Step-by-Step Guide on Free Internal Transfers

Cryptocurrency
First published
July 12, 2022
Last updated
July 12, 2022

Hodlnaut has just launched a feature to allow users to make free internal transfers. Users can now quickly transfer crypto to their friends & family for free within our platform, saving time and money!

Keen on trying out the new internal transfer function? Ahead, we will walk you through the steps needed to enable the new feature. 

1. Login to your Hodlnaut Account 

Head over to https://app.hodlnaut.com/ and log into your Hodlnaut Interest Account. 

2. Go to Deposit/Withdrawal Tab 

Click on the ‘Deposit/Withdrawal’ tab and scroll down to the withdrawal section. Select the coin you would like to withdraw. When making an internal transfer, select Destination as ‘Hodlnaut (Internal)’ and Network as ‘Hodlnaut (Internal)’.

3. Select the Purpose for your Withdrawal 

After selecting Network as ‘Hodlnaut (Internal)’, you will be prompted to select a purpose for your withdrawal. Scroll through the list and pick the most appropriate option. 

4. Add Saved Address

You may save the withdrawal address for future transactions. If you have previously enabled your Withdrawal Whitelist, you will not be able to withdraw funds until the address is added to your withdrawal list. Please note that you will have to wait for 48 hours before your new whitelisted address is approved by the system and you can then go ahead with your withdrawal. Learn more about our whitelisting security feature here.

And that’s it! These are the steps to follow to make an internal transfer within Hodlnaut. If you have any other questions, feel free to drop us an email at support@hodlnaut.com. We will respond as soon as we can.

Disclaimer: By using Hodlnaut, users expressly acknowledge and agree to the Terms of Use listed on our website at www.hodlnaut.com. This includes the relevant risk warnings applicable to you as a user of Hodlnaut's services, prior to/when carrying out Digital Payment Token (DPT) transactions. This article is for informational purposes only, and is not an offer nor a solicitation to invest in DPT, securities, funds, partnership interests or other investments or funding or purchasing loans. It is the user's sole responsibility to conduct due diligence and research extensively into each DPT and platform, and understand that the volatility and unpredictability of the price of DPT may result in significant loss over a short period of time. No information on Hodlnaut should be considered to be business, legal, financial or tax advice regarding the use of Hodlnaut. Users should consult their own legal, financial, tax or other professional advisors before using Hodlnaut. Please refer to our website at https://www.hodlnaut.com/tos for the full Terms of Use.

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