Withdrawal - opBNB (2024)

To transfer your tokens from opBNB to BSC, you can use the opBNB bridge dApp(Testnet) or opBNB bridge dApp(Mainnet). Users who do not want to wait 7 days to claim their tokens can use a community bridge, but please note that community bridges may not be as secure as the official opBNB bridge.

Note that the default option is the community bridge. To use the opBNB bridge, switch to the “official bridge” tab.

Steps of withdrawal through official bridge

For users who choose the official opBNB bridge, you will need to wait for a challenge period of 7 days before you can claim your tokens on BSC. This challenge period is a security measure to prevent fraud and theft. The challenge period is necessary to ensure the security of the opBNB network and users. However, it can be inconvenient for users who need their tokens quickly. If you need your tokens immediately, you may want to consider using a community bridge instead. However, please be aware that community bridges may not be as secure as the official opBNB bridge. Do your research first.

Withdrawal - opBNB (1)

There are 2 steps after you submit your withdrawal request.

  1. Submit Proof: When you withdraw your tokens, they will be transferred from the opBNB network to the BSC network. After you submit the withdrawal request, your withdrawal status will change to Waiting for Proof, which indicates that the transaction is pending for the proof submission. You need to submit the proof manually.

  2. Claim Token: After you submit your proof, you need to wait until the transaction is ready to be collected after the challenge window, which is 7 days. The challenge window is a period of time during which anyone can challenge the validity of the transaction. If no one challenges the transaction, it will be finalized and you can collect your tokens on the BSC network.

Withdrawal - opBNB (2)

Third-party Bridges

There are also third-party bridges with shorter withdrawal time.

Withdrawal - opBNB (2024)

FAQs

Withdrawal - opBNB? ›

Withdrawing. Here is an example of transferring BNB from the opBNB network to BSC. Select "Withdraw" on the opBNB Bridge page, select BNB and enter the amount, then click "Withdraw" - "Initiate Withdrawal" - "Sign" to initiate the withdrawal. Please note that withdrawing requires three signatures in total.

How long does it take for a withdrawal to clear? ›

The precise duration of withdrawal is influenced by which substance someone used as well as the magnitude of their dependence on the substance. It may take days, weeks, and—in some cases—months to reach complete resolution of all withdrawal symptoms, depending on various factors and individual differences.

What is the 3 withdrawal rule? ›

The safe withdrawal rule is a classic in retirement planning. It maintains that you can live comfortably on your retirement savings if you withdraw 3% to 4% of the balance you had at retirement each year, adjusted for inflation.

What is the 4 withdrawal rule? ›

The 4% rule for retirement budgeting suggests that a retiree withdraw 4% of the balance in their retirement account(s) in the first year after retiring, and then withdraw the same dollar amount, adjusted for inflation, every year thereafter.

How to swap opBNB to BNB? ›

How to swap BNB to BNB
  1. Choose the exchange pair: opBNB (Optimistic Rollup) vs Binance Coin (BSC), in this case.
  2. Enter the address of the recipient to process the opBNB (Optimistic Rollup) - Binance Coin (BSC) transaction.
  3. Check the rate: how many BNB in Binance Coin (BSC) you'll receive.

How many days is the right of withdrawal? ›

The exercise of the right of withdrawal shall release the parties from their respective obligations. It follows that: consumers shall be required to return the goods within 14 days after the date upon which the trader was informed of the consumer's intention to withdraw.

How long does a processed withdrawal take? ›

A withdrawal request takes up to 2 working day to reflect in your bank account.

What is the golden rule for withdrawal? ›

The 4% rule is a popular retirement withdrawal strategy that suggests retirees can safely withdraw the amount equal to 4% of their savings during the year they retire and then adjust for inflation each subsequent year for 30 years.

What is the most serious form of withdrawal? ›

Delirium tremens is a severe, life-threatening form of withdrawal that can happen when a person with alcohol use disorder suddenly stops drinking.

What is the 2% rule for retirement? ›

The 2% rule for retirement represents the most conservative approach among the withdrawal rate strategies. This strategy suggests retirees withdraw only 2% of their total retirement corpus in the first year of retirement, with subsequent annual adjustments for inflation.

How long will $1 million last in retirement? ›

For example, if you have retirement savings of $1 million, the 4% rule says that you can safely withdraw $40,000 per year during the first year — increasing this number for inflation each subsequent year — without running out of money within the next 30 years. Of course, the 4% rule isn't perfect.

Can you retire with $600000? ›

It's possible to retire with $600,000 in savings with careful planning, but it's important to consider how long your money will last. Whether you can successfully retire with $600,000 can depend on a number of factors, including: Your desired retirement age. Estimated retirement budget.

Is 500000 enough to retire on? ›

Yes, it is possible to retire comfortably on $500k. This amount allows for an annual withdrawal of $30,000 and below from the age of 60 to 85, covering 25 years. If $20,000 a year, or $1,667 a month, meets your lifestyle needs, then $500k is enough for your retirement.

How do I withdraw from opBNB? ›

To withdraw tokens from opBNB back to BNB Smart Chain, simply go to the bridge, enter the amount to withdraw, and confirm the transaction. The bridge will transfer your tokens from the opBNB network back to the BNB Smart Chain testnet.

Is opBNB the same as BNB wallet? ›

The opBNB network is the Layer 2 scaling solution for the BNB Smart Chain powered by bedrock version of Optimism OP Stack. It works by offloading transaction processing and resource usage from the BNB Smart Chain, while still posting data to the underlying mainnet.

How to bridge from opBNB? ›

To transfer your tokens from opBNB to BSC, you can use the opBNB bridge dApp(Testnet) or opBNB bridge dApp(Mainnet). Users who do not want to wait 7 days to claim their tokens can use a community bridge, but please note that community bridges may not be as secure as the official opBNB bridge.

How long does withdrawal period last? ›

The duration of withdrawal bleeding can vary from person to person, but most often, it lasts between four and seven days.

Is a withdrawal bad on your record? ›

In this case, the class remains on your record and a notation of “W” (for Withdraw) is recorded on your transcript for that course in place of a grade. Note that a W is not considered a completed course grade.

How long does it take for side effects to go away after stopping medication? ›

Some people who suddenly stop taking their medicine experience symptoms such as anxiety, headache, flu-like symptoms, shock-like sensations down the arms or neck, and stomach distress. These symptoms may begin 24 hours after a medicine has been reduced or stopped and can last five to seven days.

What is one of the first signs of withdrawal? ›

Early symptoms of withdrawal include:
  • Agitation.
  • Anxiety.
  • Muscle aches.
  • Increased tearing.
  • Insomnia.
  • Runny nose.
  • Sweating.
  • Yawning.
Apr 30, 2022

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