Swap your digital assets for Euro directly within the app, with 1% commission. If your bank supports Instant SEPA, you will receive money in your account even faster!
Note: cash-out functionality is only available for DAI, USDC, USDT stablecoins. If you have other cryptocurrency in your wallet and want to sell them, you will need to swap to one of these assets first. The functionality is currently only available for the mobile version of the app.
How to cash-out
1) From the main menu, tap the "Need to cash-out? Do it in a jiffy!"
2) Read carefully the terms and conditions of the service. Remember that:
- the service is available only for DAI, USDC, USDT
- the service is active from Monday to Friday, from 9:00 a.m. to 5:00 p.m.
- the daily cashout limit is the equivalent of 10,000€ (ten thousand Euro)
- the account holder and the EidooID account holder must be the same
3) Tap on the green banner "Select cash out currency" and choose the stablecoin you want to sell
4) Enter your IBAN. Once entered, the IBAN will be saved and associated to your account. You can add other IBANs, as long as the linked accounts are in your name (it is not possible to cash-out a third party account).
5) Continue depositing the previously selected stablecoin and confirm the operation.
Congratulations! You have just sold your cryptocurrency. If the BAN you have indicated supports instant transfers, you will receive Euros into your account in just over an hour, otherwise the bank transfer will take up to three working days.