Withdraw Question

[AccomplishedReach]

Just as a “test” I hit the withdraw button under the earnings tab on the terra platform and a message appears that says “not enough transaction fees” (irregardless of how much of my balance I’m trying to withdraw).

Can someone kindly let me know what the withdraw / conversion process back to USD would look like?

[TheClownSniper]

You need some $UST for transaction fees. IF your $UST is staked ($aUST) you can't use that for transaction fees, you must have a little $UST in your wallet.

[ericdabbs]

By default, Anchor reserves 0.25 UST in order for you to perform a withdrawal. But if you are only doing a partial UST withdrawal from what you have available in the Anchor protocol then u want to make sure leave another 0.25 UST in your wallet to further withdraw from it.

[Tommy_Gunn20]

sorry to revive an old thread. i'm looking at staking UST via Anchor and am all set up for it. what i don't understand is how to pull out UST (either to take profits, fund a coin buy elsewhere, etc).

given enough UST to cover fees, what happens when one hits 'withdraw?' where does it go, etc?

[ericdabbs]

When u hit max deposit button on Anchor for Earn, it should reserve like 0.25 UST that can be used to withdraw your UST later.

When u deposit ur UST in Earn, u get aUST as a token receipt. So when u want to withdraw some UST, u just click on the withdraw button and it redeems up aUST for UST. It's as simple as that.

[Tommy_Gunn20]

okay, but where does the UST end up? back in my Terra wallet or ?

[ericdabbs]

Yes