Withdrawal
The Withdrawal Dashboard enables users to make withdrawals in both cryptocurrency and fiat.
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Withdrawal Options: Select either Crypto or Fiat withdrawal and follow the prompts to complete your transaction.
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Withdrawal History: View a comprehensive record of all withdrawal transactions associated with your account for easy tracking and reference.
This dashboard provides a straightforward and organized way to manage withdrawals, offering flexibility with crypto and fiat options and clear visibility into transaction history.
Withdrawal Dashboard
Withdrawal - Select Token
To withdraw cryptocurrency:
1. Select Token: Choose from 16 available cryptocurrencies.
Withdrawal - Provide Address
After selecting your token, the screen will refresh and prompt you to Provide Address.
Verified Address - ADD
Add a verified address where you wish to receive the withdrawal. Ensure the address is correct to avoid transaction issues.
Verified Address Entry
Enter a verified address where you wish to receive the withdrawal. Ensure the address is correct to avoid transaction issues.
Withdrawal Dashboard
Once a trusted address is added to your wallet, it will automatically populate in the Withdrawal Dashboard as a verified address.
This verified address will be used as the recipient for your withdrawal, ensuring a secure and streamlined process.
Withdrawal Input
1. Input Amount: Enter the amount you wish to withdraw, either in USD value or ETH quantity.
2. Confirm Withdrawal: Click Withdraw to initiate and process the transaction.
This step finalizes the withdrawal request based on your specified amount.
Withdrawal Process
After clicking Withdraw to initiate the transaction:
- The screen will refresh, displaying a prompt to Confirm your withdrawal.
- Review the transaction details carefully.
- Click Confirm to finalize the withdrawal.
This confirmation step ensures accuracy and security for your transaction.
Withdrawal Pending
Once your Withdrawal request is accepted, the transaction status will display as Pending in your Withdrawal History.
This status indicates that the withdrawal is being processed.
Withdrawal Process Request
Once the Withdrawal is accepted:
- The transaction status will display as Pending in your Withdrawal History.
- A Withdrawal Request will be created, tracking the details of your pending withdrawal.
This request ensures your transaction is properly logged and monitored throughout the process.
Pending Withdrawals
The Withdrawal Dashboard displays all Pending Withdrawals in one place.
Each pending transaction generates a Withdrawal Request, allowing you to track the status and details of your withdrawals easily.
How to process Pending Withdrawals
Pending withdrawals rely on other users to accept and fulfill the order.
To process a pending withdrawal:
- Locate the Pending Withdrawal in the Withdrawal Dashboard.
- Click on Process Withdrawal to accept the order and initiate the transaction.
This action begins the fulfillment process, allowing the withdrawal to proceed.
Confirm Process Withdrawal Order
Process Withdrawal Order Accepted
Process Withdrawal Order
Once you accept a withdrawal order for processing:
- You will have 40 minutes to deposit the required ETH to the specified address.
- Follow the instructions to ensure timely completion of the transaction.
Failure to complete the deposit within the timeframe may impact the processing of the withdrawal.
Deposit funds for Withdrawal Order
To complete the withdrawal order:
- Deposit the exact amount specified in the withdrawal order to the provided address.
- Ensure accuracy to avoid processing delays or issues.
Following this step precisely is essential for successful withdrawal completion.
Withdrawal Dashboard - Executing Status
Once the deposit is successfully processed, the Withdrawal Dashboard will update the status of the withdrawal to Executing.
This status indicates that the withdrawal is currently being processed and is in the final stages of completion.
Withdrawal Dashboard - Completed Status
Once the deposit has been fully processed, the Withdrawal Dashboard will update the status of the withdrawal to Completed.
This status signifies that the withdrawal transaction is finalized and the funds have been successfully transferred.
Withdrawal/Deposit Completed
Upon completion of the deposit process, a Deposit Receipt will confirm that the transaction is finalized.
Here’s what happens post-completion:
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For the Account Processing the Withdrawal:
- The account that processed the withdrawal will have deposited ETH into the withdrawal address.
- In return, the account will receive an equivalent amount of wrapped ETHU in their account.
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For the Account Requesting the Withdrawal:
-The account requesting the withdrawal will have ETHU deducted from their balance. -They will receive ETH directly into their MetaMask account.
This process ensures both accounts have completed their respective transactions and received the correct asset allocations.
Withdrawal - Transaction History
In the Transaction History:
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The account requesting the withdrawal will see their ETHU balance deducted accordingly.
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They will also note the receipt of ETH into their connected MetaMask account.
This transaction history provides a clear record of the asset exchange, showing both the deduction of ETHU and the receipt of ETH.