How to Withdraw a Position
Last updated
Last updated
Withdrawing a position allows you to withdraw from active markets at the original price you purchased tokens. This guide will walk you through each step to effectively manage and withdraw your positions.
Access your watchlist by selecting it from the main menu. All markets you’ve bet on are automatically added here for easy access.
Locate the market question where you hold a position, then click on it to access the detailed market view. For single-outcome market questions, we’ve selected a sample question with two outcomes: "Yes" and "No."
Within the market view, you'll find options to “Buy,” “Sell,” or a "+" icon. Click on any of these to proceed.
Next, select the "Sell" option to bring up the withdraw interface. Choose the token package you initially purchased within this outcome, enabling you to manage the specific tokens you'd like to withdraw.
Selling refers to withdrawing from a market position by burning the tokens you hold. When you sell, you exchange the tokens for the equivalent sats at the price you initially bought them, without incurring any fees.
Enter the amount of tokens you’d like to withdraw. Ensure the amount is at least the minimum withdrawal amount (0.1 token)
You are withdrawing based on the original purchase price. For example, if you purchased tokens at 1000 sats, you will withdraw from the market at 1000 sats.
Confirm your selection and click on "Slide to Sell", and the withdraw will process, returning the equivalent value to your balance.
If the market has multiple outcomes, you’ll need to select the specific outcome you previously bet on. This ensures you are interacting with the correct position.
For markets with multiple outcomes (e.g., “Below 50k,” “Between 50-60k,” etc., as shown in the example image), each outcome will have its own corresponding withdraw position. Select the specific outcome that you previously bet on.
This step ensures that you are interacting with the correct position for that outcome.
