Planning to withdraw funds from your trading account? Before you proceed, it is essential to understand the important information for the withdrawal process to avoid delays or issues. In this video, we will walk you through everything you need to know, including processing times, required documents, and common reasons why withdrawals may be delayed or rejected.

Step 1: Know Your Deposit Method

When you decide to withdraw your funds, it is important to remember the method you used to deposit into your Vantage account. For instance, if you deposited using a credit card, cryptocurrency, or GCash, Vantage will prioritize processing your withdrawal back to the same method you used for your deposit.

Step 2: Priority of Withdrawal Method

Let’s say you deposited $300 into your Vantage account using your credit card. In this case, the first withdrawal that Vantage will process is the $300 back to your credit card. This means that even if you want to withdraw via another method (like crypto or local bank transfer), the system will first return the amount you deposited using your credit card.

Step 3: How Withdrawals Work with Multiple Methods

After your credit card deposit amount is refunded, you can then proceed with withdrawing funds to other methods such as cryptocurrency or a local bank transfer. So, in the example above, once your $300 is refunded to your credit card, you can withdraw additional funds to crypto and eventually to a local bank transfer after maxing out your crypto withdrawal.

Step 4: What If You Did Not Use a Credit Card?

If you didn’t use a credit card to make your deposit, like in this case, you have the option to withdraw funds using any available local bank transfer or cryptocurrency. This gives you more flexibility when choosing your preferred withdrawal method.

Step 5: Available Withdrawal Options

It’s important to note that while options like Skrill and Neteller are not available for withdrawal, local bank transfers and eWallet options like GCash are included in the list of available withdrawal methods. This makes it convenient for those using popular local payment methods.

Step 6: Need Help?

If you have any questions or encounter any issues during the withdrawal process, don’t hesitate to reach out to us via email at info@profitech.ph. We’re happy to assist!

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