There are several ways to archive an email message.
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From the inbox view, long-press the message then tap the Archive icon. Tap this icon to archive the message.
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You can also set Archive as a swipe option (Settings > Swipe Options), then swipe on the message you would like to archive.
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To archive a message when the message is open, tap the Archive icon in the top right corner of your screen.
An archived message is moved to the Archive folder for Exchange, Microsoft 365, iCloud, Outlook.com, and Yahoo accounts and to the All Mail folder for Gmail and Google Apps accounts.