Withdrawing Assets
Last updated
Last updated
What if you want to access your original crypto assets? Withdrawing your funds from Amply is also straightforward.
Navigate to the Dashboard Page: Locate your active supply and click “Withdraw”.
Specify Withdrawal Amount: Enter the amount of tokens you want to redeem
Confirm Withdrawal: Review the details and confirm the transaction. You'll receive the equivalent amount of your crypto asset back to your wallet.
Important Considerations:
Fully withdraw: If you wish to fully withdraw your deposit, click on the “MAX” button to do so
Health Factor > 1: If you have any borrowings, you can only withdraw your assets up till a Health Factor of 1. However, we encourage you to maintain a Health Factor above 3.
Forgo Interest: Withdrawing your assets means you'll no longer earn interest on that specific portion.
Market Fluctuations: The value of your withdrawn crypto might differ from when you initially deposited it.
By following these steps, you can efficiently retrieve your assets while understanding the potential implications.