Withdrawing USDT from WAX

Withdraw USDT from WAX: A Step-by-Step Guide

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:

  1. 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.

  1. 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.

  2. 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.

  1. Deposit Fee:

  • Note that there is a deposit fee of 0.05 USDT. Account for this fee in your deposit amount.

  1. 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.

  1. 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.

  1. 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.

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