How do I withdraw my remaining 1 DOT?

Contents

What is existential deposit?
How to withdraw my 1 DOT?

What is existential deposit?

On the Polkadot network, 1 DOT is the so-called "existential deposit" needed to keep your account alive. If your balance goes lower than 1, your account will get deactivated. You can always bring it back by sending at least 1 DOT to your address.

How to withdraw my 1 DOT?

Starting with Atomic Wallet v2.27.0 (or 0.72.0 for mobile), the 1 DOT existential deposit is now available for withdrawal. You'll still need to pay the network fee charged by the Polkadot blockchain, though, which usually amounts to about 0.02 DOT. The fee cannot be deducted from your remaining 1 DOT, so just make a small DOT deposit to withdraw everything. 

Why do I have to make an extra deposit?

Once an account is inactive, all of the funds on its balance get destroyed, which is why the 1 DOT deposit used to be unspendable in our wallet. That's also why the network fee cannot be paid with just the remaining 1 DOT. If you were to send [1 - 0.02 = 0.98] DOT out, it would automatically get your account deactivated and your remaining funds reaped.


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