Do you want to see how to off-ramp your crypto with Mooni ? Follow this step-by-step tutorial!
There, you can choose your favorite web3 wallet. If you do not have a wallet, you can start by installing Metamask, which is one of the most used as a browser extention.
Mandatory fields are full name and IBAN account number. If you don't now that, please refer to your bank to find it. The Reference field corresponds to a message you can attach with the bank transfer.
You can provide more information if you wish.
Once you arrived at this step, it means that all the regulatory checks have been done, and that you are eligible for the transfer ! The order and exchange rate are valid for 10 minutes, if you make the payment within this timespan, then the wire transfer is guaranteed to go.
Now, you can check that the displayed information are correct. If not, please step back and change. If that's okay, you have to accept the terms.
(Do not pay attention to the rates on the screenshot, that's on test network 😉)
Now it's time to send the funds. Accept the transaction in your wallet. The picture displays the Metamask wallet, but it may be different if you use another wallet.
If you choose to pay with ERC20 tokens, you will have 3 transactions to accept (allowance, token exchange, and actual payment)
Ethereum transactions takes up to few minutes to validates.
Once the transaction is validated, you need to wait that our services catches it and send the wire transfer
At this step, everything is complete, the payment is validated and the wire transfer is sent. Now you have to wait that your bank receive the payment.
The payment can take up to few days to appear on your bank account ! With modern banks such as Revolut and N26, it can come in few hours, but for traditional banks in generally 1-2 working days. Be patient ;)