rhino.fi: Withdrawing Tokens

Withdrawing Tokens From rhino.fi.

You can withdraw tokens from rhino.fi back to their native chain.

Polygon Network, Arbitrum and BNB Chain:
Fast withdrawals - Unlimited liquidity for non-stablecoin tokens.
Fast withdrawals - Limited liquidity for USDC, USDT and DAI

Ethereum:
Fast withdrawals - Limited liquidity for all tokens
Regular/Slow withdrawals - Unlimited liquidity for all tokens

To see which withdrawal option is available for your token, go to the rhino.fi withdrawal widget

Withdrawals will default to the fast withdrawals if fast withdrawals are eligible for that selected token

You can change from 'fast' to 'regular' (if available) by clicking on the 'Advanced' link in the withdrawal widget

Fast Withdrawals

Fast withdrawals arrive your on-chain wallet almost instantly.

There is an unlimited amount of fast withdrawal liquidity for non-stablecoin tokens on Polygon, BNB Chain and Arbitrum

You can see the amounts of limited available fast withdrawal liquidity for tokens on the chains below buy looking at these smart contracts
Ethereum:
https://etherscan.io/address/0xaf8ae6955d07776ab690e565ba6fbc79b8de3a5d
Polygon:
https://polygonscan.com/address/0xBA4EEE20F434bC3908A0B18DA496348657133A7E
Arbitrum:
https://arbiscan.io/address/0x10417734001162ea139e8b044dfe28dbb8b28ad0#writeProxyContract
BNB Chain:
https://bscscan.com/address/0xb80a582fa430645a043bb4f6135321ee01005fef

Any limited fast withdrawal liquidity is replenished daily

Fee - The fee is floating and is based on the global gas prices on each chain. rhino.fi pays the gas on your behalf and a fee is taken from your rhino.fi account in the native token that you are withdrawing.

Regular Withdrawals Ethereum

Regular withdrawals are available for all Ethereum tokens on rhino.fi. This requires a two-step process.

1) Initiate the withdrawal and then wait 8-17 hours.
3) View the status of your regular withdraw in your rhino.fi history section
2) Make the final on-chain transaction to send the tokens back to your Ethereum mainnet wallet.

Pending - Until your withdrawal is ready for you to send back to your on-chain/Layer-1 wallet, the withdrawal will display as 'Pending' in your Portfolio section.

Ready To send - When your withdrawal is ready to send back to your on-chain wallet, you will see a notification in the token page in your Rhino.Fi account. For example, the status of a regular withdrawal for USDC can be seen here https://app.rhino.fi/token/USDC

Cancel - You can cancel the withdrawal in the Portfolio section until the point where it has been processed and is ready to send back to your on-chain wallet.

Fee - There is no fee charged by rhino.fi, but you pay the ETH gas at the end of the withdrawal process (when you make the final TX to send back to your Layer-1 wallet).

Top Tip - always make sure that you have at least 0.02 ETH in your on-chain wallet, otherwise MetaMask may quote you an erroneously high gas fee or give you an 'out of gas error' even though the final cost of the transaction will likely be much lower (depending on global gas prices).

Updated on: 28/11/2022