How can I sell crypto and withdraw money to my card?
Modified on: Fri, 30 Jul, 2021 at 2:23 PM
Right now Lumi Wallet doesn't support sell function.
At the moment withdrawing to the card, PayPal or bank account is not available in Lumi. There are two possible options.
1. Stablecoins
If you would like to fix your crypto’s fiat value, we would advise you to consider exchanging your crypto to stablecoins. Stablecoins are assets that have their price per coin fixed and are backed by fiat currencies. The exchange rate of stablecoins is not subject to change due to the market’s situation and that makes them perfect for a store of value.
In Lumi we support the most popular stablecoins:
- Tether (USDT)
- USD Coin (USDC)
- Binance USD (BUSD)
- DAI (DAI)
All of them (except DAI) are USD-backed stablecoins and are about 1$ per coin.
If our partner Changelly supports your crypto, you can exchange to a stablecoin of your choice in the app. Please note that the miners’ fees will be applied to this exchange.
2. Exchanges
If you still would like to withdraw your crypto, we would suggest sending your crypto to the following exchanges recommended by Lumi:
- https://www.coinbase.com/exchange
We always ask you to check all rules and conditions beforehand and use only trustworthy and reliable exchanges. Please note that Lumi is not responsible for any transactions made on other services.
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