A withdrawal allows you to transfer a specified balance of digital currency from any of your currency wallets (learn more here) to another wallet of the same currency. A withdrawal can be used to transfer a specified amount to another person’s wallet as a payment or transfer currency between your own wallets not hosted on ChainEX. This process is similar to transferring money between bank accounts using EFT.
Two types of withdrawal exist and are supported by ChainEX:
- Withdrawing digital currencies from wallets of all the supported digital currencies simply by specifying the receiving wallet’s address and the amount to withdraw.
- Withdrawing your digital currency balances as Fiat currency into your personal bank account.
For a step-by-step guide on how to withdraw digital currency to a specified wallet, please click here.
For a step-by-step guide on how to withdraw digital currency as Fiat currency into your personal bank account, please click here.