MIR4 is a free-to-play MMORPG that incorporates a play-to-earn NFT model. It has its own utility token called “Draco,” based on blockchain technology, which can be minted by playing the game. Players need to mine “Darksteel” in-game, then smelt it to obtain Draco. Smelting 100,000 Darksteel (plus a small fee paid in Darksteel, too) will produce 1 Draco.
If you want to know how to convert your Draco to GCash, you can follow this comprehensive guide.
How to Cash Out MIR4 Draco to GCash (Step-by-Step Tutorial)
Requirements:
Procedure:
Step 1: Log in to your WEMIX wallet app. On the homepage, click ‘Draco’ under Tokens. After that, select ‘DEX’ (Decentralized Exchange).
Step 2: Under the ‘Order’ main tab, click ‘Sell’ and select the ‘Max’ button or enter your desired amount. Now, click the ‘Sell’ button and confirm your password.
Step 3: After selling your Draco, it will go to ‘Order’ next to the ‘Sell’ tab. Click the ‘Collect’ button then ‘OK’ and confirm your password. Draco will then be converted to Wemix credit.
Step 4: Go back to the homepage and select WEMIX CREDIT. After that, choose the ‘Exchange to WEMIX’ option.
Step 5: On the ‘Exchange to WEMIX’ page, click ‘Max’ then ‘Next’, and you will proceed to the next screen, wherein you will click ‘Next’ again. Confirm your password. Wemix Credit will then be converted to Wemix.
Step 6: Go back to the homepage again and select WEMIX. After that, choose the ‘KLAY Swap’ option, and you’ll be redirected to a page where you will click the ‘Max’ button and the ‘SWAP’ button. Tick all the checkboxes in the ‘Risk & Security’ prompt, click the ‘OK’ button, and tap the ‘SWAP’ button again. Confirm by clicking the ‘Swap’ in the ‘Transaction request’ prompt. Enter your password for confirmation. Your Wemix will then be converted to Klay.
Step 7: Log in to your Binance account. On the homepage, click ‘Wallet’ in the menu and select ‘Fiat and Spot’ (Deposit and Withdraw).
Step 8: On the ‘Fiat and Spot’ page, find KLAY and click Deposit.
Step 9: Once you’re on the ‘Deposit Crypto’ page, copy the ‘Address’ with a combination of numbers and letters.
Step 10: Return to your WEMIX Wallet app, go to KLAY and select ‘Send tokens’ in the option. Paste the copied address from Binance and click the Next button. On the next page, click Max and Next. After that, click Transfer and confirm your password. Your Klay will then be transferred to Binance. For mobile app users, you will receive a notification that you received it.
Step 11: Go back to Binance and refresh the page. You will see your transferred Klay under the ‘Recent Deposits’ section.
Step 12: Go to the ‘Fiat and Spot’ menu, find KLAY, and its BTC value must be at least USD 10, then click Trade > KLAY/USDT. You will then be redirected to the ‘KLAY/USDT’ page. (For assets USD 9 and below, you can check the guide in the latter part)
Step 13: Under the ‘Spot’ section, click the ‘Market’ tab. Adjust the amount of KLAY to the max and click the ‘Sell KLAY’ button.
Step 14: After that, go to the ‘Funding’ menu. Find USDT, click Transfer, and a pop-up will occur showing transfer from [Fiat and Spot] to [Funding]. Select MAX, then Confirm.
Step 15: Still in the ‘Funding’ menu, find USDT and click Sell. (Take note of the USDT total amount and convert it to Pesos, as reference for the ‘Limit’ later).
Step 16: Once you’re on the ‘Buy and Sell Bitcoin’ page, find the ‘Fiat’ dropdown menu and search PHP. In the ‘Payment’ menu, select GCash.
Step 17: Find an ‘Advertiser’ that shows a ‘Limit’ within your range. Click on the ‘Sell USDT’ button, and it will expand the menu. Under the ‘I want to sell’ field, click All, and you will see the PHP (Philippine Peso) value that you will receive. Then, click Sell USDT.
Step 18: On the ‘Sell USDT’ page, never release the crypto until you receive payment from the buyer. For verification purposes, enter your GCash Account Number and Name in the chatbox, and wait for 15 minutes. Once you receive a text message from your GCash-registered mobile number indicating the fund transferred, click Confirm release, check I confirm the payment, and select Confirm release. For security verification, enter the code you received from your Binance-registered mobile number, and click Submit.
That’s it, and you’re done. You’ve successfully converted your Draco to GCash.
For small assets of USD 9 and below, you can check the guide below.
1. On the Binance, go to Fiat and Spot and click Convert Small Balance/Assets.
2. Check Klay, then convert.
3. Once converted to BNB, click Transfer.
4. Click BTC, then search BNB.
5. In the Amount, click Max, then Confirm.
6. Now that it is converted, you can sell it now. Go to Wallet > P2P.
7. Sell > BNB > Click filter (Small inverted triangle icon on upper right at the bottom of 3 dots).
8. Click All, then search GCash.
9. Input your GCash account number.
10. Proceed.
Draco Exchange Rate
Draco’s exchange rate varies every day. As of this writing, 1 Draco is around USD 6 (~PHP 300). You can monitor the changes via mir4draco.com/price.
Conclusion
If you have a fully verified GCash account, you can withdraw your money at any ATM nationwide.
Regarding Gas fees, they are the transaction fees that you need to pay to execute a transaction. Gas fee value varies depending on several factors, such as network traffic.
What can you say about this tutorial on how to withdraw Draco to GCash? You can leave your feedback below.
Tutorial: How to Cash Out MIR4 Draco to GCash
Source: Magandang Gabi Viral
0 Comments