Cryptocurrency Q&A
How do I withdraw from velodrome?
How do I withdraw from velodrome?
Giulia
Sat Sep 21 2024
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7 answers
1716
Excuse me, could you please elaborate on the process of withdrawing funds from Velodrome? I'm a bit confused about the steps I need to take to successfully move my assets out of the platform. Could you guide me through the withdrawal process, including any potential fees or verification requirements that I might need to be aware of? Additionally, is there a specific timeline for withdrawals to be processed, or is it a more immediate process? I would greatly appreciate any clarification you could provide.
7 answers
ZenMind
Mon Sep 23 2024
With the wallet successfully connected, users should navigate to the Dashboard page within the Velodrome app. This page provides an overview of the user's current cryptocurrency holdings and offers various options for managing them.
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Federico
Mon Sep 23 2024
On the Dashboard page, users should select the "Unstake" option. This action initiates the process of unlocking the user's staked cryptocurrency, making it available for transfer or trading.
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Sara
Mon Sep 23 2024
To begin the unstaking process, users must first open the Velodrome application on their devices. This is a crucial step as it provides access to all the necessary tools and functionalities for managing cryptocurrency assets.
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CosmicWave
Mon Sep 23 2024
Before confirming the unstaking process, users must ensure that the slider is set to 100%. This indicates that the user intends to unstake the entire amount of cryptocurrency that is currently staked.
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CoinMasterMind
Mon Sep 23 2024
With the slider set to 100%, users can proceed to select the "Unstake" button. This action initiates the unstaking process and generates a transaction request that must be confirmed in the user's digital wallet.
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