Cost basis uses the First In, First Out method. I.e., the oldest shares in your portfolio will be “sold” first.
At present, subject to a 90-day holding period, Linqto offers liquidity for certain companies whereby we offer to redeem your fund shares at a disclosed price. This price is determined based on the company’s current buy price, which may vary from time to time. For these transactions, Linqto charges a one-time redemption fee of 10% or as otherwise indicated. The specific company, the amount of buy-back liquidity available for each company, the buy-back price, and the redemption fee can change without notice. You can view the redemption fee on the trade screen when you enter a redemption order before you confirm.
To withdraw, please navigate to your wallet and select the specific cash account you would like to withdraw from (if you have an entity set up within your account you will see multiple cash accounts). Once within your cash account, click withdraw, make sure that the funds are available for withdrawal, and continue to follow the prompts to complete your request.
If funds were deposited via ACH, they cannot be withdrawn from the platform until 5 business days after settlement. You'll be able to withdraw the funds once you see the "Available For Withdrawal" balance updated within your wallet. Funds deposited via wire transfer or Uphold are settled immediately and therefore can be withdrawn as long as the "Available For Withdrawal" balance is updated.
Please also note, funds must be returned to their original funding source unless it's been over 90 days.
If you have made a deposit but have not purchased on the platform, you will be prompted to contact us to submit the withdrawal request for you.
Linqto Bucks are credits that you can use to lower your cost basis when making an investment. They are eligible to cover up to 10% of the order and cannot be combined with other special offers. When placing your order, you can elect to use Linqto Bucks in the "Apply Discounts" section of the order screen.
For example, if you were making a $10,000 investment and applied $1,000 Linqto Bucks, you would only pay $9,000 when you place the order but would still receive the equivalent shares worth $10,000.
Note: The Cost Basis for this example is $9,000
You can learn more by reviewing the Linqto Bucks Terms and Conditions.
As part of our referral program, the primary way to obtain Linqto Bucks is to refer someone to Linqto with your personalized referral link. If your referral makes a purchase, you'll receive $1,000 Linqto Bucks to be used towards your next investment.
There is no limit on the amount of Linqto Bucks you can earn.
Once you're signed in, click here and you can copy your referral link to share and start earning Linqto Bucks.
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