Deposit USD with the Pegasus Wallet

Pegasus is a global mobile wallet that provides US-based Kinesis users an efficient and low-cost method for depositing and withdrawing US dollars on the Kinesis platform.

Watch the Pegasus video guide:

Watch the video guide to see the full process - creating and verifying your Pegasus wallet, funding it, and depositing your USD into Kinesis.

Note: USD can be held in your Kinesis portfolio, but fiat currencies can't be traded, sent, or spent by card directly. 

To use your funds, convert your USD into Currency One USD (C1USD) - a stablecoin pegged 1:1 to the US Dollar - in just a few clicks, free of charge. See the conversion guide here.

Creating your Pegasus Wallet

Step 1: Enrol

Head to the Pegasus website and select the Enrol option in the top right corner to create your free wallet.

For security reasons, please disconnect from your VPN before activating your account.

Pegasus supports 15 languages - choose your preferred option.

Step 2: Enter your account Information

1. Select your country from the dropdown menu. 

Currently, Kinesis only supports deposits from US-based users, with wider availability planned in the future.

2. Enter your first name, last name and username (minimum of six characters).
3. Provide your telephone number with the country code.
4. Create a strong password that includes:
   • At least one lowercase and one uppercase letter
   • At least one number (0-9)
   • At least one special character (!#$%^&*~?_)
   • Minimum of eight characters

5. Create your security question and security answer. This lets our support team to verify your identity quickly over the phone.

6. Set up a PIN number. This will be necessary for easy access to your Pegasus Wallet when logging in.

7. Enter the email address for your Pegasus Wallet. 

We recommend using the same one registered to your Kinesis account.

8. Provide your handwritten signature.

Tick the box to accept the Pegasus Wallet Terms of Use, E-Sign Agreement, and Privacy Policy.

Congratulations! You've just created your Pegasus Wallet!

Step 3: Log in to Pegasus

1. Now you can sign up using your Username and Password.

If you have any questions or don’t remember your wallet details, contact Pegasus customer service at:

📞 +1 888-585-97-42
📧 support@mypegasuspay.io

2. As you enter your details, we’ll send a one-time 6-digit code to the number you’ve provided.

3. Once you've entered the code, you'll gain access to your Pegasus wallet.

From here you can load your wallet from a US bank account, and deposit or withdraw USD to and from Kinesis.

To unlock these Pegasus features,, you must first verify your identity.

_______________________________________________________________________

Verifying your Identity

Identity verification lifts your wallet balance limit above $1,000. It also lets you link a US banking or savings account for deposits and withdrawals. The validation is free of charge and does not affect your credit.

Step 1: Provide Your Details

• Enter your residential address, including city, country, province/region, and postal code.
• Provide your Social Security Number (SSN).
• Enter your date of birth in the format MM-DD-YYYY.

Step 2: Submit Your Details

Once you’ve reviewed your details, simply click Verify Identity.

Verification usually completes within a few hours, though it can take up to 2–3 business days.

_______________________________________________________________________

Funding your Pegasus Wallet

Before depositing funds into your Kinesis account, you’ll first need to load your Pegasus wallet with USD. 

You can fund your wallet via a transfer from your US bank account or by using a credit or debit card.

Loading funds via a bank debit card cost $1.00, with the amount instantly reflected in your wallet balance.

Alternatively, you can receive funds in real time from another Pegasus wallet user or even use the balance of your virtual gift card.

Step 1: Link your US bank account

1. From your dashboard, go to the Wallet tab in the top-left corner.
2. Select Manage Linked Accounts, then choose US Bank Account.

3. Click Add New Checking/Savings Account, then follow the prompt by selecting Please click here to access to begin linking your US bank account to your Pegasus mobile wallet.

4. You’ll be redirected to a secure Plaid pop-up window. Agree to Plaid’s Privacy Policy and click Continue.

Pegasus uses Plaid to connect your bank account safely, without sharing sensitive login details.

5. Enter your mobile number (with country code), choose your US bank, and log in using your online banking credentials.
6. You will then be prompted to verify your identity with your US bank. Enter your mobile number, receive the verification code sent to your phone, then complete the process by entering your 4-digit PIN and clicking Submit.

7. Agree to the Terms & Conditions and click Connect account information.

Once verified, your bank account will be securely linked with your Pegasus wallet, enabling seamless USD transfers into your Pegasus wallet via ACH.

Step 2: Load your Pegasus wallet

Once your US bank account is linked, you can easily load funds into your Pegasus wallet via ACH transfer:

1. Go to the Wallet tab in the top left of your Pegasus dashboard and select Load Money just below.
2. In the Load Money From field, select your linked US bank account from the dropdown list.
3. Enter the following details carefully:
   1. CVV number from your debit card (if applicable)
   2. Pegasus Mobile Wallet PIN (set during account creation)
   3. USD amount you wish to load
4. Include a transaction note for reference and sign using the signature provided during account setup, then Confirm the transaction to complete your ACH deposit.

Your funds will now be on their way to your Pegasus wallet balance. Once received, you’re ready to deposit USD into your Kinesis account.

_______________________________________________________________________

Depositing USD to Kinesis

Before depositing funds into Kinesis, you’ll need to load your Pegasus wallet with USD. 

Step 1: Transfer USD to Kinesis wallet

For a seamless and secure USD deposit into your Kinesis account, we recommend sending your funds directly to the Kinesis wallet on the Pegasus platform.

To transfer your USD to Kinesis:

1. Navigate to the Wallet Hub in the top-left corner of your Pegasus dashboard.
    
2. Select the Send Money tab.
    
3. Within the Send Money tab, choose Mobile Wallet Account to proceed with the transfer.

Step 2: Log into your Kinesis account

1. Open a new tab on your computer and log into your Kinesis account.
2. From the Home dashboard, navigate to the drop-down menu in the top-right corner and select ‘Deposits’.

3. A deposit pop-up window will now appear. Select US Dollars as the currency and the United States as your preferred deposit location.

You will see the Kinesis' Pegasus wallet details, including:

• Wallet Provider
• Wallet Name
• Wallet Number
• Payment Reference

Keep the Deposit window open, as you’ll need these details for the next step.

Step 3: Fund your Kinesis account

1. Return to the ‘Send Money’ tab in your Pegasus wallet.
2. Copy the Kinesis wallet number from the Kinesis deposit window and paste it into the corresponding field in your Pegasus account, labelled as "Send to Mobile Number". 
3. In the ‘Description’ field, paste your Kinesis HIN number (e.g. KM12345678) as the Payment Reference.
4. Enter the amount of USD you wish to deposit.
5. For security, enter the 4-digit PIN you set up when creating your Pegasus account.

You can save the Kinesis wallet details for future use by selecting the "Add to favourites" checkbox.

Double-check all details to ensure accuracy before proceeding, then click Send Money to confirm your deposit.