Payments for trading profits are processed through a third-party contractor management platform and a US-regulated money transfer service — https://riseworks.io
To receive a payout through Riseworks, you will need to onboard with them. Full instructions on how to do this will be sent to you. The process usually takes a matter of minutes to complete. Please do not attempt to onboard with Riseworks independently of Frontline's invitation. In order for Frontline to be able to pay you, you will need to accept the Frontline invitation to become part of Frontline's team at Riseworks.
Riseworks offers 2 payout options: bank wire and Crypto.
The fees to the trader are as follows:
US bank wire withdrawals: Free
International bank wire withdrawals: $15/withdrawal
L1 Crypto Withdrawals: $2.5/withdrawal + Estimated Gas Fees.
L2 Crypto Withdrawals: Free.
Additional Fees from Rise
Riseworks may impose additional fees related to the country's legislation and the bank where the money is being sent. Unfortunately, we cannot work around or alter these additional fees.
If you have any issues during the onboarding process, please contact Riseworks via their website and use the chat box in the bottom-right corner.
Here are some additional Riseworks FAQs that you might find helpful:
Best practices for Crypto withdrawals, see Riseworks FAQ
Here are some additional Riseworks FAQs that you might find helpful:
How to add a bank account, see https://help.riseworks.io/en/articles/6106271-how-to-add-a-withdrawal-bank-account
How to withdraw via bank transfer, see https://help.riseworks.io/en/articles/6304455-how-to-withdraw-via-bank-transfer
How to add a Crypto account, see https://help.riseworks.io/en/articles/6075481-how-to-add-a-withdrawal-crypto-wallet
Best practices for Crypto withdrawals, see https://help.riseworks.io/en/articles/8148435-best-practices-for-crypto-withdrawals
Centralized Exchanges that support native USDC on Arbitrum, see https://help.riseworks.io/en/articles/8214548-centralized-exchanges-that-support-native-usdc-on-arbitrum