🪙 Minting AUDD

Minting AUDD is the process of turning your deposited Australian dollars (AUD) into digital AUDD tokens. Once your funds have cleared in the Mint, you can request to mint AUDD and have it issued directly to your wallet on any supported blockchain.

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Before you Mint:

Before you can mint AUDD, you’ll need to have an active external wallet recorded. Depending on the blockchain you’re using, your wallet may also require a Trustline for AUDD. For more details, refer to the Managing External Wallets guide.

🪙 Mint AUDD

To initiate a Mint request, you will need to navigate to the Trade Page via the left-hand menu. This opens up the Trade screen, where you will find the page split into two distinct sections:

• Assets: Available tokens you can trade (this will show AUDD on each available chain activated for your Company)
• Distributors: Wallets previously added with permission to trade AUD for AUDD (or visa versa)

Wallets will only appear in the Distributor section once you select the Asset you wish to trade with. This is to ensure only wallets added for the Asset's specific chain are available - preventing the mishap of Minting AUDD to the wrong wallet or chain.

To select the chain you wish to mint your AUDD on, click the Asset ID for your desired choice. The available wallet addresses should now appear in your Distributor list. Once you find the wallet you want to mint your AUDD to, click the menu button (denoted by 3 dots) in the Action column.

From this menu, click the Buy option. This will activate the Buy Asset modal.

Fill the Buy Asset fields, following the guide below:

Double check the information entered. If everything is ok, click the OK button at the bottom of the modal. This will close the modal, and initiate the Minting process.

✅ Mint Validation

Once you submit a mint request, the initial status will appear as PENDING or IN_PROGRESS. The time it takes to complete can vary depending on the blockchain you’ve selected - in some cases it’s just a few seconds, while in others it may take a few minutes. Factors like chain congestion and the number of confirmations required by the network will affect how quickly the request finalises.

Once the mint is successful, you can validate it directly on-chain by checking the destination wallet specified in your request. Because the AUDD Mint is non-custodial, tokens are minted straight into your wallet rather than being held by the platform.

📺 Watch: Video Tutorial