Easily & Securely Sell Your Crypto with RioWallet x MoonPay

RioDeFi
3 min readJan 10, 2022

Our latest development with Moonpay will now enable RioWallet Web users to easily convert their Crypto into Fiat in less than 5 minutes.

MoonPay is one of the global leaders trusted by over 5 million customers with crypto on and off ramping, RioWallet Web is a multi chain wallet that supports the world’s biggest blockchain ecosystems including RioChain, Binance Smart Chain & OEC.

For more information, please visit https://riodefi.com/wallet

Below is an everything you need to know guide on how to sell your BTC, ETH or USDT via RioWallet Web to Fiat

Which tokens can I sell on RioWallet?

  1. BTC
  2. ETH
  3. USDT

More tokens are coming shortly.

Countries You Can Sell Crypto In

  1. EU
  2. UK
  3. US (except Louisiana, New York & Texas)

Stay tuned as we continually open up more countries to easily off ramp your crypto to fiat.

Which bank accounts are supported for withdrawals?

Euro bank accounts that can receive SEPA payments, UK bank accounts that can receive FPS payments, & US bank accounts that can receive ACH payments.

Is there a minimum amount I can sell?

The minimum transaction amount for each supported crypto is:

  1. BTC: 0.001
  2. ETH: 0.01
  3. USDT: 30

What transaction fees would I pay?

To sell your crypto via MoonPay, there will be two charges. First is a withdrawal from RioChain to MoonPay. Second is the MoonPay processing fee.

The fee schedules are:

  1. Withdrawal fee from RioChain:
  • Sells rEth or rUSDT ( 0.01 Eth + 0.1 RFuel)
  • Sells rBTC (0.00022 BTC+ 0.1 RFuel)

2. MoonPay processing fee

The higher amount between a minimum of 1% of transaction fee or €3.99/£3.99/$3.99

How long does it take for the transaction to appear in my bank account?

UK — within 1 working day of MoonPay receiving your cryptocurrency.

EU — within 1–3 working days of MoonPay receiving your cryptocurrency.

US — within 3–4 working days of MoonPay receiving your cryptocurrency.

About RioDeFi

RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services.

We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.

To learn more about RioDeFi, please visit:

Website: https://www.riodefi.com

Twitter: https://twitter.com/riodefiofficial

Telegram Announcement: https://t.me/riodefiofficial

About MoonPay

MoonPay is the new standard for fiat to crypto. We are a marketplace between cryptocurrency exchanges and users facilitating instant non-custodial purchases of major cryptocurrencies. Our mission is to make crypto accessible to everyone. Founded in 2018, MoonPay is working with leading companies to solve the fiat-to-crypto onramp challenge. We offer best-in-class developer tools, including a customisable widget and public APIs, to enable companies to build seamless purchase experiences. MoonPay operates in over 160 countries and provides 24/7 customer support in 8 languages.

www.moonpay.io

--

--