Fairmint enables investors to inject capital using wire transfers, funds that are deposited into your bank account when accepted.
Investors can also invest using credit cards and digital currency (including BTC, ETH, and USDC), and these funds are converted to USDC and then deposited into your digital wallet.
You can withdraw your funds held in USDC at any time by clicking on “Withdraw” on the Dashboard of your admin panel. Withdrawal is available only for USDC funds for the moment. The minimum withdrawal amount is 1 USDC. Network fees are charged when withdrawing USDC.
The funds that you withdraw are sent to the ETH address that you add as recipient.
To transfer the USDC you receive to your bank account, an easy way is to create a (free) Circle account and link it to that bank account. Then, when you withdraw, add as recipient the ETH address provided by Circle.
Feel free to contact us if you have any question regarding the withdrawal of your funds at firstname.lastname@example.org.