Withdrawing USDT from WAX
Withdraw USDT from WAX: A Step-by-Step Guide
Last updated
Withdraw USDT from WAX: A Step-by-Step Guide
Last updated
Prerequisites:
Ensure you have a valid WAX wallet with the required USDT balance.
The deposit destination should be a Centralized Exchange (CEX) such as Binance or KuCoin.
Instructions:
Select EOS Network for Deposit:
When depositing USDT to your chosen CEX, ensure that you select the EOS network as the source. This is a critical step for a successful transaction.
Read Carefully:
Carefully read the instructions provided here before initiating the deposit. Pay attention to details such as the CEX deposit address and the memo for deposits.
Include CEX Deposit Details:
Make sure to include the correct CEX deposit address and the associated memo during the deposit process. This information is essential for proper fund crediting.
Deposit Fee:
Note that there is a deposit fee of 0.05 USDT. Account for this fee in your deposit amount.
Fill in MEMO on Exchange:
On the exchange platform, fill in the MEMO exactly as provided above. Accuracy in entering the MEMO is crucial to avoid potential fund loss.
Be aware that the MEMO may vary between different wallets or exchanges. Always refer to the interface for the correct MEMO associated with your transaction.
Double-Check Information:
Before confirming the deposit, double-check that you've included the correct CEX deposit address, memo, and accounted for the deposit fee.
Complete Deposit:
Confirm and complete the deposit process on the WAX blockchain.
Important Note:
An incorrectly filled MEMO can lead to the loss of funds. Exercise caution and verify all details before finalizing the deposit.