Withdraw from Peanut to an Ethereum Wallet
Send USDC or USDT to any Ethereum address. Free from Peanut, gas covered, no KYC required.
Ethereum mainnet is the most widely supported network in the ecosystem, offering maximum compatibility with wallets, exchanges, and DeFi protocols. You can withdraw USDC or USDT from Peanut to any Ethereum address — free from Peanut, with no KYC required and no withdrawal limits. Peanut covers all gas fees, even on Ethereum mainnet where gas tends to be the highest.
Before You Start
Info
- A Peanut account. No identity verification is required for wallet withdrawals. You can withdraw immediately after creating your account.
- An Ethereum wallet address. Ethereum uses the standard EVM address format (starting with 0x). This is the same address format used by Arbitrum, Base, Polygon, and Avalanche — but you must make sure the recipient expects funds on Ethereum mainnet specifically.
- Minimum withdrawal: $1 equivalent.
- No maximum. There are no limits on wallet withdrawals.
Consider Layer 2 alternatives. Ethereum mainnet is the slowest and most expensive network Peanut supports. For most users, a Layer 2 network like Arbitrum, Base, or Polygon offers faster confirmations at no additional cost. Use Ethereum mainnet when the recipient specifically requires it.
Withdraw to Ethereum
- 1
Open the app
Open the app and tap Withdraw, then select Send to Wallet.
- 2
Select the Ethereum network
Select the Ethereum network.
- 3
Choose your token
Choose your token: USDC or USDT.
- 4
Enter the destination wallet address
Enter or paste the destination wallet address. This is a standard 0x EVM address. Make sure the recipient expects funds on Ethereum mainnet (not a Layer 2).
- 5
Enter the amount
Enter the amount you want to withdraw.
- 6
Review the details
Confirm the network (Ethereum), the token, the destination address, and the amount.
- 7
Confirm the transaction
Peanut broadcasts the transaction to the Ethereum network.
- 8
Funds arrive
Funds arrive in the destination wallet once the transaction is confirmed on Ethereum mainnet, typically within a few minutes.
Peanut covers all gas fees, including on Ethereum mainnet. You pay nothing for the withdrawal.
Supported Tokens on Ethereum
| Token | Available for Withdrawal |
|---|---|
| USDC | Yes |
| USDT | Yes |
Your Peanut balance is held in digital dollars. When you withdraw, you choose which token to send. If you select USDT, the conversion from your balance happens automatically at the best available market rate with no additional fees.
Fees and Limits
| Detail | Ethereum Withdrawal |
|---|---|
| Peanut fee | Free |
| Gas fee | Covered by Peanut |
| Minimum withdrawal | $1 equivalent |
| Maximum withdrawal | None |
| KYC required | No |
Peanut covers all gas fees for Ethereum withdrawals. Ethereum mainnet typically has the highest gas costs of any supported network, but Peanut absorbs them entirely. You pay nothing.
Processing Time
- Typical confirmation time: A few minutes. Ethereum mainnet processes blocks approximately every 12 seconds, but transaction finality can take a few minutes.
- Network congestion: During periods of high demand, Ethereum gas prices spike and transactions can take longer to confirm. Peanut still covers the gas — you are not charged extra.
- 24/7 availability: Wallet withdrawals process at any time, including weekends and holidays.
For faster confirmations, consider using a Layer 2 network like Arbitrum or Base, which typically confirm in seconds.
Frequently Asked Questions
How long does an Ethereum withdrawal from Peanut take?
Ethereum mainnet withdrawals typically confirm within a few minutes. During periods of high network congestion, transactions may take longer, but Peanut covers any additional gas costs.
What fees does Peanut charge for Ethereum withdrawals?
None. Peanut covers all gas fees on Ethereum withdrawals, even though Ethereum mainnet has the highest gas costs among supported networks. The withdrawal is completely free.
Should I use Ethereum mainnet or a Layer 2?
Use Ethereum mainnet when the recipient specifically requires it — for example, if you are sending to an exchange or protocol that only supports Ethereum mainnet deposits. For all other cases, Layer 2 networks like Arbitrum, Base, or Polygon offer faster confirmations and are equally free.
What is the minimum withdrawal to Ethereum?
The minimum withdrawal is $1 equivalent. There is no maximum.
Do I need to verify my identity for Ethereum withdrawals?
No. Wallet withdrawals on Ethereum (and all other supported networks) do not require identity verification. You can withdraw immediately after creating a Peanut account.
Related Pages
- Withdraw to Arbitrum — faster Layer 2 alternative, same address format
- Withdraw to Base — Coinbase's Layer 2, ideal for Coinbase users
- Withdraw to Polygon — very low fees, widely supported
- Withdraw to your bank account — withdraw to a bank via SEPA or ACH