Withdrawing from an exchange safely: avoiding costly mistakes

Address and network

Confirm both the address and the correct network before withdrawing. Sending on the wrong network or to the wrong chain can be unrecoverable.

Test transfers

For large withdrawals, send a small test amount first and confirm it arrives before sending the rest.

Whitelists and 2FA

Use address whitelisting and app-based 2FA on your exchange. Beware phishing emails that mimic withdrawal confirmations to steal credentials.