Hero Image Placeholder Deposits and Withdrawals form the foundation of your TAO.BOT experience—letting you turn ETH or USDC into on-site TAO for trading and staking, then withdraw TAO back to your Ethereum wallet as ETH or USDC when you’re done. Below, we explain how both processes work through the Portfolio page (or the Bridge section) without diving into behind-the-scenes bridging mechanics.

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Depositing Funds (Converting to On-Site TAO)

To start trading or staking on TAO.BOT, you’ll want to hold on-site TAO. You can deposit ETH or USDC using either the dedicated Bridge panel or the Deposit button in your Portfolio.
  1. Connect Your Ethereum Wallet
    • Ensure you’re on the correct network (Ethereum Mainnet).
    • Confirm you have enough ETH for gas fees.
  2. Open the Deposit Dialog
    • From Portfolio, click Deposit, or navigate to the Bridge section of the site.
    • By default, the top dropdown will show ETH or USDC as your source currency; the bottom shows TAO (since that’s what you’ll get on-site).
  3. Enter Amount & Confirm
    • Input how much ETH/USDC you want to convert.
    • Approve the transaction in your wallet.
    • Watch real-time status updates (typically 30 seconds to 15 minutes).
  4. Check Your On-Site TAO Balance
    • Once the deposit completes, your TAO balance is immediately updated in your Portfolio.
    • You can now use TAO to trade, stake, or hold on the site.
(Optional) You may view additional details or bridging progress in the Bridge section, but it’s not mandatory to finalize your deposit.

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Withdrawing Funds (Converting TAO to ETH or USDC)

When you’re ready to exit TAO.BOT or take profits:
  1. Go to Portfolio → Withdraw
    • Ensure you have free (unstaked) TAO available. If your TAO is staked, you must unstake first to make it withdrawable.
  2. Select Withdrawal Currency
    • The top dropdown is locked to TAO.
    • In the bottom dropdown, choose ETH or USDC to receive in your external wallet.
  3. Confirm & Monitor
    • Approve the transaction in your wallet.
    • Similar bridging timelines (30 seconds to 15 minutes) may apply.
    • Fees vary based on network gas prices and any bridging costs.
  4. Funds in Your Wallet
    • Once complete, you’ll see ETH or USDC in your connected wallet.
    • The corresponding TAO is deducted from your on-site balance.

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Important Notes

  • No Subnet Token Withdrawals: Currently, you cannot withdraw subnetwork tokens as ERC20 tokens; only TAO is withdrawable, which can be converted to ETH/USDC on Ethereum.
  • Staked vs. Unstaked TAO: Staked TAO must be unstaked before withdrawal. There is no liquid staking at launch.
  • No Cross-Chain Visibility (In Swap Menus): You won’t see ETH tokens in the swap interface—TAO is the main on-site currency for trades.
  • Bridging Times & Fees: Transactions typically take 30 seconds to 15 minutes. Gas fees apply.

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Troubleshooting & FAQ

  • Transaction Delays:
    • Check your wallet for pending transactions or your network status on Etherscan.
    • Ensure you have enough ETH to cover gas.
  • Not Enough Funds:
    • Double-check your deposit or bridging amounts; some tokens require approvals or a second confirmation step.
  • Need More Help?

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Conclusion

Deposits and withdrawals on TAO.BOT are straightforward: deposit ETH or USDC to get on-site TAO for trading or staking, and withdraw TAO back into ETH/USDC whenever you want to leave. By focusing on a single in-platform currency (TAO), we simplify multi-chain complexity so you can enjoy seamless AI-driven DeFi on Bittensor. If you have any questions, reach out—our team is here to help!