How to Set Up Auto-Withdrawal
Auto-Withdrawal is a convenient feature that automatically initiates a Transfer of funds from your LiquidTrust Wallet to your Default Payment Method when predetermined conditions are met, ensuring your earnings reach your bank account with minimal manual effort.
How Auto-Withdrawal Works
Once enabled, the system automatically checks your Wallet balance every day at 2 AM Pacific Time (PT).
- Trigger Condition: If your Wallet has an available balance of $250 USD or more, the funds are automatically withdrawn.
- Notifications: You receive email notifications for each automated transaction.
Step-by-Step Instructions: Enabling Auto-Withdrawal
- Access Settings: Navigate to your Settings (via the gear icon in the site navigation).
- Go to Payment Methods: In the Settings menu, click Payment Methods.
- Enable Auto-Withdrawal: Find the "Auto-withdrawal" option and click the slider to enable it.
Why This Matters
Auto-Withdrawal simplifies your cash flow management by putting your Transfers on autopilot. It saves you time on manual steps, provides regular funds transfer submissions, and ensures your funds are moved quickly to your external bank account once they clear in your Wallet.
Tips, Notes, or Warnings
- Minimum Threshold: The automatic withdrawal will only be triggered when the balance in your Wallet reaches $250 USD or more. This minimum helps avoid paying unnecessary fees for low-amount transfers.
- Security Measures: You can pause Auto-Withdrawal at any time. The feature is also automatically disabled if a transfer fails, preventing recurring errors.
- If you do have a failed transfer, contact support@liquidtrust.io for further instructions before re-enabling auto-withdrawal.