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Status: Unreviewed

CSR Withdrawal Process

The CSR withdrawal process.

Prerequisites

RequirementStatus
Account verified and activeRequired
KYC completedRequired
CSR balance in walletRequired
No pending withdrawal requestsRequired
Destination wallet address readyRequired

Process

Step 1: Check Balance

The member navigates to Wallet in Corsair Connect and confirms available CSR balance.

Step 2: Initiate Withdrawal

The member selects Withdraw or Transfer, chooses CSR, enters the amount to withdraw, and provides the destination wallet address.

Step 3: Confirm Details

The member reviews the amount, verifies the wallet address, reviews applicable fees, and confirms the withdrawal request.

Step 4: Approval

The request is submitted for review. The approval process begins and the member is notified when processed.

Processing Timeline

StageTiming
Request submittedImmediate
Review queueDepends on volume
ApprovalPer approval chain
ExecutionAfter approval
Blockchain confirmationMinutes

Withdrawal Thresholds

AmountProcess
< 300,000 CSRStandard processing
≥ 300,000 CSRCEO approval required

See CSR Thresholds for details.

Critical Information

Wallet Address

PropertyDetail
Token typeCSR is an ERC-20 token
Compatible walletsEthereum-compatible only
Wrong addressPermanent loss — no recovery possible

Fees

FeeAmount
Processing fee250 CSR

See CSR Fees for details.

Limits

RuleDetail
Concurrent requestsOne pending withdrawal per member
New requestsWait for completion before submitting new request

Withdrawal Status

StatusMeaning
PendingAwaiting review
ApprovedApproved, awaiting execution
ProcessingBeing executed
CompletedSent to blockchain
FailedIssue occurred — contact support

Common Issues

IssueResolution
Withdrawal stuck in pendingCheck approval chain status; large amounts need CEO approval; contact support after 5+ days
Wrong address entered (not yet processed)Contact support immediately
Wrong address entered (already sent)Recovery unlikely