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How to withdraw crypto from your account

If you want to withdraw crypto from your Blockrise account to a verified external wallet, please follow these steps:

  1. Log in to the Blockrise dashboard on a computer or laptop
  2. On the left-hand side in the menu, click "Wallet" 
  3. You will find an overview of the cryptocurrency balances you have in this wallet, with a "Withdraw" button behind them
  4. Click this "Withdraw" button
  5. Fill in the withdrawal amount
  6. Select a known wallet address from the list or add a new one with the "+" sign
  7. Enter your 2FA code 
  8. Select ‘Proceed with signing.’ You will be redirected to a separate page, where you can fill in your Blockrise Seed to sign the transaction.
  9. Sign the transaction by scanning the QR code with your Blockrise App, or by manually filling in your 24-word Blockrise Seed.

Your transaction may take some time to be processed by Blockrise and the blockchain network. You can track your transaction on the blockchain by using a blockchain explorer.

For every withdrawal, a blockchain fee is deducted from your withdrawal amount. A blockchain fee is a cryptocurrency transaction fee that is charged to users when performing crypto transactions. Blockrise requests a minimum amount of crypto to be withdrawn to account for the blockchain fee.

 

Please note that crypto transactions cannot be reversed. If a mistake has occurred, the transaction cannot be undone. It is recommended for large sums of crypto to, firstly, send a small amount of crypto to a new address and confirm that it is a valid and reliable wallet before, secondly, sending the entire sum.