Withdraw Rewards

I am a beginner so sorry if this is a silly/simple question. Do I have to withdraw my rewards manually in Yoroi or is there an automatic feature that puts them back into my wallet? Does it cost anything to withdraw rewards?
Thanks so much!

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Hello @liz.biz

If you dont want to spend them you dont have to withdraw your rewards. All your rewards are automaticly delegated and earning passive income.

If you want to spend them you have to withdraw them before. For that you have to pay the normal cost of a transaction ( currently 0.17 ada ).

You can withdraw them by going to your dashboard and click on “Withdraw” -->

If you have any other questions, feel free to ask here :slight_smile:

Cheers
Fabian

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Thank you so much! This answers my question perfectly. I am grateful for your contribution, I will continue earning passive income as I don’t plan on spending anytime soon. Cheers!

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@liz.biz I agree with @Zyroxa comments very informative and would like to point out the benefit of Compound interest (or in other words, interest on interest.) as you earn your rewards it will roll out to next epoch.

“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
~ Albert Einstein

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