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Withdrawals

Convert wrapped tokens (e.g., ETHU) back to native cryptocurrency (e.g., ETH) and send to your external wallet.

How Withdrawals Work​

Withdrawals are peer-processed — another user fulfills your withdrawal request:

1. You request withdrawal (e.g., ETHU → ETH)
2. Request enters "Pending" state
3. Another user accepts and processes it
4. Processor sends ETH to your verified address (40-min window)
5. Off-chain workers verify the transaction
6. Your ETHU is transferred to the processor

Step-by-Step Guide​

Setting Up​

  1. Go to Profile → Settings → Wallet
  2. Add a verified withdrawal address for each token you may want to withdraw

Making a Withdrawal​

  1. Navigate to Wallet → Deposit/Withdrawal Dashboard
  2. Select Withdrawal and choose your token
  3. Your verified address will auto-populate
  4. Enter the withdrawal amount (minimum $100)
  5. Click Withdraw and confirm
  6. Wait for a processor to accept your request

Fees (1% Total)​

RecipientSharePurpose
Withdrawal Processor0.5%Compensation for fulfilling the request
Staking Workers0.5%Reward for transaction verification

Requirements​

RequirementDetails
Minimum amount$100+ worth of wrapped tokens
Verified addressMust be added in Profile → Settings → Wallet
Exchange poolThe asset's exchange pool must be initialized

Processing a Withdrawal (Earning Fees)​

You can earn 0.5% fees by processing other users' withdrawal requests:

  1. Browse Pending Withdrawals in the Withdrawal Dashboard
  2. Click Process Withdrawal to accept
  3. Send the exact amount to the specified address within 40 minutes
  4. Receive the wrapped tokens + 0.5% processing fee
PartySendsReceives
RequesterETHU (deducted)ETH (to external wallet)
ProcessorETH (to requester)ETHU + 0.5% fee

Learn More​