GRVT’s withdrawal system ensures security by limiting withdrawals to pre-approved addresses. For businesses, pre-approving a withdrawal address triggers the account's multi-signature threshold.
For an Individual Account
Complete 2FA and sign with your SecureKey to add and approve an address in your address book in Settings > Address Book.
Once the withdrawal address is safely registered, you can proceed to withdraw funds.
Select the network and currency for withdrawal.
Specify withdrawal amount.
Funds will be transferred securely to your recipient’s address.
For a Business Account
Complete 2FA and sign with your SecureKey to add and approve an address in your address book in Settings > Address Book.
If there are multiple admins, a multi-signature threshold must be met before an address is added to the account's address book.
To withdraw to a pre-approved address, an user with
Funding Adminpermission orWithdrawalpermission in the funding account must initiate the withdrawal.
The following diagram shows your withdrawn funds moving from our Layer 2 GRVT chain to Layer 1, ensuring self-custody via smart contracts. Your updated balance will be reflected in the GRVT app.