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How are rewards paid out?
How are rewards paid out?
Updated over a month ago

Overview

Cedar offers flexibility when it comes to how you can use your rewards. You can choose to apply them toward transaction costs on the platform, or you can withdraw them as cash in your local currency.

Reward Options:

  1. Apply to Transaction Costs

    • You can use your rewards to reduce the cost of future transactions on the Cedar platform. This is ideal for saving on fees when processing payments or completing transfers.

  2. Cash Withdrawal

    • Alternatively, you can withdraw your rewards as cash in your local currency. This allows you to access your rewards directly as funds, which can be transferred to your bank account or used for other purposes.

How to Choose:

  • When redeeming your rewards, you’ll be given the option to either apply them to transaction costs or withdraw them as cash. You can select the method that best fits your needs at the time.

If you need help with redeeming or withdrawing your rewards, don’t hesitate to contact support@cedar.money.

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