Deposit and Withdrawal Guidance

Users can easily deposit & withdraw funds on SoDEX by using Regular Mode and Flash Mode.

  1. Regular Mode: This method facilitates multi-chain, multi-token transfers and is managed by the Mirror Protocol (an independent third-party.) Regular Mode essentially acts as a secure mapping service, efficiently handling the ingress and egress of your assets on the SoDEX platform.

  2. Flash Mode: For users prioritizing speed, Flash Mode utilizes a dedicated cross-chain bridge to accelerate transactions. This allows for near-instantaneous deposits from the Base chain directly into your SoDEX Spot account and equally rapid withdrawals back to the Base chain. Flash Mode is currently enabled for a select subset of assets (MAG7.ssi, sMAG7.ssi, and SOSO).

Institutional Security Screening

To ensure the financial health, security, and integrity of funds flowing through the platform, every deposit & withdrawal is subject to a automatic security check at the appropriate stage:

Type

Security Screening

Purpose

Deposit

KYT (Know Your Transaction)

Check on the source of funds to detect and prevent transactions linked to illicit or high-risk activities (e.g., money laundering, sanction evasion).

Withdrawal

KYA (Know Your Address)

Check on the destination wallet address to ensure the funds are not being transferred to high-risk entities or known sanctioned addresses.

This two-pronged approach guarantees that SoDEX maintains the highest standard of regulatory compliance and asset security for all institutional users.

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