How to withdraw Monero coins

Withdrawing coins from a Monero wallet requires six steps: Create a withdrawal address, enter the exchange platform, select the withdrawal currency, enter the withdrawal address and amount, submit a withdrawal request, and wait for the withdrawal to be completed

How to withdraw coins from Monero wallet

Step 1: Create a withdrawal address

• Open your Monero wallet (e.g. Monero GUI or Ledger Nano X).
• Go to the "Receive" tab and click "Show all addresses".
• Your withdrawal address will be displayed in a list.
• Select an address and copy it to the clipboard.

Step 2: Enter the exchange platform

• Go to the exchange platform of your choice (such as Kraken or Binance).
• Log in to your account and go to the "Fiat & Spot" tab.

Step 3: Select the withdrawal currency

• In the "Withdrawal" section, select the currency you want to withdraw (such as USD, Euro or Bitcoin ).
• Find and select "Monero (XMR)" as the withdrawal currency.

Step 4: Enter the withdrawal address and amount

• Paste the withdrawal address you copied in step one in the "Receive Address" field.
• Enter the amount of Monero you want to withdraw in the "Amount" field.

Step 5: Submit a coin withdrawal request

• Check your coin withdrawal information carefully to ensure it is correct.
• Click the "Withdraw" button.

Step 6: Wait for the withdrawal to be completed

• Monero withdrawals usually take a few hours to a few days to complete.
• You can track your withdrawal status in your wallet or exchange platform.

Tips:

• The minimum withdrawal amount may vary depending on different wallets or exchange platforms.
• Before making a large-amount withdrawal, it is recommended to conduct a small-amount test first.
• Always use strong passwords and other security measures to protect your Monero assets.

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