What is the process for depositing and withdrawing funds on Matrixport?
DrewrenoNov 26, 2021 · 3 years ago1 answers
Can you explain the step-by-step process for depositing and withdrawing funds on Matrixport? I'm new to the platform and would like to understand how it works.
1 answers
- Nov 26, 2021 · 3 years agoWhen it comes to depositing and withdrawing funds on Matrixport, the process is quite user-friendly. After logging in to your account, navigate to the 'Wallet' section. To deposit funds, select the cryptocurrency you want to deposit and click on the 'Deposit' button. Matrixport will generate a unique deposit address for that specific cryptocurrency. Simply send your funds to that address from your external wallet or exchange, and they will be credited to your Matrixport account after the transaction is confirmed. For withdrawals, choose the cryptocurrency you want to withdraw, enter the withdrawal address and the amount, and click on the 'Withdraw' button. Matrixport will process your request and send the funds to the specified address. It's important to note that withdrawal fees may apply depending on the cryptocurrency and the network congestion at the time of withdrawal.
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