Withdrawing from your account
You can withdraw to your connected wallet at any time.
To withdraw funds:
THIS MAY NOT APPLY TO US - JASON
There are two types of withdrawals: Fast Withdrawals and Slow Withdrawals.
Fast Withdrawals
Fast withdrawals utilize a withdrawal liquidity provider to send funds immediately and do not require users to wait for a Layer 2 block to be mined. Users do not need to send any Transactions to perform a fast withdrawal. Behind the scenes, the withdrawal liquidity provider will immediately send a transaction to Ethereum which, once mined, will send the user their funds. Users must pay a gas fee to the liquidity provider for fast withdrawals equal to the gas fee that the provider must pay.
Slow Withdrawals
Slow withdrawals do not use a liquidity provider to speed the withdrawal process, and so must wait for a Layer 2 block to be mined before they are processed. Layer 2 blocks are mined roughly once every 10 hours, though this could be more or less frequent (up to 20 hours) based on network conditions. Slow withdrawals occur in two steps: first the user requests a slow withdrawal, then once the next Layer 2 block is mined the user must send a Layer 1 Ethereum transaction to claim their funds.
The withdrawal address is automatically pre-populated based on the address that you have previously whitelisted and signed in with.
THIS MAY NOT APPLY TO US - JASON
There are two types of withdrawals: Fast Withdrawals and Slow Withdrawals.
Fast Withdrawals
Fast withdrawals utilize a withdrawal liquidity provider to send funds immediately and do not require users to wait for a Layer 2 block to be mined. Users do not need to send any Transactions to perform a fast withdrawal. Behind the scenes, the withdrawal liquidity provider will immediately send a transaction to Ethereum which, once mined, will send the user their funds. Users must pay a gas fee to the liquidity provider for fast withdrawals equal to the gas fee that the provider must pay.
Slow Withdrawals
Slow withdrawals do not use a liquidity provider to speed the withdrawal process, and so must wait for a Layer 2 block to be mined before they are processed. Layer 2 blocks are mined roughly once every 10 hours, though this could be more or less frequent (up to 20 hours) based on network conditions. Slow withdrawals occur in two steps: first the user requests a slow withdrawal, then once the next Layer 2 block is mined the user must send a Layer 1 Ethereum transaction to claim their funds.
The withdrawal address is automatically pre-populated based on the address that you have previously whitelisted and signed in with.
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