Great news for all crypto investors FTMO now provide withdrawals also in crypto!
The cryptocurrency market experienced a large growth in recent years, which is also shown by increased interest to trade cryptocurrencies such as Bitcoin, Ethereum or Litecoin from our FTMO Traders.
Very recently, we have introduced crypto as a payment option to get new FTMO Challenges, and after successful testing, we are happy to introduce this popular service for sending payouts as well.
Our FTMO Traders can now submit their payouts in the most popular cryptocurrencies such as Bitcoin, Ethereum, USDT and more!
So if you are an avid crypto trader, you can go through the whole FTMO experience only using cryptocurrencies, from paying for an FTMO Challenge with crypto, trading crypto during the Evaluation Process and withdrawing your profits in your favourite coin.
How to request a cryptocurrency payout
You will find an option for cryptocurrency payout in your Client Area – FTMO Traders tab.
When you are choosing a payout channel, a new option will appear, called Crypto.
You can withdraw your profits in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH) and Tether (USDT on ERC20 and TRC20 Network).
Crypto payouts submitted till 12 pm (noon – CE(S)T) will be processed on the same day with the exchange rate available at the time of sending the payment.
Payout requests submitted between Friday 12 pm (noon – CE(S)T) and Monday 12 pm (noon – CE(S)T) will be processed on Monday.
If you are not requesting a payout in USDT, be aware that a final payout in cryptocurrency can vary, depending on the market exchange rate of the selected cryptocurrency at the time of processing the payout.
You need to be 100% sure that you are inserting the correct address for your wallet.
FTMO Traders bear all responsibility for inserting correct, valid and accurate data for transaction processing. If the crypto address or network are inserted incorrectly, FTMO cannot reverse the transaction or track it via blockchain.
During the process, you will be requested to double-check that the data you insert is correct and valid so that the transaction is processed successfully.
News provided by FTMO.