Funding your account

What MMX is

MMX is the native coin of the MMX blockchain. Gigahost accounts are funded in MMX: you send MMX from your own wallet to the platform’s deposit address with your account’s memo, and Gigahost credits its US dollar value at the exchange rate in effect.

Activate the account

You need an account key first.

1. Ask the backend for the current deposit address, minimum amount, and required confirmations:

   ghost account activation-terms

2. Send one or more native MMX payments to the returned address with your exact 16-character deposit_memo. Their combined confirmed amount must reach the activation minimum, so an undersized payment can be followed by another.

3. Wait until the payments reach the confirmation minimum. The scanner then normally records them within 10 seconds.

4. Activate the account, without supplying transaction IDs, and verify it:

   ghost account activate
   ghost account show
   ghost account balance

Copy the memo exactly

A payment with a missing or unknown memo cannot be assigned to your account unless that memo is registered later. Always copy the current deposit memo exactly.

What activation does

• Activation creates the stable account alias and credits every confirmed deposit for the derived memo at the effective MMX/USD exchange rate.
• Six confirmations are required by default; always use the current value returned by activation-terms.
• Activation reads only the scanner’s durable receipt records and does not make its own chain query. If the newest receipt has not been observed yet, wait briefly and retry the activation command.
• Activating an account key whose account exists already returns that account, so a retry is safe.

Amounts in atomic units

Amounts are reported in atomic MMX units; one MMX is 1,000,000 atomic units.

Add funds later

Send native MMX to the same published address with your exact current deposit memo. No separate claim command is needed.

• The backend scans every 10 seconds for confirmed deposits and credits them automatically at the effective MMX/USD exchange rate.
• Gigahost records each confirmed receipt by its MMX transaction ID and memo. Restart-safe rescanning cannot credit the same receipt twice.
• A retired memo from an earlier account key remains linked to the same account, although the current memo should be used for new payments.

See your deposits

• On the website, Billing › Deposits (/billing/deposits) lists your MMX deposits and tells how to add funds.
• With ghost, ghost account balance shows your balance and ghost account deposits lists your deposits.

What the balance pays, and what happens when it runs low, is on Pricing and billing.