This article explains how withdrawals work on the Peoples Reserve platform, including withdrawal caps, associated fees, and minimum withdrawal thresholds. Reviewing these details before submitting a withdrawal can help prevent delays or failed transactions.
Table of Contents
- Quick Overview
- Before You Withdraw
- How to Withdraw Funds
- Minimum Withdrawal Thresholds
- Withdrawal Caps
- Withdrawal Fees
- Processing Times
- Common Withdrawal Issues
- Security Reminders
- When to Contact Support
- Next Steps
Quick Overview
When withdrawing funds from Peoples Reserve, it’s important to understand:
- Minimum withdrawal thresholds
- Daily or periodic withdrawal caps
- Applicable withdrawal and network fees
- Processing and review timelines
Before You Withdraw
Before submitting a withdrawal request, ensure that:
- Your account is active and in good standing
- Required identity verification is complete
- Your withdrawal destination has been added and verified (if applicable)
How to Withdraw Funds
- Log in to your Peoples Reserve account
- Navigate to the Withdraw section of your dashboard
- Select the asset you want to withdraw
- Choose or enter your withdrawal destination
- Enter the withdrawal amount
- Review fees, limits, and final amounts
- Confirm the withdrawal
Minimum Withdrawal Thresholds
Each asset supported on the platform has a minimum withdrawal amount. Withdrawals below this threshold cannot be processed.
- Minimums vary by asset and network
- Thresholds are displayed before you confirm a withdrawal
- Network fees are separate from minimum withdrawal amounts
If your balance is below the minimum threshold, you will need to deposit additional funds or wait until your balance increases.
Withdrawal Caps
Withdrawal caps limit the maximum amount you can withdraw within a given time period.
- Caps may apply daily, weekly, or per transaction
- Limits may increase with higher verification or Loyalty Levels
- Certain products or funds may have temporary withdrawal restrictions
Withdrawal Fees
Withdrawal fees may apply depending on the asset and method used.
- Network Fees: Paid to blockchain networks and vary based on congestion
- Platform Fees: May apply depending on asset type or product
All applicable fees are displayed before you confirm your withdrawal.
Processing Times
Withdrawal processing times vary depending on the asset and method.
- Some withdrawals may process automatically
- Others may require manual review for security purposes
- Blockchain confirmations affect final settlement time
You can track withdrawal status directly from your account dashboard.
Common Withdrawal Issues
Withdrawals may be delayed or declined if:
- The amount exceeds applicable withdrawal caps
- The balance is below the minimum withdrawal threshold
- Incorrect address or network is selected
- Additional security review is required
Security Reminders
- Always verify the withdrawal address and network
- Use your Address Book to reduce errors
- Never share your withdrawal PIN or security codes
When to Contact Support
Contact Peoples Reserve Support if:
- Your withdrawal remains pending longer than expected
- You encounter an error not explained in this article
- You believe a withdrawal was submitted incorrectly