Timeless X
  • 💫Meet Timeless X
  • ⏬Download Timeless X
  • ⏩Follow on X
  • ⏩Join Timeless Frens
  • 🌟Manage Your Wallet
    • Create a new wallet
    • Import a wallet
    • Backup your wallet
    • Fund your wallet
    • Purchase funds (Onramp)
    • Manage networks
    • Add a custom token
  • 💌Send and Receive
    • Claim a free web3 username
    • Send crypto to another wallet
    • Send assets via link
  • 🔐Security
    • Enable & disable passcode
    • Delete all the data
  • 🔘Other
    • Connect to dApps
    • Connecting to a dApp with WalletConnect URL
    • Migrating from Timeless Wallet to Timeless X
  • 💡Smart Wallet
    • Manage your smart wallet
    • Fund your smart wallet
    • Send funds from smart wallet
    • Smart Wallet FAQ
      • Did you send funds to a centralized exchange from your smart wallet?
      • Where is the private key for smart wallet?
      • Why do I pay high gas fees for smart wallet transactions?
      • How can I disable a smart wallet?
    • Account Abstraction 101
      • 🔤Glossary
      • What is an account?
      • What is Externally Owned Account (EOA)?
      • What is Smart Contract Account (SCA)?
      • What is UserOperation?
      • What is Bundler?
      • What is EntryPoint?
      • What is Aggregator?
      • What is Paymaster?
      • What is ERC-4337?
      • What is EIP-1271?
      • What is ERC-6900?
  • 🔆Browser Extension
    • Getting Started w/ Timeless Extension
      • Create a smart wallet
      • Explore web3 your way
      • Chat via Telegram
      • Stay social with Farcaster
  • 🎯Campaigns
    • 🔆Timeless Points (TXP)
      • Earning TXPs
        • Earning TXPs via in-app activities
        • Earning TXPs via daily check-ins
        • Earning retroactive TXPs
    • 🎟️Genesis Pass
      • Genesis - Arecibo (Linea)
    • 🎡Linea Park Guide
      • Create a new wallet
      • Fund your wallet
      • Add a wallet to your Layer3 account
      • Verify a Layer3 task with an additional wallet
      • Mint a Lucky Cat NFT (20 LXP)
      • Mint a ticket for Lucky Cat Draw (20 LXP)
      • Send a ticket NFT via link
      • Send funds to another address
      • 🔘Linea Park FAQ
        • What is the Lucky Cat?
        • Bind your wallet to Linea Activations page
        • Connect to Layer3 via WalletConnect
    • 🥁The Call of Taiko
      • 1️⃣Download Timeless X
      • 2️⃣Create a new wallet
      • 3️⃣Change the network to Holesky & Taiko Hekla
      • 4️⃣Link Timeless X to Galxe as a secondary wallet
      • 5️⃣Bridge ETH from Holesky to Taiko Hekla
      • 6️⃣Swap on Hekla Testnet
      • 🚰Claim ETH from alternative Holesky faucets
      • 🎯Call of Taiko FAQ
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  1. Smart Wallet

Send funds from smart wallet

PreviousFund your smart walletNextSmart Wallet FAQ

Last updated 10 months ago

  1. Open Timeless X, then tap 'Send' button.

  2. Paste the ERC-20 address on the TO field or choose the Metamask wallet you have connected as the destination address.

  1. Check the network (e.g. it's Linea in our example), then choose the asset you want to withdraw.

  2. Enter the amount you want to withdraw

When you enter the full amount, gas estimation might get stuck. As a temporary measure, enter the amount less than what you have on your account. For instance, we have 0.013 ETH on our account, but we've entered 0.012 ETH.

  1. Tap 'Approve Tx' button

  2. Wait till you see the 'You're all set!' screen.

Higher gas fees when withdrawing funds from a smart wallet

Interacting with a smart wallet for the first time triggers a deployment process, which is essential for enabling the smart contract wallet's functions. For instance, executing a one-click swap on a decentralized exchange (DEX) incurs initial deployment fees, increasing the gas costs associated with the transaction.

Wallet providers like Timeless X does not have any control over the gas fees associated with the smart wallets.

Furthermore, smart contract operations are inherently more complex than basic token transfers. This complexity arises from the sophisticated interactions and computational demands of executing smart contract logic, contributing to increased gas fees. These additional costs reflect the resource-intensive nature of securely facilitating advanced features and functionalities within the blockchain network.

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