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How to Send Funds from your Vault
Updated over 2 weeks ago

Send Beta allows users of the Infinex Platform to transfer some amount or the entirety of a specific token previously deposited to an address on the same chain. It also introduces the option to send tokens to an address other than their initially set recovery address.

Steps to Send Funds

  1. In your Infinex account, select Vault then Send

    1. If you have not already, complete the email verification process. You may need to add an email if you have not already.

    2. If you have not already, add Two-Factor Authentication to your account.

  2. Click on To

  3. Select or Paste the address that you wish to Send to

  4. Select the token you would like to Send

  5. Enter the quantity of token you would like to Send

  6. Click Review, and review the details of your Send. Click Confirm Send if all details are correct. You may have to complete a TOTP Challenge.

  7. The Send transaction will be initiated and completed

Send FAQs

How does Send work?

Send Beta allows users of the Infinex Platform to transfer some amount or the entirety of a specific token previously deposited to an address on the same chain. For security purposes, you must set up a verified email in your account settings in order to use Send. It also introduces the option to send tokens to an address other than their initially set recovery address. You can only use Send with supported assets on supported networks.

Do I need to pay a gas fee to use Send?
No. Infinex covers all fees for Send.

Why do I need to verify my email and add two-factor authentication for Send?

In the interest of security, you are required to have a verified email on your Infinex account. This also allows you to opt into notifications regarding transactions on your Infinex as well as changes to your Infinex account.

Once I add an email to my account, can I change it?

Yes. You can change your verified email through settings.

Are there any limits to Send?

As Infinex covers your Send transfer fees, you can currently use Send 10 times on each supported network. There is no maximum limit to the amount you can transfer through Send, however, there is a $1 minimum per transaction.

Does Send support cross chain withdrawal?

No, users will need to send funds on the same chain the funds are currently on.

Can I use Send to transfer funds to Smart Contracts?

Yes. In order to use Send to transfer funds to Smart Contracts, enter the Smart Contract address and follow the flow provided. Ensure the smart contracts are deployed on the chain you are sending funds on.

Can I transfer NFTs with Send?

Yes. NFTs supported by Infinex can be transferred using Send.

Why do I need to enter a TOTP to confirm my transaction?
If you have an account balance of >$1000 and you are attempting to Send funds to an address other than your recovery address, you are required to enter a TOTP. This is in the interest of the security of your funds and your Infinex account.

Learn More

If you're interested in learning more about Authenticator apps and time-based one-time passwords (TOTPs), check out the resource below

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