Complete Guide to Withdrawing Crypto Assets via Blockchain

If you need to withdraw digital assets from your account using the blockchain network, this guide covers all the necessary steps. We will explain how to properly set up withdrawals through distributed networks, what security measures are required, and what to pay attention to when sending crypto funds to an external address.

Pre-requisites and Important Conditions

Before starting the withdrawal process, ensure you have the following:

• Verified email address on your account
• Two-factor authentication (2FA) enabled via Google Authenticator
• Recipient wallet address ready to receive funds
• Sufficient balance in your financial account (funds must be there, not on the trading account)

Remember that for certain assets, such as XRP, XLM, XEM, or XYM, you will need to specify a special tag or memo during transfer. Without this, your withdrawal may experience delays and processing difficulties. Confirmation times depend on the network load of the blockchain itself and can vary.

Choosing the Address and Setting Withdrawal Parameters

The first step is selecting the correct recipient wallet. You can either manually enter the address in the appropriate field or choose from previously saved addresses in your address book. If you plan to regularly withdraw to a specific wallet, it is recommended to add the address to your trusted recipients list.

When adding a new address, follow the verification instructions. Addresses included in the whitelist can bypass some 2FA confirmation steps, speeding up the entire process.

After selecting the address, proceed to choose the blockchain network. Different networks offer various fee levels and processing speeds. Each blockchain network has its own transfer cost — these details are displayed in the system when selecting the network.

Specifying the Amount and Checking Limits

Next, specify the amount you want to withdraw. The system allows you to either enter a specific amount or select to withdraw the entire available balance. Note that the minimum withdrawal amount depends on the chosen blockchain network and may differ for various assets.

The system also displays daily and monthly withdrawal limits for your account. If you need to increase these limits, it is possible through the relevant settings section. The final amount calculation accounts for network fees, which are deducted from the transferred volume.

Confirmation Process and Identity Verification

After entering all withdrawal parameters, click the confirmation button. The system will redirect you to the verification page. If your address is not yet in the list of verified recipients, you will need to complete two verification steps.

In the first step, a confirmation code will be sent to your registered email. This code is valid for only five minutes, so enter it promptly. If you do not see the email in your inbox, check your spam folder — it may have landed there.

In the second step, you will need to enter a six-digit code from the Google Authenticator app installed on your device. This two-factor authentication provides a high level of security when working with blockchain assets.

Sending the Request and Waiting for Processing

After completing all checks, click the submit button. Your withdrawal request via the blockchain will be accepted by the system.

Processing time depends on several factors. Under normal conditions, the transaction can be processed within 30 minutes to an hour. However, during periods of high network congestion (such as trading peaks or major events), the process may take longer. This is related to the network’s capacity, not the platform’s performance.

Make sure you have entered the address correctly and, if necessary, added the required tag or memo. Incorrect information can lead to loss of funds or long delays. During the asset withdrawal process via blockchain, it is important to pay attention to each step and verify all data before final submission.