Introduction
When you store your crypto in Guarda Wallet, eventually you will need to send those funds—perhaps to an exchange, to another wallet, or even to cash out the money. Learning how to withdraw from Guarda Wallet is not difficult, but if you are new, it may appear a bit tricky. Don’t worry. In this tutorial today, I’m going to take you through withdrawals, what to be aware of, and how to avoid doing anything incorrectly.
What Is “Withdraw From Guarda Wallet”?
A withdrawal from Guarda simply means sending your crypto money out of the wallet. Since Guarda is a non-custodial wallet, you have the private keys and control of the transactions solely. Your crypto never escapes your control unlike centralized exchanges other than when you deliberately send it out.
Withdrawing can mean:
- Sending Bitcoin or any other token to a different wallet.
- Sending assets to an exchange like Binance or Coinbase to trade.
- Sending money to a hardware wallet for extra security.
- Cashout using third-party services that support fiat exchange.
Step-by-Step Guide to Withdraw From Guarda Wallet
1. Log in to the Guarda App or Web Wallet
Log in to your Guarda Wallet through the web app, desktop app, or mobile application. Make sure you are on the official site or trusted application to avoid phishing.
2. Choose the Asset You’re Withdrawing
Visit your dashboard and select the crypto you desire to withdraw. Each coin has its own block, so it slightly varies if you’re withdrawing with Bitcoin, Ethereum, or any ERC-20 token.
3. Click “Send”
On the asset page you’ve selected, click the Send button. This is the option used for withdrawals.
4. Enter the Recipient Address
Copy and paste the receiving exchange or wallet address. Double check it sending it to the wrong one will lead to irreversible loss.
💡 Pro Tip: Always send a test transaction first before sending a lot.
5. Set the Amount
Enter how much crypto you are withdrawing. Guarda will show you the balance and enable you to choose whether you want to send all or part of it.
6. Adjust Network Fee
Every withdrawal costs a blockchain fee. Guarda will calculate it automatically, but you can also adjust it manually (higher fee = quicker transaction, lower fee = slower).
7. Confirm and Send
Make sure everything is correct, especially the receiving address and amount. When approved, click Send. Your withdrawal will be sent to the blockchain network.
How Long Do Withdrawals Take From Guarda Wallet?
- Bitcoin withdrawals: 10–60 minutes (depending on network load).
- Ethereum/USDT/ERC-20 tokens: A couple of minutes if gas price is set appropriately.
- Other blockchains (LTC, XRP, ADA, etc.): Extremely fast, but there is a lag with congestions in the network.
Most Common Issues Withdrawal from Guarda Wallet
- Incorrect Address Format
Each blockchain has a different address format. Addresses of BTC, for example, will not take ETH. Verify twice before sending.
- Low Gas Fees
If you set the fee too low, your transaction cannot exit the “pending” state. You may need to increase the fee or wait for the network to move.
- Exchange-Specific Requirements
During withdrawal to an exchange, some of them necessitate additional information (e.g., a memo/tag for XRP or XLM). Leaving this out will cause the process to slow down.
- Network Congestion
Periodically, the blockchain becomes congested. Even when you’ve got everything set up just right, withdrawals may take several hours to be processed.
How To Be Safe When Withdrawing
- Always copy-paste addresses never manually type them.
- Steer clear of withdrawal to third-party services that you are unfamiliar with.
- Enable 2FA on your Guarda Wallet account in order to provide an extra layer of security.
- Backup your seed phrase in the event that you would need to restore your wallet.
Conclusion
It’s easy to withdraw from Guarda Wallet once you know the trick. You just go to the wallet, choose your cryptocurrency, click Send, enter the right address, and confirm your cash is gone.
A withdrawal from a Guarda Wallet can’t be a nightmare if you double-check details, use the right blockchain, and pay reasonable fees.
👉 Do not wish to get burned and learn more about how to secure your withdrawals? Check out our in-depth guide to crypto withdrawal troubles so that your money always reaches securely.
💡 Final Tip: Always begin little by little. Send a little test withdrawal before transferring your entire balance. It is the method to stay safe and not get burned on large losses.