Picnic lets you withdraw your balance directly to a native Bitcoin network address — not "wrapped" Bitcoin on another chain. This feature is offered in partnership with Deframe and is available only on the web version (usepicnic.com), not on the app.
📊 Exact fees (Deframe partner + Bitcoin network) now live in a single place: Complete Picnic fee table → Crypto (onchain movements) section.
Before you start
- Have your Bitcoin wallet address ready (starts with
bc1…,1…or3…) - Use the web version of Picnic — native Bitcoin withdrawal isn't available in the app
Step by step
- Open Picnic in your browser (usepicnic.com) and log in
- In the menu, open "More" and select "Bitcoin Withdrawal" (you can also access via the "Withdraw Bitcoin" card on the home screen)
- Choose the source asset and the amount you want to withdraw
- Paste your Bitcoin address (
bc1…,1…or3…). The system validates the format automatically - Check the operation cost (Deframe partner fee + Bitcoin network fee) and the estimated time, shown on the screen
- Confirm and sign the transaction
Important
- There's a minimum and a maximum per withdrawal, shown on the screen
- Bitcoin network transfers may take a few hours — track via your Transaction History
- Native BTC withdrawal fees are dynamic (they vary with Deframe and the Bitcoin network) and shown before confirmation. For how Picnic fees work in other crypto operations, see the Complete Picnic fee table
- Check the address carefully: blockchain transactions are irreversible