How to withdraw funds?
To transfer funds from your DolarApp Wealth Account to your DolarApp Main Account:
Open the ‘Wealth’ tab
Tap the three-dot button and select ‘Withdraw’
Enter the amount to withdraw
Withdrawals are free of charge and once funds are available to withdraw in your Wealth Account USDc balance, transfers to your Main Account are instant.
Note that if the money is currently invested in an asset, you’ll first need to sell that asset before the funds become available for withdrawal.
When can you withdraw funds?
When making a withdrawal, you’ll see the amount available just below the input field. This amount may differ from the USDc balance shown in your portfolio. That’s because:
When you sell a security, the sale is only executed during US stock market hours (9:30 AM – 4:00 PM ET).
The proceeds from a sale become available for withdrawal the next business day once the market opens.
Note that you can reinvest the proceeds right away within your investment account, even before they’re available for withdrawal. However, withdrawals to your main wallet are only possible once the funds have settled.