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How to withdraw money from Stacks wallet

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2024-08-14 14:12:011100browse

How to withdraw money from Stacks wallet? Create a Stacks wallet. Transfer STX to Stacks wallet address. Activate Stacks wallet. Select a withdrawal option. Enter the withdrawal address. Enter the withdrawal amount. Confirm withdrawal and enter password. Wait for the transaction to complete.

How to withdraw money from Stacks wallet

How to withdraw money from Stacks wallet

Step 1: Create Stacks wallet

  • Download Stacks official wallet Hiro
  • Create a new wallet or import an existing wallet

Step 2: Transfer STX to Stacks Wallet

  • Transfer STX from an exchange or other wallet to your Stacks wallet address
  • Make sure to use the correct STX network for the transfer

Step 3: Activate Stacks Wallet

  • Upon first receipt of STX When you do, you will need to activate your wallet
  • Enter your mnemonic phrase or private key to verify your identity

Step 4: Select the withdrawal option

  • In the Stacks Wallet app, click on the "Withdraw" option

Step 5: Enter the withdrawal address

  • Select the address you want to withdraw STX to
  • It can be an external wallet address or an exchange address

Step 6: Enter the withdrawal amount

  • Enter the amount you want to withdraw Amount of STX

Step 7: Confirm the withdrawal

  • View the withdrawal details and confirm the transaction
  • You may be prompted to enter your password or security PIN

Step 8: Wait for the transaction to complete

  • The transaction will be submitted and broadcast to the Stacks network
  • Confirmation time may vary based on network congestion

Notes:

  • Withdrawals may be subject to network fees
  • Make sure the withdrawal address is correct as the wrong address will Resulting in loss of funds
  • Be sure to back up your wallet before making withdrawal transactions

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