An automatic withdrawal schedule is a way to automatically withdraw your crypto currencies from a supported exchange, into your own wallet. For example, you can create a schedule that withdraws 100% of your Bitcoin balance from Coinbase Pro every month.
Currently we allow you to withdraw 25, 50, 75 or 100 percent of your crypto balance from the exchange. You can set the schedule to withdraw every day, week, two weeks, three weeks, month or two months.
Please be aware of the fact that while ZenDCA doesn't charge any fees to withdraw your cryptos, you're still subject to any withdrawal fees on the exchange itself. At the time of writing, Gemini offers up to 10 free withdrawals per calendar month, unlike all the other exchanges.
Also, while we don't impose any restrictions, all exchanges have specific rules about how and when you can withdraw. For example, some exchanges will want users to wait 7-10 days after their last USD deposit to be able to withdraw. Also, exchanges like Gemini will only allow withdrawing to an approved address (don't worry, we have all the instructions you need regarding that within the app).
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