How to withdraw?

This guide will help you convert your cryptocurrency on the Neutron network into fiat currency that can be withdrawn to your bank or spent through services like Cypher Card.

Step 1: Transfer Assets to the Noble Network

The first step is to move your assets like from Neutron to a network compatible with off-ramping, such as the Noble network or Osmosis.

https://app.neutron.org/bridge?dest_asset=uusdc&dest_chain=noble-1

Step 2: Off-Ramp

Now that your assets are on the correct network, you can choose between two off-ramping options:

Option A: Withdraw to a Centralized Exchange (CEX)

This option allows you to transfer your USDC or EURe from Noble or Osmosis to a centralized exchange and withdraw it to your bank.

1. Choose Your Exchange:

   • Supported exchanges include Coinbase, Kraken, or Binance.

2. Get Your Deposit Address:

   • Log in to your exchange and find the Deposit section.

   • Select USDC and make sure the deposit network is Noble or Osmosis.

   • Copy the deposit address.

3. Transfer from Noble or Osmosis:

   • In your Keplr or Leap wallet, go to Send or Withdraw.

   • Enter the CEX deposit address you copied and confirm the transaction.

4. Convert to Fiat:

   • Once the tokens arrive in your CEX account, swap them for fiat currency (e.g., USD or EUR).

5. Withdraw to Your Bank:

   • Go to the Withdraw section, select your bank account as the destination, and confirm.

Option B: Monerium for EURe

Monerium provides a seamless way for European users to withdraw funds in the form of EURe, a regulated, blockchain-based euro token.

1. Create a Monerium Account

   • Visit https://monerium.app/ and sign up for an account.
   • Complete the KYC (Know Your Customer) verification process as required.

2. Connect Your Wallet

   • Link your blockchain wallet to your Monerium account.

3. Withdraw to Your Bank Account

   • After your EURe deposit is confirmed, initiate a withdrawal to your European bank account (SEPA zone).

   • Monerium will handle the conversion of EURe to euros and deposit the funds directly to your bank account.

Option C: Spend Using Cypher Card

You can also load your USDC or EURe onto a Cypher Card to spend it directly.

1. Sign Up for Cypher Card:

   • Visit Cypher Card and create an account. Referral code: ARENADAO1
2. Start Spending:

   • Use the Cypher Card for everyday purchases or ATM withdrawals.