How to Withdraw Crypto from Midas
Send cryptocurrency from your Midas wallet to an external address. Understand fees, limits, and security confirmations.
A withdrawal is the one action where a mistake is permanent, so Midas puts several checks in front of it: identity verification, a security factor, and, if you have enabled it, an address whitelist. Work through them deliberately. The network you pick here has to be one the receiving wallet supports, and the address has to be checked character by character, not glanced at.
Before you start
- Identity verification completed — withdrawals are gated on it.
- 2FA or a passkey, which the confirmation step requires.
- The destination address copied from the receiving wallet itself, and the network it expects.
Navigate to the Withdrawal Screen
Open the Wallets tab, select the asset you want to withdraw, and tap 'Withdraw'. Alternatively, go to Wallets > Withdraw directly. You must have completed KYC verification to make withdrawals.
Enter the Destination Address
Paste or type the external wallet address you want to send funds to. If you have saved addresses in your whitelist, select from the dropdown. Triple-check the address: cryptocurrency transactions are irreversible and sending to the wrong address means permanent loss of funds.
Select the Network and Enter Amount
Choose the blockchain network and enter the amount to withdraw. The screen displays the network fee, minimum withdrawal amount, and your daily remaining limit. Different networks have different fee structures, for example Tron (TRC-20) typically has lower fees than Ethereum (ERC-20) for USDT transfers.
Complete Security Verification
Withdrawals require security confirmation. You will be prompted for your 2FA code and may receive an email confirmation link depending on your security settings. For addresses not on your whitelist, a 24-hour security delay may apply as an additional protection against unauthorized withdrawals.
Track Your Withdrawal
After submitting, your withdrawal status appears in Wallets > History. Statuses include Processing, Pending (awaiting blockchain confirmation), and Completed. You will receive a push notification once the withdrawal is confirmed on the blockchain.
If something goes wrong
- The address is rejected as invalid.
- Usually the wrong network for that address format, or a truncated paste. Re-copy from the receiving wallet and check the network selector matches what that wallet expects.
- The withdrawal is pending far longer than usual.
- Large amounts and new addresses can attract a review, and whitelist additions have their own cooling-off period. Check the withdrawal's status detail before assuming it is stuck.
- The amount arriving is smaller than the amount sent.
- The network fee comes out of the transfer. It is shown before you confirm — on congested chains it can be a meaningful share of a small withdrawal, which is an argument for a cheaper network.
Frequently asked questions
- Can a withdrawal be cancelled?
- Only while it is still pending internal processing. Once broadcast to the network it is final — no exchange can reverse it.
- Why is my first withdrawal to a new address delayed?
- New destinations are treated more carefully than familiar ones, and whitelisting adds a deliberate wait. Both exist so a stolen session cannot become a drained account in the same hour.
- Which network should I withdraw on?
- The cheapest one the receiving wallet genuinely supports. Cheap is worthless if the destination cannot see the funds — confirm support on the receiving side first.