Toobit provides two primary methods for withdrawing funds: On-chain Transfer and Internal Transfer. Each method serves different purposes, and here's what you need to know about them:
1. On-chain Transfer:
- On-chain transfers are traditional withdrawals that utilize blockchain technology. These are suitable for transferring your funds to external wallets or other platforms.
- On-chain transfers involve blockchain transaction fees and may require additional verification steps.
2. Internal Transfer:
- Internal transfers are designed for seamless and instant fund transfers between Toobit accounts. This method is ideal for quick transfers with no blockchain involvement.
- Internal transfers are free of transaction fees and can be executed through account email, phone number, or UID.
Note: Ensure that the entered recipient account belongs to a Toobit account. Entering non-platform accounts will result in the inability to initiate the transfer. Entering incorrect account information may lead to funds being transferred to someone else's account, causing potential asset loss. Please exercise caution.
No matter which method you choose, the withdrawal process is straightforward:
Step 1: Register/Login to Your Account
To get started, register or log in to your Toobit account.
Step 2: Access the Withdrawal Page
To access the withdrawal page, navigate to the "Assets" section at the bottom of the homepage and click on "Spot Account."
Step 3: View Assets or Use the Search Box
You can view your assets in the list or use the search box at the top to quickly find the asset you wish to withdraw.
Step 4: Provide Withdrawal Details
You have multiple options to provide withdrawal details:
- You can directly input the withdrawal address or long-press to paste it.
- Alternatively, click on the scan button next to the input box to scan and obtain the withdrawal address.
- Select the appropriate "Transfer Network."
- Input the withdrawal amount. Please note that if the withdrawal amount is below the minimum required, the withdrawal cannot be initiated.
Step 5: Important Reminders
Pay attention to the following reminders for a smooth withdrawal process:
- Check the 24-hour withdrawal limit displayed on the page to know your remaining withdrawal quota.
- Ensure not to send your assets to crowdfunding or ICO addresses to avoid asset loss.
- Withdrawal fees are determined by the blockchain network. During network congestion, the fees may increase. Refer to the page for specific details.
By following these steps and keeping the important reminders in mind, you can safely and efficiently withdraw funds on Toobit App. Happy trading!