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Tutorial on how to put coins from IDAX exchange into wallet

James Robert Taylor
Release: 2024-09-27 21:07:41
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Tutorial on how to put coins from IDAX exchange into wallet

How to put IDAX exchange coins into wallet

Step 1: Generate the receiving address

  • Open your wallet and navigate to the "Receive" page.
  • Select the address type you want to store the currency in (e.g. Bitcoin, Ethereum).
  • Copy or scan the generated receivable address.

Step 2: Withdraw coins from IDAX

  • Log in to your IDAX account.
  • Navigate to "Fund Management" > "Withdraw Coins".
  • Select the currency you want to withdraw in the "Currency" field.
  • Paste or enter the receiving address you generated previously in the "Withdrawal Address" field.
  • Enter the withdrawal amount and the fund password.
  • Click "Confirm Withdrawal".

Step 3: Confirm the withdrawal

  • IDAX will send a confirmation email to your registered email address.
  • Open the email and click on the confirmation link.

Step 4: Wait for the transaction to be completed

  • The coin withdrawal process may take some time, depending on network congestion.
  • You can track transaction status in your wallet or in the transaction explorer.

Tip:

  • Make sure you select the correct receiving address because once sent, your coins cannot be recovered.
  • Check the minimum withdrawal limit and make sure you have enough coins to withdraw.
  • Consider using a blockchain with less network congestion or Ethereum ERC-20 tokens for faster withdrawals.

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