You can cash out cryptocurrency using the AdvCash service or using third-party exchangers.
How to cash out cryptocurrency through the Advcash
Only some cryptocurrencies can be exchanged through Advcash. You can get acquainted with the list of cryptocurrencies available for exchange by following the link (registration on Advcash is required).
1) Cryptocurrency exchange
If you do not have a cryptocurrency from the list above, then you can always exchange your cryptocurrency for a necessary cryptocurrency through the Swap service or Trading terminal.
a) To exchange one cryptocurrency for another using the Swap service, log in to your WX Network account, hover over the "Trading" item at the top menu and in the "Swap" section, select a pair or click on "Other Pairs".
In the next step, you need to select token you want to swap as well as token you want to receive. When you make a choice, and enter the amount of spending token, an amount of receiving token will be displayed in the "I Receive" field.
Finally, it remains only to familiarize yourself with the Swap Rate, Slippage, and Fees and click the "Swap" button.
Within the minute, you will receive your tokens!
b) to exchange cryptocurrency you have for a necessary one, log in to your WX Network account and click on the "Trading" item at the top menu.
After that, fill in the "Sell WX" order form (specify a necessary price and amount) and click on the "Sell WX" button.
When your order is fullfiled, you will be able to cash out received cryptocurrency.
2) Next step is cashing out the cryptocurrency.
If you’ve used AdvCash to buy some crypto with your card and completed the KYC, you already have a verified AdvCash account. If not, you can easily register on AdvCash.
Click on the "Deposit Funds" on the Advcash site, select the fiat currency and enter an amount that you want to receive on your bank card. Next, select the cryptocurrency you want to exchange for the fiat currency and click the "Deposit" button.
In the next step, check out the exchangу data, select the transfer network (optional) and click on the "Confirm" button. Then, your deposit address will appear. You need to transfer particular amount of choosed cryptocurrency to this address by following the instruction and then click "I HAVE PAID" button. Once necessary amount is credited on the deposit address, it will automatically exchange to fiat currency.
Final step is withdrawing fiat to your bank card. Choose "To a Visa/MC" and select the region where your card was issued.
Note: withdrawing fees depend on the region.
After that, famialize yourself with the withdrawing conditions and fees, enter the amount to be withdrawn and enter details of your bank card. Check the specified data and if all is OK, click on the "Continue" button. It can take up to 3 business days for the transfer to go through.
How to cash out cryptocurrency via a third-party service
1) Choose Exchanger
a) Go to https://www.bestchange.com/ and choose your desired cryptocurrency on the left (for example, Bitcoin). In the right-hand column, choose where you’d like to cash out your assets - for example, Visa/MasterCard USD. You’ll see a list of available exchangers and the exchange rates they offer:
b) Click on the Exchanger name to go to its website. Double-check the terms, rates, and commissions. Note that most exchangers do not serve cards issued in the US.
c) You’ll be provided with an address where you should send your cryptocurrency by following the instruction. Once the exchanger receives the crypto, they will send USD to your card. You should receive it within 72 hours.
2) Cryptocurrency exchange
If you do not have a cryptocurrency that can be cashing out, exchange your cryptocurrency for a necessary one through the Swap service or Trading terminal. Just follow the steps form the previous section of this article.
If you have any questions related to WX Network, feel free to contact us.
tags*: bank debit credit card purchase sell fiat