Wealth99 offers a few key methods for withdrawing or transferring funds. This guide clarifies the differences between crypto and fiat withdrawals, as well as internal transfers.
Crypto Withdrawals
A crypto withdrawal refers to the process of transferring cryptocurrency from your Wealth99 account to an external wallet or exchange. This allows you to move your digital assets outside of the Wealth99 platform for storage, trading, or other transactions on the blockchain.
- UK/EU/AU clients: Withdrawals of cryptocurrency to external wallets or exchanges are no longer available for Wealth99 clients in these regions. However, Dacxi Coin withdrawals remain accessible.
- Non-UK/EU clients: If you are located in a different region, please refer to the linked article for more information. Should you need assistance with your withdrawals, feel free to reach out to our customer support team at hello@wealth99.com for guidance.
Fiat Withdrawals
A fiat withdrawal refers to the process of transferring traditional currency (e.g., AUD, GBP, EUR) from your Wealth99 account to your bank account. To proceed with this, you need to have a fiat balance available in your account.
It is important to note that cryptocurrencies cannot be withdrawn directly into a bank account. If you have a crypto balance and desire to transfer your funds to a bank account, you must first sell your cryptocurrency for fiat currency (e.g., AUD, GBP) and then request a fiat withdrawal.
Instructions on how to sell crypto:
Instructions on how to request a bank account withdrawal:
Internal Transfers
An internal transfer allows you to move cryptocurrency between Wealth99 accounts instantly and without blockchain fees. This transfer provides a quick and efficient way to manage your assets within the Wealth99 platform, especially if you are sharing funds with friends or family members who also have Wealth99 accounts.
To initiate an internal transfer, you will need the recipient’s registered Wealth99 Exchange email address. Please refer to this guide for detailed instructions on this process: How to transfer funds within Wealth99 Exchange accounts