Basics: Withdrawing crypto and fiat in LOBSTR

Modified on Fri, 16 Sep 2022 at 06:56 AM

In LOBSTR, the Withdraw option allows users to send out tokens off the Stellar network to other crypto wallets or bank accounts.

The option is available for those assets where the Withdraw button is displayed. The button appears provided that the issuer/anchor of the token allows exchanging the token.

Let's say you're holding BTC Stellar token or tokenized USD asset on your Stellar account and want to exchange them for native BTC or USD and withdraw to your bank account. 

All you need to do is to find the corresponding token on the Assets page, tap the asset and push the Withdraw button.


Further, the page will open with the content generated by the anchor of the token where you'll be asked to provide additional information depending on the issuer's requirements.

 

See more:

What fiat currency can I deposit/withdraw with LOBSTR?

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