How Does Auto-withdrawal Work?
What is Auto-withdrawal?
Auto-withdrawal is a feature that allows automatic transfer of funds from your LiquidTrust wallet based on predetermined conditions.
How Does Auto-withdrawal Work?
- Once you enable the auto-withdrawal feature in your settings the system monitors your wallet balance every day at 2 am Pacific Time.
- If the Wallet has a balance of 250 USD or more, when conditions are met, funds are automatically withdrawn.
- You receive email notifications for each transaction.
Setting Up Auto-withdrawal
- Access your Payment Methods settings.
- Enable the "Auto-withdrawal" option.
Benefits of Auto-withdrawal
- Save time on manual transfers.
- Faster withdrawal submission, without the need to log in.
- Your transfers are on autopilot.
- Regular funds transfer.
Security Measures
Auto-withdrawal includes several security features to protect your funds:
- The minimum transaction limit is set to 250 USD, which helps to avoid paying extra fees for low-amount transfers.
- Ability to pause at any time.
- Automatic withdrawal is disabled if a transfer fails to avoid recurring errors.
- Instant email notifications for any change in status.
Important Considerations
- Regularly review your auto-withdrawal settings to ensure they match your current needs.
- Monitor transaction notifications to stay informed about your account activity.
- Always verify the status of a failed transfer, before re-enabling the feature.