# Withdraw and Deposit

Fordefi facilitates exchange deposits and withdrawals with built-in policy enforcement and transaction validation.

## Withdrawals

Withdrawals, in this context, are transfers from an exchange to a Fordefi vault, another exchange, or an external address.

Most exchanges support enforcing a whitelist on all withdrawal addresses. If the configuration of your exchange account requires whitelisting, you must add any withdrawal addresses to the whitelist. This configuration must be done directly in the exchange, by logging in to your exchange account.

### Make a withdrawal

1. In the Fordefi web console, click **Exchanges**. From the list that is displayed, click the exchange vault you wish to withdraw from.
2. Click **Transfer** in the upper right corner of the screen.
3. 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  - **Amount**: Select either **Withdrawn** (gross, or before deduction of withdrawal fees) or **Received** (net, or after deduction of withdrawal fees).
4. Click **Preview** to see a summary of the transaction, to view any possible warnings, to review policy and approvers, and so on.
5. To proceed, click **Create Transaction**.


## Deposits

Deposits, in this context, are transfers from a Fordefi vault to an exchange.

### Make a deposit

1. In the Fordefi web console, click **Vaults** > **Vaults** and click the Fordefi vault you wish to transfer from.
2. Click **Transfer** in the upper right corner of the screen.
3. 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.
4. Click **Preview** to see a summary of the transaction, to view any possible warnings, to review policy and approvers and so on.
5. To proceed, click **Create Transaction**.