects it automatically. You set that window in settings.