# Funds Transfer

The Cion Digital platform calls the Funds Transfer method whenever the user clicks any of the following buttons, selects cryptocurrency (if applicable), and enters the amount.

* Deposit Collateral
* Withdraw Collateral
* Take Loan
* Repay Loan

params object:

| **Key**               | **Value**                                                                                                       |
| --------------------- | --------------------------------------------------------------------------------------------------------------- |
| user\_id              | Unique ID to identify your user                                                                                 |
| funds\_transfer\_type | Enum as explained in the enums section                                                                          |
| currency              | Currency to be transacted                                                                                       |
| blockchain            | Blockchain on which transaction is meant to be executed                                                         |
| address               | Address where funds should to be transferred (applicable only in case of collateral deposit and loan repayment) |
| amount                | Amount to be transacted                                                                                         |
| timestamp             | Time at which this request was generated by our server                                                          |

Example params object:

```
{
    "user_id": "123",
    "funds_transfer_type": "collateral_deposit",
    "currency": "eth",
    "blockchain": "ethereum",
    "address": "0x5Bd7897dFe0ED054E6a18d2bBa4e655BBC5B4B56",
    "amount": 0.5,
    "timestamp": 1658297274725
}
```

Response result object:

| **Key**     | **Definition/meaning**            |
| ----------- | --------------------------------- |
| message     | Response Message                  |
| fieldLabel1 | OTP form field label 1 (required) |
| fieldLabel2 | OTP form field label 2            |

Example response result:

```
{
    "message": "Please enter OTP codes sent to you email and phone",
    "fieldLabel1": "Email OTP",
    "fieldLabel2": "Phone OTP"
}
```