How to withdraw

There are two withdrawal methods for USDC or SOL. First, a direct conversion of USDC and/or SOL to a local currency, followed by a direct transfer to a bank account, when local currency and location are supported. Second, a USDC and/or SOL withdraw to a cryptocurrency exchange

  • Creators can initiate a direct conversion of their crypto to the local currency at Only1, followed by a direct transfer to a bank account when local currency, location and payout to the bank are supported. This feature, which necessitates KYC verification, will be made available in the near future.
  • Alternatively, creators may choose to withdraw their USDC or SOL to a cryptocurrency exchange, preferably one that supports bank payouts in the creator's local currency.
    This is how to send the USDC or SOL to a crypto exchange:
    1. Tap the circular profile icon at the bottom right (or at the top left if on desktop)
    2. Select 'Wallet'
    3. Select 'Withdraw' to view the wallet withdraw interface
    4. Choose the currency to withdraw 'USDC' or 'SOL'.
    5. Below 'Address,' enter the USDC or SOL address of a crypto exchange account that is going to receive the digital curency. Please double-check the address and make sure that the receiver exchange supports the chosen currency for the Solana Network. When in doubt, get professional help!
    6. Below 'Amount' choose the USDC or SOL amount to send.
    7. Once selected hit the purple 'Send' button at the bottom right corner to send the digital currency
      Note: Withdrawing USDC requires a small amount of SOL (approximately 0.00005 SOL, which is around $0.01 per withdrawal)

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