Withdrawal
StandX introduces an innovative dual-validation withdrawal system that combines off-chain efficiency with on-chain security. Unlike traditional CEX withdrawals that rely solely on centralized processing, our hybrid approach ensures your assets remain verifiable on-chain while benefiting from fast execution.
How Withdrawals Work
- Transfer to Cash Wallet – Before withdrawing, ensure the desired amount is in your Cash Wallet. If your funds are in the Perps Wallet, transfer them first.
- Initiate On-Chain Request – Submit a withdrawal request on your preferred chain (Solana or BSC). This creates a Withdrawal Slot on-chain.
- Processing – StandX continuously monitors withdrawal slots and processes valid requests automatically.
Important: Ensure your Cash Wallet has sufficient balance throughout the withdrawal process.
FAQ
What happens if I create multiple withdrawal requests?
Requests exceeding your Cash Wallet balance will fail. Only requests within your available balance are processed.
My withdrawal failed due to duplicate requests. What should I do?
Click Free Slot to release the failed withdrawal slot. This does not affect your funds—it simply closes the slot so you can reuse it for a new request.