You can withdraw your collateral from your loan by either closing your loan early or repaying your loan at maturity. Currently, you cannot make partial collateral withdrawals prior to closing your loan.

How to access your bitcoin collateral:

• Early loan closure: To close your loan early, visit your Loan Center in the Strike app's Cash tab, select the Payment Tile, then "Close your loan," and follow the on-screen instructions to pay all outstanding amounts.
• Loan repayment at maturity: On your loan's maturity date, the outstanding principal and interest will be automatically deducted from your selected payment source, which can be changed at any time.

Please note making an early payment of 100% of your principal is not the same as closing your loan and will not automatically return your collateral. While it stops further interest accrual, you must still formally close your loan to have your bitcoin collateral returned prior to the maturity date.

Upon successful loan repayment, your collateral will be returned to your bitcoin balance within 1 business day. Please note that early loan closure is only available after your loan has been open for 60 days due to cash settlement processing times.