The Self Custody feature lets you withdraw your bitcoin to a wallet you control. You can make one time bitcoin withdrawals, or set up a recurring withdrawal.
How to make a one-time withdrawal
First, enable two-step authentication if you have not yet done so. To set this up, go to the Settings page, then choose Privacy & Security and follow the steps.
Next, navigate to the Self Custody page. On desktop, it can be found in the Move Money menu. On mobile, it can be accessed by the green shortcut buttons on the dashboard.
Choose the "One Time" tab
Enter the amount of bitcoin you'd like to send.
Enter the bitcoin address to which you want to withdraw and continue. We recommend copying and pasting the bitcoin address.
Review the information, and if it looks good, check the box to acknowledge you’ve reviewed it and continue.
Enter the two-step authentication code from your authenticator app.
How to set up a recurring bitcoin withdrawal
First, enable two-step authentication if you have not yet done so. To set this up, go to the Settings page, then choose Privacy & Security and follow the steps.
Next, navigate to the Self Custody page. On desktop, it can be found in the Move Money menu. On mobile, it can be accessed by the green shortcut buttons on the dashboard.
Choose the "Recurring" tab.
Now, choose the type of recurring withdrawal you'd like to set up. You have two options: Threshold and Time Interval.
Important: A recurring withdrawal will only take place if network fees are less than or equal to 1.5% of the amount being withdrawn. If fees are higher, the recurring withdrawal will be skipped.
Threshold vs. Time Interval
Threshold is useful if you want to ensure that your withdrawal transactions are not so small that you will likely need to combine them later when spending bitcoin, which will incur higher network fees. If you are comfortable leaving bitcoin with a custodian but want to withdraw it when it reaches a non-trivial amount (whatever that means to you), choose this option.
Time Interval is useful if you want to consistently minimize the amount of bitcoin you keep out of your own custody, but you don't mind if some of the withdrawal transactions are small. If you want to withdraw on a schedule no matter how much bitcoin available in your account for withdrawal, choose this amount.
Setting a Threshold
Threshold will withdraw bitcoin every time the amount available to withdraw exceeds the threshold you specify.
First, choose the threshold amount.
Then, enter the bitcoin address to which you want to withdraw. We recommend copying and pasting the bitcoin address.
Review the information, and if it looks good, check the box to acknowledge you've reviewed it and continue.
Enter the two-step authentication code from your authenticator app.
Important: If the amount of bitcoin you already hold with the custodian is higher than the threshold, then the total amount available to withdraw will be withdrawn on the first recurring withdrawal.
Setting a Time Interval
Time Interval will withdraw all the bitcoin available to withdraw on a schedule you specify.
First, choose a time interval and a start date.
Then, enter the bitcoin address to which you want to withdraw. We recommend copying and pasting the bitcoin address.
Review the information, and if it looks good, check the box to acknowledge you've reviewed it and click "Continue".
Enter the two-step authentication code from your authenticator app.
How to stop a recurring withdrawal
In the sidebar, choose "Self Custody".
Click on "Remove Recurring Withdrawal".