π’Deposits & Withdrawals
Deposit Process
Simply initiate a deposit from the trade panel, account dropdown, or the My Account screens.
The deposit amount will instantly be added to your Allocated Balance as soon as it is confirmed on the blockchain
Withdrawal Process
Vibe Tradingβs withdrawal process is designed to ensure security and transparency, and ensuring the safety of userβs assets.
Below, we outline the withdrawal processβ¦
Initiate Withdrawal: Users submit a withdrawal request from the trade panel, account dropdown, or the My Account screens.
Fraud-Proof Window: Upon receiving a withdrawal request, Vibe Trading activates a Fraud-Proof Window (12 hours). This time interval prevents fraudulent activities and double-spending.
Cancel Withdrawal: After a withdrawal request has been initiated, users may cancel their request at any time during the 12-hour window, and the funds will be allocated back into the trading accountβs βAllocated Balanceβ.
Multiple Withdraw Requests: If users make a second withdrawal request while one is currently active, the withdrawal requests are grouped and it will reset the withdrawal period to 12 hours.
Approve Withdrawal: After the Fraud-Proof Window (and a legitimate withdrawal request), the system approves the withdrawal. The user then should confirm the withdrawal themselves. Funds are then transferred back to the userβs wallet.
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