Remove liquidity (LP)
Last updated
Last updated
Ensure you have some MATIC in your wallet — you need to pay the gas fee to create LP tokens.
Connect your wallet to IDEX through one of the options.
Go to the “Liquidity” page using the navigation bar up top. Once you are on the Liquidity page select the LP pair you wish to redeem. Click on “Remove”.
On the next page first click “Approve (LP Token Name)” and approve it on your wallet.
Enter in the amount you wish to redeem and then select either “Withdraw to balance” or “Withdraw to wallet”. Lastly approve the transaction on your wallet.
Withdrawing to balance sends the funds back to your IDEX balance and you can trade them on IDEX with no further transactions necessary. Withdrawing to your wallet sends them back to your wallet outside of IDEX. This is useful if you wish to send the assets to another address.
Once your LP removal mines it requires 128 blocks before confirmation