For the complete documentation index, see llms.txt. This page is also available as Markdown.

External Wallet vs Google Account

How the two ways to access Yellow.pro — external wallet vs Google sign-in — differ in balance structure and deposit, transfer, and withdrawal flow.

Yellow.pro supports two ways to access the platform:

  1. Connecting an external wallet

  2. Signing in using Google

Both methods let you trade on the platform, but the balance structure and transfer flow work differently. This guide explains the main differences and gives the complete deposit, transfer, and withdrawal flow for each account type.

You can connect supported wallets such as MetaMask, Rabby, Phantom, or WalletConnect directly to Yellow.pro. Deposits and withdrawals happen directly through the connected wallet. External wallet users do NOT use Account Balance.

Deposit flow

External Wallet → Trading Account → Perpetual Account

Deposits go directly into the Trading Account. If you want to use funds for Perpetual trading, transfer them internally to the Perpetual Account.

  1. Initiate a deposit from Yellow.pro.

  2. Approve the spending limit in case of ERC20 transaction (like USDT)

  3. Approve the deposit transaction in your connected wallet.

  4. Wait for on-chain execution.

  5. Funds appear in your Trading Account.

  6. Transfer to the Perpetual Account if needed for perpetual trading.

Withdrawal flow

Perpetual Account → Trading Account → External Wallet

If funds are currently inside the Perpetual Account, they must first be transferred back to the Trading Account before withdrawal.

  1. Go to the Withdrawal page.

  2. Select the asset and amount.

  3. Funds are sent directly to your connected wallet.

  4. No recipient address needed — your wallet is already connected.

Transfer flow

Trading Account ↔ Perpetual Account

Transfers between the Trading Account and Perpetual Account are internal platform transfers and normally reflect instantly.

Spot Account To Perpetual Account Transfer

Main Differences

Comparison
External Wallet Users
Google Sign-in Users

Wallet setup

User connects their own wallet

Yellow Wallet is created automatically

Deposit destination

Trading Account

Account Balance (Yellow Wallet)

Trading requirement

Funds can usually be traded immediately

Funds must first be transferred to the Trading Account

Spot ↔ Perpetual transfers

Internal and normally instant

Internal and normally instant

Withdrawal source

Trading Account (direct to connected wallet)

Account Balance (Yellow Wallet)

Account Balance usage

Not used

Required for deposits and withdrawals

Account Balance ↔ Trading Account transfers

Not applicable

Processed on-chain

Recipient address on withdrawal

Connected wallet used automatically

User must enter recipient address manually

Important Things to Know

  • External wallet users interact directly through their connected wallet. They do not use Account Balance.

  • Google Sign-in users have an additional Account Balance layer (Yellow Wallet) for deposits and withdrawals.

  • Spot ↔ Perpetual transfers are internal and normally instant for both account types.

  • Account Balance ↔ Trading Account transfers are processed on-chain and may take time.

  • Funds locked in active orders or positions are not transferable.

  • Blockchain transactions cannot be reversed once completed.

Which Option Should You Choose?

  • External wallet connection is generally better for users already familiar with crypto wallets and direct wallet interaction. It's more straightforward since there's no Account Balance layer.

  • Google Sign-in is designed for users who want a simpler onboarding experience without manually connecting a wallet first. Your Yellow Wallet is created automatically and is also accessible on Yellow.com.

Both methods provide access to the same trading platform and features. Choose whichever feels most comfortable for your workflow.

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