Article Summary
This article explains how to set up a bitcoin auto-withdrawal on River, including where to find the setting and how the threshold applies.
To set up a bitcoin auto-withdrawal, follow the steps below:
Step 1: Click the profile icon
On river.com, click the profile icon in the upper-right corner of your River homepage. If you are using the River app, first tap the profile icon in the upper-left corner of the homepage.
Step 2: Click "Auto-withdrawal"
On river.com, click "Banking & Bitcoin," and then click "Auto-withdrawal." If you are using the River app, scroll down on the home page to the "Protect your wealth" section and click "Take custody of your bitcoin with auto-withdrawals."
Step 3: Enter auto-withdrawal details
When you press "Get started" you will see a window where you can enter the details of your auto-withdrawal. Enter the balance you would like to automatically withdraw from River and click "Set balance threshold." Next, enter the destination address and click "Set withdrawal destination."
Step 4: Select withdrawal priority
Choose whether to only withdraw when free or to always withdraw when your balance is reached. Then, click "Continue."
Step 5: Review automatic withdrawals
You will need to complete the two-factor authentication by entering your verification code. Click "Submit" to complete your auto-withdrawal setup.
Step 6: Auto-withdrawal started
You have now successfully started a bitcoin auto-withdrawal.
Please note that your set threshold for your auto-withdrawal will only include settled bitcoin. Once bitcoin has passed through its holding period, it will be available for your auto-withdrawal.
For more information on automatic withdrawals, please see this Help Center article.