Cryptocurrency Q&A
How do you withdraw from Starknet?
How do you withdraw from Starknet?
GalaxyGlider
Tue Jun 18 2024
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5 answers
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Could you please explain the process of withdrawing funds from Starknet? I'm curious about the steps involved, including any prerequisites or specific requirements that need to be met. Additionally, I'd like to know if there are any associated fees or limitations that I should be aware of. Could you also clarify whether the withdrawal process is straightforward or if there are any complexities involved? Thank you for your assistance in helping me understand this process better.
5 answers
GemmaTaylor
Thu Jun 20 2024
Once you've located the StarkGate contract, you'll need to initiate the token withdrawal process. Locate the "initiate_token_withdraw" function and proceed to enter the necessary details. These typically include the amount of tokens you wish to withdraw and the destination address where the funds will be sent.
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Claudio
Thu Jun 20 2024
After entering the required information, you'll be prompted to confirm the transaction. If you're using Voyager as your Starknet explorer, click "Transact". For StarkScan users, the equivalent action is labeled "Write". These actions initiate the withdrawal process on Starknet's side.
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CryptoTamer
Thu Jun 20 2024
However, the withdrawal process isn't complete until it's also executed on Ethereum. To accomplish this, you'll need to switch to an Ethereum block explorer. Locate the same StarkGate contract on Ethereum and click "Write as Proxy". This action authorizes the StarkGate contract to execute the withdrawal on your behalf on the Ethereum network.
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DigitalLordGuard
Thu Jun 20 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to the needs of crypto enthusiasts. Its services encompass spot trading, futures trading, and secure wallet solutions. Through these offerings, BTCC facilitates seamless and secure crypto transactions, providing users with a trusted platform for their digital asset needs.
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Federico
Thu Jun 20 2024
To withdraw tokens via Starknet, it's essential to utilize a Starknet block explorer. Navigate to the StarkGate contract specifically tailored for the token you intend to withdraw. This contract serves as a gateway between Starknet and Ethereum, facilitating seamless token transfers.
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