Home web3.0 How to trade coins in Stacks wallet

How to trade coins in Stacks wallet

Aug 27, 2024 pm 06:46 PM
exchange

How to withdraw from Stacks wallet to exchange? Here are the steps: Open the Stacks wallet and select the asset. Enter the receiving address. Enter the amount. Set fees. Send the transaction and wait for confirmation. Exchange deposit completed.

How to trade coins in Stacks wallet

How to Withdraw from Stacks Wallet to Exchange

Steps:

1. Open Stacks Wallet

  • Launch the Stacks Wallet app on your device.

2. Select the assets you want to send

  • Click the "Send" button on the home screen.
  • Select the asset you want to withdraw from the drop-down menu (e.g., STX).

3. Enter the receiving address

  • Enter the deposit address provided by the exchange in the "Recipient Address" field.
  • Make sure the address is correct as a wrong address may result in loss of funds.

4. Enter the amount

  • Enter the amount of assets you want to withdraw in the "Amount" field.

5. Set handling fee

  • Adjust the "Network Fee" slider to set the handling fee for withdrawals. Higher fees will result in faster transaction confirmation times.

6. Send Transaction

  • After reviewing the transaction details, click the "Send" button.
  • Enter your PIN or wallet password to confirm the transaction.

7. Waiting for confirmation

  • The transaction will be submitted to the network and confirmed by the miners. Confirmation may take anywhere from a few minutes to a few hours.

8. Exchange Deposit

  • Once the transaction is confirmed, the assets will be deposited into the deposit address you provided on the exchange.

Tip:

  • Before making a withdrawal, please make sure you have backed up your Stacks wallet.
  • Check the receiving address multiple times before withdrawing to avoid loss of funds.
  • The handling fee will fluctuate according to the degree of network congestion.
  • Withdrawal time may vary depending on network load and set fees.

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