Ana 0 Posted February 10 Share Posted February 10 Hello, Could you please let me know how can I sell elrond from my wallet and transfer the money back to my card? Do I need to delegate in order for me to sell them? Thank you Quote Link to post Share on other sites
Elrond Team Adrian Dobrita 19 Posted February 10 Elrond Team Share Posted February 10 9 minutes ago, Ana said: Hello, Could you please let me know how can I sell elrond from my wallet and transfer the money back to my card? Do I need to delegate in order for me to sell them? Thank you Hi Ana, check out this reply: https://forum.elrond.com/topic/506-trust-wallet-faq-swap-erd-erc20-to-erd-bep2/?do=findComment&comment=1170 Quote Link to post Share on other sites
Ana 0 Posted February 10 Author Share Posted February 10 Hi Adrian, I am not sure if this helps me...I am new to this so I don't know what is ERD BEP2.. I have tried to sent them to MetaMask and after that to withdraw them through https://stake.elrond.com/, but on MetaMask I don't see the option for Elrond. Quote Link to post Share on other sites
Elrond Team Adrian Dobrita 19 Posted February 10 Elrond Team Share Posted February 10 33 minutes ago, Ana said: Hi Adrian, I am not sure if this helps me...I am new to this so I don't know what is ERD BEP2.. I have tried to sent them to MetaMask and after that to withdraw them through https://stake.elrond.com/, but on MetaMask I don't see the option for Elrond. Hi Ana, I was referring to exactly the last reply in the thread which I linked above, so this one: Quote There are several options that allow you to exchange eGold for fiat money, each of them has different rates but the most advantageous ones are directly on Binance.com or via Crypto.comOn Binance you can first sell eGold for the USDT stablecoin , then exchange it into Euro and wire it to your bank account. The offramp process is similar for Crypto.com Before figuring the below please do not try to send your tokens, as if you don't know what you are doing you might lose your funds. So first, what wallet do you use, where you had/have your elrond tokens? e.g maiar, wallet.elrond.com, trustwallet, etc Quote Link to post Share on other sites
Ana 0 Posted February 10 Author Share Posted February 10 Hi Adrian, I am not sure if this helps me...I am new to this so I don't know what is ERD BEP2.. I have tried to sent them to MetaMask and after that to withdraw them through https://stake.elrond.com/, but on MetaMask I don't see the option for Elrond. 2 minutes ago, Adrian Dobrita said: Hi Ana, I was referring to exactly the last reply in the thread which I linked above, so this one: Before figuring the below please do not try to send your tokens, as if you don't know what you are doing you might lose your funds. So first, what is your wallet where you had/have your elrond tokens? e.g maiar, wallet.elrond.com, trustwallet, etc Hi Adrian, I have them in wallet.elrond.com Quote Link to post Share on other sites
Elrond Team Adrian Dobrita 19 Posted February 10 Elrond Team Share Posted February 10 1 minute ago, Ana said: Hi Adrian, I am not sure if this helps me...I am new to this so I don't know what is ERD BEP2.. I have tried to sent them to MetaMask and after that to withdraw them through https://stake.elrond.com/, but on MetaMask I don't see the option for Elrond. Hi Adrian, I have them in wallet.elrond.com Ok, then if you want to use Binance for the exchange from crypto, you will need to create an account on www.binance.com After logging into your account you can find your binance egld address (make sure the selected "Deposit Network" is EGLD) here: https://www.binance.com/en/my/wallet/account/main/deposit/crypto/EGLD your address should look like "erd1......." use the copy button to copy the address, then go to your wallet at wallet.elrond.com and send the funds you want to convert back to fiat to your binance egld wallet (at the address you previously copied). You will need to wait some minutes until you will see the funds appearing in your binance account. After getting your egld in binance you can exchange there into fiat and send them to your bank account. Quote Link to post Share on other sites
Maarten 1 Posted February 11 Share Posted February 11 Binance does not seem EGLD to convert to fiat. I can convert ETH to USDT and then to EUR. But the option for EGLD does not seem to be there in the convert dialog. I must be missing something. Best regards, Maarten 1 Quote Link to post Share on other sites
Elrond Team Adrian Dobrita 19 Posted February 11 Elrond Team Share Posted February 11 1 hour ago, Maarten said: Binance does not seem EGLD to convert to fiat. I can convert ETH to USDT and then to EUR. But the option for EGLD does not seem to be there in the convert dialog. I must be missing something. Best regards, Maarten Yes, I think first you need to convert to USDT for example, and only after to fiat, forgot to mention that, thanks @Maarten Quote Link to post Share on other sites
Maarten 1 Posted February 12 Share Posted February 12 Sorry can not find this option. Only conversion available is from ERD to EGLD. EGLD is not available in the from field in the Binance conversion. Should I look somewhere else than the Convert & OTC portal Quote Link to post Share on other sites
Alex Sebastian Radu 1 Posted February 12 Share Posted February 12 (edited) Hi! I see that you still have the ERD tokens. Here is a short guide on how to exchange your coins for Fiat: 1. First, you would need to swap the ERD tokens for eGLD (just click on convert next to your ERD wallet in Binance and you will arrive here ) 2. Second, click on "Trade" -> "Classic" and search the eGLD/USDT pair (here you can convert eGLD for USDT by setting a sell order) 3. Finally, convert your USDT to EUR. Best regards! :) Edited February 12 by Alex Sebastian Radu 1 Quote Link to post Share on other sites
Maarten 1 Posted February 12 Share Posted February 12 Ahh, I did not do a trade like that yet. Seems obvious now. Thanks a lot. Best regards, Maarten Quote Link to post Share on other sites
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