# Withdrawals

To make a withdrawal, a wallet must be connected, and a user must have collateral or DDX available to withdraw.

### USDC Withdrawals

First, select the "withdraw" button, located on the left side of the interface.&#x20;

![](https://657324958-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MXSefaV6XTyX0T6C6qr%2Fuploads%2FnjwThi6iPpinfD4xoGtw%2Fwithdrawal.png?alt=media\&token=7dd497db-f34a-4089-bcf3-508d489126a8)

After doing this, the withdrawal panel will open.&#x20;

![](https://657324958-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MXSefaV6XTyX0T6C6qr%2Fuploads%2FGc70FPPGdJQp3InrzTtN%2Fwithdraw-pane.png?alt=media\&token=a2e14184-7838-42b7-9bd7-3267e24c2187)

Here, you can select:

* which Strategy you want to withdraw collateral from (currently, only one strategy per trader is supported)
* The type of collateral you will withdraw (only USDC is supported currently)
* The amount you want to withdraw. Note: you can only withdraw funds in "free collateral". If you want to withdraw all collateral, you must first close your open positions and orders.&#x20;

{% hint style="info" %}
You cannot withdraw to a different address than the one which you have deposited with.&#x20;
{% endhint %}

After you've made your selections, select "initiate withdrawal". This will freeze your funds from being used as collateral on the exchange. **Please be aware, this will affect your free collateral as well as your liquidation price on any open positions.**&#x20;

**Pending:** "pending" reflects the amount of USDC you have initiated for withdrawal, but is not yet ready to be completed. If you initiate multiple withdrawal requests before the next on-chain checkpoint, the total sum will be reflected in pending.&#x20;

**Allowed:** "allowed" reflects USDC that is now free to be withdrawn completely to your externally owned address (your connected Ethereum address).&#x20;

{% hint style="info" %}
If you deposited more than 10,000 USDC, any excess collateral will \*immediately\* be placed into "allowed" for withdrawal. This collateral can be removed from the exchange, but cannot be used as collateral for trading.
{% endhint %}

In the next checkpoint (approximately \~10 minutes), you will need to click "Complete withrawal".&#x20;

After this, the withdrawn funds will appear in your Ethereum account.&#x20;

### DDX Withdrawals

First, select your trader account on the top right of the UI.&#x20;

![](https://657324958-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MXSefaV6XTyX0T6C6qr%2Fuploads%2FQ0GriddLoyHmOjrqPMBn%2Faccount.png?alt=media\&token=63cde0a8-064f-4126-b808-b2d17a074db5)

Then, select "Withdraw DDX".

![](https://657324958-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MXSefaV6XTyX0T6C6qr%2Fuploads%2FHPkEoyoyAHYbLO4Cpi5P%2Fddx-withdraw.png?alt=media\&token=d4f5c1ad-d713-4363-b418-88f69499d575)

If you have DDX to withdraw, you can select the amount you want to withdraw here. Then, select "initiate withdrawal".&#x20;

Similarly to USDC withdrawals, you will need to wait for \~10 minutes, until a checkpoint has passed, before you can "complete withdrawal".

After you complete withdrawal, the DDX will appear in your Ethereum account.&#x20;