Managing your digital assets effectively starts with secure withdrawal methods. Adding a trusted wallet address to your exchange account is a fundamental step for any cryptocurrency user. This guide provides a clear, step-by-step process to add a withdrawal wallet address, ensuring your funds are transferred safely and efficiently.
Before you begin, ensure you have set up two-factor authentication (2FA) for your account. This added security layer is essential for protecting your assets and enabling withdrawal functions. Additionally, for cryptocurrencies that require a tag or memo—such as XRP, EOS, XLM, and others—always include this information to avoid processing delays.
Step-by-Step Guide to Adding a Withdrawal Address
Step 1: Access the Address Book
Navigate to the Assets section of your account and select Withdraw. Choose the cryptocurrency for which you want to add a wallet address, then tap on Address Book from the withdrawal page.
Step 2: Initiate Adding a New Address
On the wallet management page, locate and tap the Add Address button at the bottom of the screen. Note that adding multiple addresses simultaneously (batch adding) is not currently supported via the mobile application.
Step 3: Enter Wallet Address Details
You will need to provide the following information to add a new withdrawal address:
- Asset: Select the supported cryptocurrency for this wallet address. If you enable the Save as Universal Wallet Address feature, this address can be used for all compatible coins on that specific network.
- Address: Enter your withdrawal wallet address accurately. Pay close attention to uppercase and lowercase characters, as many addresses are case-sensitive.
- Chain Type: Choose the correct chain type for your address. If unsure, verify this information with your destination wallet provider.
- Tag/Memo (Optional): Some blockchain networks require a tag or memo to direct funds to the correct account. Always check whether your chosen cryptocurrency needs this detail.
- Note: Add a brief note (20 characters maximum) to help you identify this wallet address easily in your address book.
- Address Verification (Optional): Enable the No verification needed for this address next time option if you wish to skip verification steps for this address during future withdrawal requests.
Once all details are filled in, tap Confirm to proceed.
To add an internal transfer account, simply enter the email address, mobile number, or UID of the destination account.
Step 4: Complete Verification Steps
If you haven’t already completed the necessary verification steps, do so now to add the address to your address book successfully.
Congratulations! Your wallet address has been added to your address book.
Important Security Considerations
If you have activated the New Address Withdrawal Lock security feature, withdrawals to newly saved addresses will be restricted for 24 hours, or until you disable this security function. This cool-down period helps prevent unauthorized withdrawals.
To modify existing addresses in your address book, simply tap Edit and update the information as needed. Regularly reviewing and managing your saved addresses is a key habit for maintaining account security.
👉 Explore secure withdrawal methods
Frequently Asked Questions
Why do I need to add a withdrawal wallet address?
Adding a trusted wallet address allows you to securely withdraw cryptocurrencies from your exchange account to an external wallet. It streamlines future withdrawals and reduces the risk of errors.
What happens if I enter the wrong wallet address?
Cryptocurrency transactions are irreversible. If you send funds to an incorrect address, they may be lost permanently. Always double-check the address, chain type, and memo before confirming any withdrawal.
Can I use the same address for different cryptocurrencies?
This depends on the network and the wallet. Some wallets support a universal address for all assets on a specific blockchain (like ERC-20 tokens on Ethereum). However, always confirm compatibility with your wallet provider before proceeding.
Is it safe to skip verification for future withdrawals on a saved address?
Skipping verification for a trusted address can be convenient, but it slightly increases risk if your account is compromised. Only use this option for addresses you own and use frequently.
What is a memo or tag, and when is it required?
A memo or tag is an additional identifier used by certain blockchain networks (e.g., for exchanges' pooled accounts) to credit funds to the correct user. It is mandatory for cryptocurrencies like XRP and XLM; omitting it can lead to lost funds.
How can I manage or delete a saved wallet address?
You can typically edit the note or delete the address entirely from your address book management page. This is useful for keeping your list organized and removing old or unused addresses.