How to withdraw from fomo

Pick your route

Route	Who can use it	Where	Minimum	Speed	Fee
Bank, Standard	US bank accounts only	Mobile app	3 dollars	1 to 3 business days	Shown on the review screen; can be free
Bank, Instant or Faster	US, depending on your bank	Mobile app	3 dollars	Instant: minutes. Faster: next business day (estimate)	Shown on the review screen
Crypto exchange	Anyone	App and web	Per network, shown in the app	Not published	Shown on the review screen; can be free
Your own crypto wallet	Anyone	App and web	Per network, shown in the app	Not published	Shown on the review screen; can be free
PayPal, Venmo, Robinhood, Wealthsimple	Nobody				Funds sent there are lost

Everything in this table comes from fomo’s help centre, read 10 November 2026. Fees and the per-network crypto minimums are shown in the app but are not published anywhere fomo makes public, so we cannot quote them.

Step 1: get to cash

You can only withdraw your cash balance, which is USDC (a dollar-pegged stablecoin) held on Solana. Tokens have to be sold into it first, and every sale is a trade with a trading fee. fomo’s headline rule is 0.50% per trade on standard tokens, with minimum fees on small Solana trades; see fomo fees for what that comes to at your size.

Two limits catch people at this step:

• Small positions cannot be sold. The in-app minimum sell is 2 USDC on most networks and 5 USDC on Ethereum, and a little more when network fees are high. Leftover “dust” stays in your wallet. To reach it, you can export your private key into another wallet (see fomo wallet and private keys).
• Some tokens cannot be sold at all. If the liquidity behind a token was pulled, or its contract blocks sales, nothing on fomo or anywhere else can sell it.

Perps money first. If you trade perps, your perps cash balance is separate. Move it back to your token cash balance with Transfer cash (minimum 2 USDC out; margin locked in open positions cannot move). There is no direct withdrawal from perps.

Step 2a: withdraw to a US bank (mobile app)

1. Open the Portfolio tab, tap the three dots next to your Cash balance, then Withdraw, then Bank account.
2. The first time, the app takes you through identity verification with Spritz, the partner that handles bank withdrawals. You need a valid, non-expired government ID such as a passport or driver’s licence. fomo says it does not collect or store your documents.
3. Add your bank account, enter the amount (at least 3 dollars), and pick a speed. The review screen shows the fee for each speed.
4. Confirm. Later withdrawals skip verification and open your saved bank accounts.

Business days are Monday to Friday, excluding US federal holidays. fomo’s example: start on a Monday with a holiday on Wednesday, and only Monday, Tuesday and Thursday count toward the three days.

Statuses. A bank withdrawal shows Pending, then “Sent to bank for processing”, which means Spritz has handed it to your bank (which can take another business day or two). A Pending withdrawal cannot be cancelled by you or by support. If it shows Refund pending, the money does not come back on its own: tap the row and use Contact support, which emails Spritz with fomo copied.

If a verification link expires or a bank-connection session times out, start again and finish without long pauses.

Step 2b: withdraw USDC to a wallet or exchange (app or web)

1. Mobile: three dots next to Cash, Withdraw, Crypto wallet. Web: Withdraw in the cash balance menu.
2. Enter the amount and tap Continue.
3. On your exchange or wallet, copy the USDC deposit address for one specific network. fomo can send on Solana, Base, BNB Chain, Monad, Ethereum, Robinhood Chain, Arc and Elysium; the list in the app shows which are available to you.
4. In fomo, select the same network first (the picker starts on Solana), then paste the address.
5. Tap Review and check the fee, then slide to confirm (mobile) or tick the warning and click Confirm withdraw (web).

Network rules that matter:

• Robinhood Chain sends USDG, not USDC. Only use it if the receiver accepts USDG on Robinhood Chain.
• Arc and Elysium: check that the receiver accepts USDC on that network before you send.
• If the amount is under the network’s minimum, the app shows “Amount too low” with the minimum.
• A wrong network, or an address you do not control, can mean permanent loss. There is no reversal on a blockchain.

When it completes, the app shows a View on Solscan or block explorer link with the transaction.

Getting cash into PayPal, Venmo or a broker

fomo cannot withdraw to finance apps such as PayPal, Venmo, Robinhood or Wealthsimple. Most of them do not accept USDC on fomo’s networks, so the funds arrive as something they do not support and never appear. fomo’s suggested routes: withdraw to your US bank and fund the app from there, or send USDC to an exchange that accepts it on the network you pick and move it on. Outside the US, an exchange that operates in your country is the usual way to turn USDC into local currency.

What fomo publishes and what only the app shows

Published by fomo	Shown only in the app
Bank minimum: 3 dollars	Bank withdrawal fee for each speed
Bank speeds: 1 to 3 business days, Instant, Faster	Crypto withdrawal fee per network
Minimum sell: 2 USDC, 5 USDC on Ethereum	Crypto withdrawal minimum per network
Perps to tokens: 2 USDC minimum	Which networks are offered to your account

If you want to keep a record for tax, note that fomo has no CSV or PDF export: see fomo taxes and trade history. If you are withdrawing because you are leaving, read how to delete your fomo account before you delete anything. JomoBench is unofficial; for a stuck withdrawal, contact fomo from inside the app.