What are installments when I request a withdrawal?
***For mBTC – all references to USD will be calculated with the mBTC market equivalent***
There is no maximum amount you can request for one withdrawal by Bitcoin, however your request may be split into increments.
If your withdrawal request is larger than the Maximum Installment Amount, it will be divided into smaller installments. Installments are portions of your withdrawal and get processed within a specified duration.
Here's an example when you request a withdrawal by Bitcoin:
Maximum Installment Amount: $2,500
Installment Frequency: 1 per 3 days
Requesting a withdrawal of $7,500 dollars will result in three installments of $2,500 and an estimated timeframe of nine (9) days before you get the full amount.
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