How do I settle LyCI service token, what are the fees and how long does it take?

How do I settle or cashout LyCI service token?

You can ask for delivery settlement of the 25 Cryptos for a value always linked to their value at the time the clients issue a “Buy and Delivery Order”. Lykke will send the cryptos in your Lykke wallet, for the cryptos already supported by Lykke wallet. Otherwise, if a certain crypto is still not supported by Lykke, you will need to indicate the address of the wallet to which you want the not-supported crypto(s) to be delivered.

Alternatively, you can ask for cash delivery and you will receive the equivalent in USD of the 25 cryptos you are entitled to on your Lykke fiat account wallet.

To request settlement of your LYCI token, you may email support (support@lykke.com) for the next steps.

What are the fees?

If you ask for a physical settlement, the trading costs as incurred are invoiced. No other fees apply.

How long does it take for my funds to arrive after settlement?

For cash settlement, it takes 48 hours. For the physical delivery, it may take up to 10 business days.

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