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At PeerLoot, we believe you should have complete control over your earnings. Our withdrawal process is designed to be flexible, transparent, and free from the high fees you see on other platforms.
Key Features of PeerLoot Withdrawals #
- Zero Withdrawal Fees: We charge absolutely no fees when you withdraw your funds from your PeerLoot wallet. What you earn is yours to keep.
- Multiple Cryptocurrency Options: You have the freedom to withdraw your balance in over 15 different cryptocurrencies. We are constantly working to add more options to give you even more flexibility.
- You Only Pay for Gas: The only cost associated with a withdrawal is the standard blockchain network fee (often called a “gas fee”) required by the cryptocurrency network you are using. This fee does not go to PeerLoot; it goes to the network’s miners or validators who process the transaction.
How to Make a Withdrawal #
Withdrawing your funds is a simple and straightforward process:
- Navigate to your Withdraw page on PeerLoot menu wallet.
- Select the cryptocurrency you wish to withdraw your funds in from the dropdown list.
- Enter the amount you want to withdraw.
- Provide your external wallet address for the chosen cryptocurrency. Please double-check this address for accuracy, as crypto transactions are irreversible.
- Review the transaction details, including the estimated network gas fee, and confirm the withdrawal.
Processing Time #
Withdrawals are processed automatically and promptly. The time it takes for the funds to arrive in your external wallet depends on the speed and congestion of the specific cryptocurrency’s blockchain, but it is typically very fast.
Summary of Withdrawal Benefits #
| Feature | PeerLoot | Other Marketplaces |
|---|---|---|
| Withdrawal Fee | 0% | Often 4-6% + flat fees |
| Payment Method | 15+ Cryptocurrencies | Limited options (Bank, Payoneer, etc.) |
| Processing Time | Fast (depends on blockchain) | Can take up to 5+ business days |
Our goal is to give you maximum control and flexibility over your earnings, without penalizing you with unnecessary fees.
