Wallet authorizations and gas fees
Learn what you authorize during a Zedkr Cash transaction and which gas costs Zedkr covers.
Zedkr Support
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Zedkr Cash uses your Para wallet to authorize the blockchain actions required for a cash-out.
Although the cash-out may require multiple blockchain actions, Zedkr Cash presents them through one guided confirmation process. Zedkr covers the required gas costs, so you do not need to hold additional ETH or another native asset in your Para wallet for cash-out gas.
What is a wallet authorization?
A wallet authorization gives permission for a specific blockchain action to take place.
Depending on the asset and route, a Zedkr Cash transaction may require authorization to:
These actions cannot begin until you approve the transaction through your Para wallet.
Depending on the asset and route, a Zedkr Cash transaction may require authorization to:
- Use the asset selected for the cash-out
- Convert the asset through Uniswap
- Route the conversion output through Relay
- Deposit Base USDC into Peer’s non-custodial escrow
These actions cannot begin until you approve the transaction through your Para wallet.
How do I authorize a cash-out?
To authorize a cash-out:
Zedkr Cash then begins the conversion, routing and Peer deposit process.
- Select your payout app.
- Enter and verify your payout details.
- Select your payout currency.
- Choose the asset and amount you want to sell.
- Wait for Zedkr Cash to prepare the quote.
- Review the payout, fees, rate and estimated time.
- Use Slide to confirm.
- Complete the required Para wallet authorization.
Zedkr Cash then begins the conversion, routing and Peer deposit process.
Are there multiple transactions to approve?
Multiple blockchain actions may be required to complete the cash-out.
Zedkr Cash groups the required actions into one guided process so you do not need to arrange the Uniswap conversion, Relay routing and Peer deposit separately.
The exact authorizations may vary depending on the asset and route used for the transaction.
Zedkr Cash groups the required actions into one guided process so you do not need to arrange the Uniswap conversion, Relay routing and Peer deposit separately.
The exact authorizations may vary depending on the asset and route used for the transaction.
What should I review before authorizing?
Before using Slide to confirm, check:
Do not authorize the transaction if the payout details, amount, currency or expected payout are incorrect.
Quotes reflect live market conditions. The fiat payout remains approximate until a buyer fills the order.
- Asset and amount being sold
- Total fees
- Net USDC deposited into Peer
- Payout app
- Payout username or tag
- Payout currency
- Conversion cost
- Relay fee
- Protocol fee
- Estimated $ZED cashback
- Market rate
- Estimated completion time
- Approximate fiat payout
Do not authorize the transaction if the payout details, amount, currency or expected payout are incorrect.
Quotes reflect live market conditions. The fiat payout remains approximate until a buyer fills the order.
Can Zedkr authorize a transaction for me?
No. Zedkr cannot independently sign or authorize a transaction from your Para wallet.
You must approve the required actions through Para before the cash-out can begin.
Zedkr provides the interface that coordinates Para, Uniswap, Relay and Peer, but it never takes control of your wallet or funds.
You must approve the required actions through Para before the cash-out can begin.
Zedkr provides the interface that coordinates Para, Uniswap, Relay and Peer, but it never takes control of your wallet or funds.
How does Para protect wallet authorizations?
Para uses a 2-of-2 multiparty computation signing model.
Signing is completed jointly without assembling a complete private key in one place. Neither Zedkr nor Para can independently sign a transaction from your wallet.
You remain responsible for protecting the email account and authentication methods connected to your Para wallet.
Never share:
Signing is completed jointly without assembling a complete private key in one place. Neither Zedkr nor Para can independently sign a transaction from your wallet.
You remain responsible for protecting the email account and authentication methods connected to your Para wallet.
Never share:
- Email verification codes
- Wallet recovery credentials
- Private keys
- Passwords
- Authentication codes
Does Zedkr cover gas?
Yes. Zedkr covers the gas required for the cash-out transaction completed through Zedkr Cash.
You only need to fund your Para wallet with the asset and amount you want to cash out. You do not need to add extra ETH or another native asset for cash-out gas.
You only need to fund your Para wallet with the asset and amount you want to cash out. You do not need to add extra ETH or another native asset for cash-out gas.
Is the transfer into my Para wallet covered
No. Sending an asset from another wallet into your Para wallet is a separate blockchain transaction.
The sending wallet may require or charge its own network fee. That external funding transaction is not part of the Zedkr Cash cash-out or its quote.
Once the supported asset reaches your Para wallet, Zedkr covers the gas required for the Zedkr Cash transaction.
The sending wallet may require or charge its own network fee. That external funding transaction is not part of the Zedkr Cash cash-out or its quote.
Once the supported asset reaches your Para wallet, Zedkr covers the gas required for the Zedkr Cash transaction.
Does gas coverage mean the cash-out has no fees?
No. Gas coverage applies to the blockchain gas required to complete the Zedkr Cash transaction.
Other costs may still apply, including:
For cash-outs from $5 through $20, the protocol fee is $1 plus the Relay fee.
For cash-outs above $20, the protocol fee is 3.9% plus the Relay fee.
Other costs may still apply, including:
- Protocol fee
- Relay fee
- Uniswap conversion cost
- Token slippage
For cash-outs from $5 through $20, the protocol fee is $1 plus the Relay fee.
For cash-outs above $20, the protocol fee is 3.9% plus the Relay fee.
All available fees and costs are displayed before you authorize the transaction.
Is the Relay fee the same as gas?
No. The Relay fee and gas costs are different.
Zedkr covers the required gas, while the Relay fee covers the routing service used to deliver the conversion output as Base USDC.
The Relay fee depends on the route and is included in the total fees displayed in your quote.
Zedkr covers the required gas, while the Relay fee covers the routing service used to deliver the conversion output as Base USDC.
The Relay fee depends on the route and is included in the total fees displayed in your quote.
How are fees paid?
Applicable fees are deducted from the amount you select for the cash-out.
You do not need to transfer additional funds to pay the protocol, Relay or conversion costs separately.
The confirmation screen shows:
Review the complete breakdown before authorizing the cash-out.
You do not need to transfer additional funds to pay the protocol, Relay or conversion costs separately.
The confirmation screen shows:
- Amount being sold
- Total fees
- Net USDC deposited into Peer
- Approximate fiat payout
Review the complete breakdown before authorizing the cash-out.
What happens after I authorize?
After authorization:
- Uniswap handles the asset conversion.
- Relay routes the conversion output into Base USDC.
- The USDC is deposited into Peer’s non-custodial escrow.
- The order enters the buyer-matching process.
- A matched buyer sends fiat directly to your payout account.
- Peer verifies the payment.
- The order is marked as Settled.
What if the authorization does not complete?
If the cash-out does not complete its authorization:
Do not repeatedly authorize the transaction if an order or Deposit ID has already been created. Check the History tab first to avoid creating a duplicate cash-out.
If an asset balance changed but no order appears, open the Zedkr Cash chat support window and send us a message.
Include your public Para wallet address, relevant transaction information and Deposit ID if one was created.
Zedkr Support will never ask for your wallet recovery credentials, private keys or email verification codes.
- Confirm that you are signed in to the correct Para wallet.
- Check that your wallet contains enough of the selected asset.
- Return to the quote and confirm that it has not expired.
- Prepare a new quote if the market rate has changed.
- Try the authorization again.
Do not repeatedly authorize the transaction if an order or Deposit ID has already been created. Check the History tab first to avoid creating a duplicate cash-out.
If an asset balance changed but no order appears, open the Zedkr Cash chat support window and send us a message.
Include your public Para wallet address, relevant transaction information and Deposit ID if one was created.
Zedkr Support will never ask for your wallet recovery credentials, private keys or email verification codes.