> For the complete documentation index, see [llms.txt](https://docs.derivadex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.derivadex.io/funding/withdrawals.md).

# 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. 

![](/files/wTHtBMQx0vM2CgefFRk7)

After doing this, the withdrawal panel will open. 

![](/files/f2CWGpr3k7NMbbWy5rW9)

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. 

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

**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. 

**Allowed:** "allowed" reflects USDC that is now free to be withdrawn completely to your externally owned address (your connected Ethereum address). 

{% 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". 

After this, the withdrawn funds will appear in your Ethereum account. 

### DDX Withdrawals

First, select your trader account on the top right of the UI. 

![](/files/X6IggZIPJF5SlV5haH2K)

Then, select "Withdraw DDX".

![](/files/9CUoSvulQ6Np9crPM5Bo)

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

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.