Withdraw and Deposit
Fordefi facilitates exchange deposits and withdrawals with built-in policy enforcement and transaction validation.
You can generate deposit addresses within Fordefi.
There is no need to whitelist any addresses.
Withdrawals
Withdrawls, in this context, are transfers from an exchange to a Fordefi vault.
You can withdraw assets from supported exchanges to any valid address. It is your responsibility to ensure that you are withdrawing from a supported exchange only.
Expected withdrawal fees: Be aware of a minimum withdrawal amount that may be set by the exchange. Also, decide whether withdrawal fees are net or gross. Select either Withdrawn (gross) or Received (net), as required.
Make a withdrawal
In the Fordefi web console, click Vaults > Exchange Vaults and click the exchange vault you wish to withdraw from.
Click Transfer in the upper right corner of the screen.
Provide details for the fields in the dialog that appears.
- Recipient: Select the receiving vault. There is no need to specify an address.
- Amount: Select either Withdrawn (gross, or before deduction of withdrawal fees) or Received (net, or after deduction of withdrawal fees).
Click Preview to see a summary of the transaction, to view any possible warnings, to review policy and approvers and so on.
To proceed, click Create Transaction.
Deposits
Deposits, in this context, are transfers from a Fordefi vault to an exchange.
Make a deposit
In the Fordefi web console, click Vaults > Vaults and click the Fordefi vault you wish to transfer from.
Click Transfer in the upper right corner of the screen.
Provide details for the fields in the dialog that appears.
- Origin: Select the vault to transfer from. There is no need to specify an address.
- Asset: Select the token.
- Recipient: Click Exchange Vaults, then select the receiving exchange.
- Amount: Specify an amount or click MAX to specify the full quantity currently available in the vault.
- Fee: Either select Low, Medium, or High (to let Fordefi set the fee); alternatively, click Set custom fee to specify custom values.
Click Preview to see a summary of the transaction, to view any possible warnings, to review policy and approvers and so on.
To proceed, click Create Transaction.