> For the complete documentation index, see [llms.txt](https://references.everstrike.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://references.everstrike.io/account/redeeming.md).

# Redeeming

Redemptions are Everstrike's built-in way to convert the native Everstrike stablecoin (evUSD) to USDC.

Redemptions are useful when you want to withdraw your funds from Everstrike's DEX Mode. You can use them to instantly convert your evUSD to USDC (and other stablecoins), which can then be withdrawn to your own wallet.

Most redemptions complete in under one minute. Some redemptions can take up to 24 hours.

Redemptions carry a very minimal fee (0.1 USD per redemption) and no execution costs. Thus, they are the cost-friendly alternative to selling evUSD directly on spot markets.

### How can I start a redemption? <a href="#h_c7902a08f8" id="h_c7902a08f8"></a>

To start a redemption, you must have at least 0.2 evUSD in your account, and you must have a (primary) wallet connected to Everstrike.

For step-by-step instructions (with pictures), refer to [How to Deposit, Withdraw and Stake On Everstrike](https://help.everstrike.io/en/articles/10127800-how-to-deposit-withdraw-and-stake-on-everstrike).

### What is the purpose of redemptions? <a href="#h_03e44a3a8c" id="h_03e44a3a8c"></a>

Use redemptions to convert evUSD to USDC before withdrawing to your wallet. They provide predictable fees and no execution costs.

### How long do redemptions take? <a href="#h_cf949a6dfa" id="h_cf949a6dfa"></a>

Redemptions can take up to 24 hours, but are usually instant.

### What is the alternative to redemptions? <a href="#h_5efc3b9069" id="h_5efc3b9069"></a>

Using one of Everstrike's spot markets (such as USD/USDC), or using Everstrike in [CEX mode](/account/dex-mode-vs.-cex-mode.md).

### Which assets are supported for redemptions? <a href="#h_38214efab7" id="h_38214efab7"></a>

Currently, only evUSD-USDC conversions are supported.

In the future, Everstrike plans to support other conversions, such as evUSD-USDT and evUSD-DAI.