🔒

Request crypto withdrawal

post
https://payments.finrax.com
/api/v1/withdrawals
Initiate withdrawal request
Please check our Withdrawal experience playground to help you create your checkout experience: https://finrax.com/withdrawal-experience-playground

What is targetAmountPolicy?

The targetAmountPolicyfield provides the means for specifying the withdrawal amount either in FIAT currency or CRYPTO currency. When FIAT is selected as policy the resulting amount of the withdrawal in crypto will be calculated according to the fiat amount passed in targetAmount field. When CRYPTO is selected as policy the resulting amount of the withdrawal will be exactly the same as the amount passed in targetAmount field (subject to a negligible difference due to market conditions i.e. market step size)
{
'withdrawCurrency': 'XRP',
'displayCurrency': 'EUR',
'targetAmount': '20',
'targetAmountPolicy': 'FIAT'
}
//This translates to "Withdraw 20 EUR worth of XRP"
{
'withdrawCurrency': 'XRP',
'displayCurrency': 'EUR',
'targetAmount': '200',
'targetAmountPolicy': 'CRYPTO'
}
//This translates to "Withdraw 200 XRP"

List of currencies and their supported withdrawal networks

Currency
Supported networks
BTC
BTC
BCH
BCH
ETH
ETH, BSC
LINK
ETH
LTC
LTC
USDC
ETH, BSC, TRX
USDT
ETH, BSC, TRX
XLM
XLM
XRP
XRP