đź“—
ULTRADE Litepaper
đź’ˇUser Guide
  • Start Here
  • Platform Overview
    • What is ULTRADE
      • How ULTRADE Works
      • NEX Technology and Architecture
        • NEX Core Components
        • Component Interactions
        • NEX Tech Advantages
        • Crosschain Interoperability Messaging
        • Security
    • Supported Chains
    • Business Model
    • Trading Products
    • Liquidity Solutions
    • Product Roadmap
  • NATIVE EXCHANGE (NEX)
    • Deposits and Withdrawals
    • Trading Fees
  • Whitelabel System
    • Overview
    • Launching a whitelabel with ULTRADE
    • Whitelabel Customization
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  1. NATIVE EXCHANGE (NEX)

Deposits and Withdrawals

Depositing assets into ULTRADE is done as one simple native transaction on the blockchain of the deposited token. Deposits are credited based on the length of time it takes to reach finality on that specific blockchain. The table below provides the estimated deposit finality time in each chain. The gas cost for deposits is the typical transaction cost of the token’s specific chain.


Withdrawals from ULTRADE are instantaneous for all chains. Withdrawal gas costs are the typical transaction cost of the token’s specific chain.

Blockchain

Est. Deposit Time

Withdrawal Time

Est. Cost (Deposits and withdrawals)

Ethereum

5 - 10 min

Instant

$5 - $50 varies greatly based on gas prices

Polygon

~1 min

Instant

$0.1 - $1.0

BNB

~1 min

Instant

$0.1 - $1.0

Avalanche

Instant

Instant

$0.1 - $1.0

Solana

Instant

Instant

$0.1 - $1.0

Arbitrum

8 - 15 min

Instant

$0.1 - $1.0

Optimism

8 - 15 min

Instant

$0.1 - $1.0

Base

8 - 15 min

Instant

$0.1 - $1.0

Algorand

Instant

Instant

$0.1 - $1.0

Aptos

Instant

Instant

Sui

Instant

Instant

Near

Instant

Instant

Please note that instant withdrawal costs on Ethereum are high and can fluctuate drastically based on gas prices at time of withdrawal. We are working on an optional withdrawal solution that enables a delayed witdrawal at a much lower cost.

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Last updated 5 months ago