Cash-out your Loot!
After hunting all these treasures the time has come to cash out. In this guide, you will learn how to cash out your DOP into FIAT (euros/dollars, etc.).
We'd like to emphasize that these steps have to be taken very carefully a small mistake in the addresses can result in losing all of your funds. Make sure to double-check addresses and take the time to cash out.
Because the cashing out process is done by 3rd party there are fees attached to this. On average each cash-out process has a 5 EUR fee. Be mindful of this, and do not cash small amounts as the fees quickly add up.
- 1.Open the D-Drops app and navigate to the wallet screen.
- 2.Click on the "Swap" button and enter the amount of DOP you want to convert to BNB.
- 3.Confirm the transaction and wait for it to be processed successfully. The BNB amount should now be visible in your D-Drops wallet.
Step 2.1 Go to MoonPay's website and click on the "Buy Crypto" button.
Step 2.2 Click on Sell and choose BNB - Binance Coin BEP-20 from the dropdown menu.
Step 2.3 Choose the amount of BNB you would like to sell. Remember to always keep 0.005BNB in your D-Drops wallet. Otherwise, you won't be able to pay the fees.
Step 2.4 Enter your IBAN, this is the bank account that will receive the funds.
Step 3.1 Go to MoonPay and click on "View deposit details" to retrieve the address to send the BNB to.
Step 3.2 This is the address you have to send your BNB to, in order to cash it out into euros. You can copy this address by clicking on:
Step 3.3 Open the D-Drops app and navigate to the wallet screen and click on Send
Step 3.4 Enter the address retrieved from MoonPay and the amount of BNB you want to send.
Confirm the transaction and wait for it to be processed successfully.
Step 4: Wait for the payment to be processed
After a view minutes MoonPay should have received your BNB and the cashing out process will begin.
Step 4.1 In 3-4 business days you will receive your funds in your bank account.