Web platform
Choosing cryptoasset – Web platform
⠀⠀4. Click the Withdraw button below the cryptoasset.
⠀⠀5. You’ll see the form to enter the crypto amount.
Note: There’s a minimum withdrawal amount for each asset. You can find the complete list of withdrawal limits here. For instance, in the case of Monero, it’s 0.01 XMR.
Withdrawing crypto from CoinLoan – Web platform
⠀⠀6. Enter the crypto wallet address.
⠀⠀7. Click the Continue button. Each asset has a different transaction speed. The process can take up to some hours.
Note: Please always double-check the address you enter to successfully receive the withdrawal.
⠀⠀8. You will need to confirm a transaction to successfully withdraw funds. This is a security precaution. Just follow the platform instructions on your device.
Mobile app
⠀⠀2. Go to the Wallet module.
⠀⠀3. Choose the desired cryptoasset.
⠀⠀4. Press the Withdraw button after going to the asset module.
Withdraw button – Mobile app
⠀⠀5. You’ll see the form to enter the withdrawal amount and the recipient’s address.
⠀⠀6. Press the Continue button. Each asset has a different transaction speed. The process can take up to some hours.
Withdrawal form – Mobile app
Note: There’s a minimum withdrawal amount for each asset. You can find the complete list of withdrawal limits here. For instance, it’s 1 ADA for Cardano.
⠀⠀7. You will need to confirm a transaction to successfully withdraw funds. This is a security precaution. Just follow the platform instructions on your device.
Important notes
To withdraw XRP, you need to specify Destination Tag. Refer to our article to know more.
To withdraw XLM and EOS, don’t forget to include Memo. More info here.
To withdraw USDC, BUSD, or USDT, choose between ETH and BSC networks. Read more in our article about the network selection feature.
To withdraw BTC or LTC, you need to select the correct address type: Bech32 or Legacy. Check our article for more info.
Withdrawal fees
CoinLoan takes over withdrawal fees, except for assets based on the Ethereum blockchain. Please read about our platform fees here.