CEX Withdrawals on Router Nitro are Live
Withdrawing funds from CEX just got a major upgrade.
A few weeks ago, we broke down how Router Pay simplifies CEX withdrawals — eliminating manual bridging and token swaps. Now, we’re taking it to the next level: introducing the CEX Withdrawals Page on Router Nitro!
Get Started: https://routernitro.com/withdrawals
The Problem: Fragmented Withdrawals
As we highlighted in our previous article, Router Pay is designed to simplify crypto transactions, and CEX withdrawals are no exception. Traditionally, users trying to move funds from centralized exchanges (CEXes) to DeFi platforms have faced numerous challenges. Since most CEXes support only a limited number of withdrawal networks, users had to:
- Withdraw funds to an established blockchain (such as Ethereum, BNB Chain, or Polygon), which is supported by their CEX.
- Use a bridging service to move funds from that chain to their desired destination chain.
This two-step process not only introduced extra costs in the form of withdrawal and bridge fees but also created unnecessary friction for users who wanted to access assets on newer chains quickly. Moreover, some assets may not be withdrawable on the same chain, further complicating the process and requiring additional swaps.
The Solution: One-step Withdrawals via Router Nitro
With the launch of our CEX withdrawal page, this problem is now a thing of the past. Users can now withdraw funds in a single step by specifying the exchange from which to withdraw the funds and the final chain where they want to receive their funds. Nitro will automatically handle the intermediary steps, routing the withdrawal efficiently to the destination chain of user’s choice.
For instance, instead of withdrawing USDC from Binance to an intermediate chain like Arbitrum or Polygon before bridging to a newer chain, users can now withdraw directly to the desired chain without extra steps or fees. Router Pay’s instruction-specific address (ISA) system ensures that funds are automatically processed and routed to the correct chain, eliminating the need for manual bridging or token swaps.
Why This Matters
Better UX
No more manual bridging or multiple transactions — just select your destination chain and receive funds directly.
Cost Efficiency
By eliminating the need for intermediate transactions, users save on fees and avoid potential slippage.
Expanded Chain Support
Nitro’s extensive support for over 50 chains ensures users can withdraw to networks that were previously inaccessible via CEXes.
How to Withdraw Funds Using the Router Nitro CEX Withdrawal Page
Our newly launched withdrawal page features an intuitive UI that guides users through the process seamlessly. Follow these steps to withdraw funds from a CEX directly to your desired chain:
Step 1: Select Your CEX
- Begin by selecting your centralized exchange from the available options, such as Binance, Bybit, OKX, and others.
Step 2: Choose the Token and Amount
- Select the token you wish to withdraw (e.g., USDC, ETH, or USDT).
- Enter the amount you want to withdraw.
Step 3: Select the Destination Chain
- Choose the chain where you want to receive your funds. With support for 50+ chains, Nitro ensures you can withdraw to even the latest networks that are typically unsupported by CEXes.
Step 4: Provide the Recipient and Refund Addresses
- Recipient Address: Specify the wallet address where you want to receive the funds.
- Refund Address: In case the transaction is reverted, this is the fallback address where the funds will be returned.
Step 5: Confirm and Execute the Withdrawal
- Review your selections carefully and send the funds to the deposit address shared with you or Scan the QR code.
- Once confirmed, Router Nitro will handle the rest, ensuring seamless and cost-efficient routing of your funds.
Ready to experience effortless CEX withdrawals? Head to the CEX Withdrawals Page on Router Nitro and start withdrawing the easy way!
