We make payments via our payment processor, Riseworks. Riseworks has 2 options for payouts: Bank wire and Crypto.
Please do not attempt to onboard with Riseworks until you receive an invitation. You need to onboard with Riseworks as part of the TradeDay team. You will receive an invite once you have passed the evaluation.
The fees to the trader are as follows:
US bank wire withdrawals: Free
International bank wire withdrawals: $15/withdrawal
L1 Crypto Withdrawals: $2.5/withdrawal + Estimated Gas Fees.
L2 Crypto Withdrawals: Free.
Additional Fees from Rise
Additional fees might be added, which are related to the legislation of the country and the bank where the money is being sent. Unfortunately, we cannot work around or alter these additional fees.
If you have any issues during the onboarding process, please contact Riseworks by going to their website here and contacting them through the chat box in the bottom right corner.
Here are some additional Riseworks FAQs that you might find helpful:
How to add a bank account, see Riseworks FAQ
How to withdraw via bank transfer, see Riseworks FAQ
How to add a Crypto account, see Riseworks FAQ
Best practices for Crypto withdrawals, see Riseworks FAQ
Centralized Exchanges that support native USDC on Arbitrum, see Rise FAQ
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