Step-by-step guide on how to withdraw assets from Vertex.
In this tutorial, you will cover how to withdraw assets, including:
  • Initiating a withdrawal.
  • Selecting the asset to withdraw.
  • Entering an amount.
  • The information displayed and Health Check.
  • Completing the withdrawal.
If you are looking to withdraw borrowed assets, please see this tutorial.
There are two ways to withdraw assets on Vertex:
  1. 1.
    Clicking on a Withdraw button and using the pop-up.
  2. 2.
    Directly in the Control Center.
Both avenues follow the same steps. For the purpose of this tutorial, we will use the pop-up example. However, we will explain how to initiate the Control Center withdrawal at the bottom.

Withdraw (Modal)

Step 1 -- Initiating a Withdraw

  • Press on any Withdraw button in the app:
    • On Portfolio Overview.
    • In the Actions drop-down (3 dots) on the Assets and Balances tables.
  • A pop-up will appear.

Step 2 -- Select the asset to withdraw

  • Click on the asset drop-down and select the asset you’d like to withdraw.
  • The Available amount is your current max withdrawal for that asset.
  • If you press withdraw on an Asset or Balance table, the pop-up will start with that asset selected.

Step 3 -- Enter the amount you want to withdraw

  • You can do so by manually typing the exact amount in the entry box.
  • OR click on a % button, which will automatically populate a % of your Available amount.
  • The Withdraw button would appear active if you entered a valid amount (blue).
  • If you enter too much – you won’t be able to continue, and a message will appear.
    • → You have the option to borrow and withdraw instead. Learn more.

Info displayed

  • Available: your current max withdrawal. This won’t always equal your balance. Instead, it is the amount of the asset you have deposited minus what’s currently in an open/current order or is needed to maintain the margin.
  • ~$: this is the value of the withdrawal calculated using the current Oracle price.
  • Vertex Balance: this is your current total balance for that Asset in Vertex. By entering an amount, you will see the change that happens in your account.

Step 4 -- Complete the Withdraw

  • Click on the Withdraw button.
  • Confirm the withdrawal in your wallet.
  • You will receive a notification once you are done.
Usually, the Vertex front-end will instantly update balances after a withdrawal. However, sometimes it can take a few moments for the app to reflect balance changes due to indexing on-chain information.