Sharad Jaiswal
Product
3
min read
Mar 6, 2024
tanX is a game-changer for cryptocurrency traders: a decentralised exchange (DEX) that prioritises a seamless user experience. By leveraging the Scroll network, tanX boasts instant, gasless, trustless, and secure trading – a breath of fresh air for those tired of the limitations of traditional exchanges.
What is tanX?
tanX stands out from the crowd by providing a reliable, self-custodial, and high-performance liquidity solution for traders, institutions, and even other cryptocurrency exchanges.
tanX offers a compelling trading experience with minimal slippage, tight bid-ask spreads, zero gas fees, multi-network support, and features that cater to both individual and institutional investors through KYC compliance and order routing.
About Scroll Network
Scroll is a rising star in the world of blockchain scaling solutions. It utilises a technology called zero-knowledge proofs (zk-SNARKs) to achieve significant advancements over the Ethereum mainnet. These proofs allow Scroll to validate transactions without revealing sensitive details, resulting in:
Blazing-fast speeds: Transactions on Scroll are processed much quicker compared to Ethereum, enabling near-instantaneous trades and a smoother user experience.
Minimal fees: Scroll eliminates the need for gas fees, a major pain point for Ethereum users. This makes trading on Scroll significantly more cost-effective.
Enhanced security: While operating as a Layer 2 solution on top of Ethereum, Scroll inherits the security of the Ethereum blockchain itself. This ensures your funds remain safe while enjoying the benefits of faster transactions.
Withdrawing Funds to Scroll on tanX
Now that you're familiar with the advantages of using tanX, let's delve into the process of withdrawing funds to the Scroll network.
Log in to trade.tanx.fi, go to the Wallet section on the left side and click on Withdraw in the right corner of the screen.
Choose Scroll from the network list. If it is your first time withdrawing on tanX, a pop-up will appear guiding you through the process.
Choose the asset you wish to withdraw. Enter the amount you would like to withdraw. Click Withdraw. Reconfirm the transaction in another pop-up. Note: Once you confirm the transaction, you can’t cancel it.
The withdrawal has been initiated; please wait for the said duration. You will be notified once the withdrawal has been completed via the notification icon in the top right corner.
To check your withdrawal status, go to the History tab and check under Fast Withdrawals.
The Future of Trading with tanX and Scroll Network
The combination of tanX's innovation and Scroll’s scalability paves the way for a faster, cheaper, and more secure trading experience. With these powerful tools at your disposal, you can trade with confidence and enjoy the many benefits of decentralised finance.
Ready to experience the future of cryptocurrency trading? Sign up for tanX today and explore the possibilities of the Scroll network!
Get Started with trading on the world's leading insto DEX right away!