Sending funds from a centralized exchange to a smart wallet

As long as your centralized exchange (e.g. Binance, Coinbase, Bybit, MEXC) supports the networks supported by Timeless X, you can send funds to your Timeless X smart account.

1. Open Timeless X, then tap on the small profile icon at the top right corner of the screen.

2. On the pop-up, make sure Linea is selected under β€œYour Account”.

3. Tap on your smart account (the one with the AA label).

4. Tap the 3-dots at the top right corner of your wallet’s profile picture, then select Copy Address.

5. Navigate to your centralized exchange's Withdraw page:

a. Choose the asset you want to send to your Timeless X smart account b. Paste the Timeless X address you copied c. Choose a supported network (You're advised to send funds on a Layer2 network since your smart contract transactions will be cheaper) d. Enter the amount and complete the withdrawal process

NOTES

Make sure you do not send funds directly from your Timeless X smart account to your centralized exchange address. The Timeless X smart account operates primarily as a smart contract, and any transfers to a centralized exchange are recognized as smart contract deposits. Currently, centralized exchanges do not support these types of deposits, which means your funds will not be credited to your exchange account. To withdraw funds from your AA smart wallet, you should first transfer them to your regular wallet within Timeless X. Subsequently, you can send them from this regular wallet to your exchange address. Follow steps 1-4 to locate your regular wallet's address. If you have already sent funds from your Timeless X smart account to a centralized exchange and encountered issues, please refer to this link for assistance in resolving the matter.

Please avoid transferring funds using the Ethereum network. Being fundamentally a smart contract account, each interaction with your Timeless X smart account constitutes a smart contract request. This type of transaction incurs considerably higher gas fees on the Ethereum network when compared to those on a Layer 2 network. High gas fees are a result of the more complex and resource-intensive processes required for executing smart contract requests on the Ethereum blockchain. Therefore, for more cost-efficient transactions, consider using an L2 network, which is designed to offer lower fees and faster processing times.

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