Lido finance – Detailed steps to stETH and wstETH Withdrawal
Staking has become a major attraction point in the eyes of traders in the crypto industry. And the best
place to execute this crypto staking is Lido Finance. On this platform, you can explore all the amazing
features related to crypto staking. There are not many platforms available, that prioritize crypto staking,
but this platform is an exception. As per the data, this platform is the one-stop solution for crypto
staking for all ETH stakers.
The guide here has some interesting facts, especially for the staking lovers. It will only take up your few
minutes, so do read our content below for the answers.
Steps to unstake stETH and wstETH
The platform has a native method, that stakers need to follow if they want to withdraw their ETH. The
said method is available for the usage of both wstETH and stETH holders. Below is the detailed guide for
unstaking the stETH and wstETH on Lido Finance.
1. Visit the official un-staking page of Lido and connect it with your wallet.
2. From the given options select stETH or the wstETH option.
3. In the text field, write down the amount of withdrawal.
4. Click the Request Withdrawal button.
5. Confirm your withdrawal.
6. You can now view the minted NFT for your confirmation of the transaction.
The full process might take at least one to five days and you will have to maintain a little patience. Also,
Lido Finance will automatically convert your wstETH to stETH and then move further with the process.
How to claim ETH?
Here are the steps you need to execute if you want to claim your ETH after the withdrawal steps. Now, finalize your withdrawal by the process below:
1. Open the withdrawal claim page of Lido.
2. Out of all the available requests in the list, select any one or all.
3. Tap the Claim button.
4. Confirm the transaction with the help of your wallet.
5. Once you provide the confirmation, you can view the claimed ETH in your wallet balance.
There are other alternatives as well in the market, you can use them if you do want to go with the above
method of Lido Finance. For this, you might have to research a bit, but we assure you that you will find
an alternative to it easily. You can even take a look at the official website and see if there is any blog,
related to it or not.
Concluding Thoughts!
At last, our blog of Lido Finance came to an end. The withdrawal process is the piece of cake here, we
are sure that with our guidance, you can pull it off easily. And even if you have doubts related to it, you
have a support system to help you out. Don’t you worry, the support system is quite responsive and it
will surely help you whenever you need it. So, don’t think much about it and begin your crypto staking.
