Withdraw VUB to UB
Last updated
Last updated
How to withdraw your VUB (Virtual UB) to UB (Blockchain UB) Tokens?
Login to your UTOPIA Dashboard https://utopiabot.app/login
Go to Account Settings
Under UB/VUB section, click on the red withdraw button
You should then see the screen as shown below
Enter a wallet address you want the UB tokens to be sent to
Enter the amount of VUB you want to withdraw (current daily limit 9,697-48,487 VUB)
Confirm buy clicking CASH OUT button
Transaction log will show withdrawal pending (Yellow DOT), allow upto 12-24hrs for the process to complete, once confirmed the log will show complete (Green DOT) with link to Etherscan so you can see tokens delivered to your chosen wallet
ā ļø When converting/removing VUB Tokens to UB Tokens, there is no buy/sell tax implications to do so. A small Gas Fee will be taken (UB tokens equivalent) to cover fees to transfer tokens from deployer to the designated wallet. Example: 25,000 VUB ($250 worth) removed from system, Gas Fee is $3 (this is the same comparison if you was sending ETH direct to another wallet) 100VUB = $1 on this example, so 300 VUB would be deducted, you would receive 24,700 UB Tokens 1 VUB = 1 UB (All VUB is allocated on a 1:1 basis)
The order will be executed when gas on Ethereum is lower than 50 Gwei.
Withdrawal Conditions: ā Distributed Rewards/Rev Share (Holders of 0.1%/100k UB/VUB combined): To cash out your VUB rewards you must have a minimum of 100k tokens combined to activate the cash out process ā All Games/Tasks Rewards (Holders of 0.01%/10k UB/VUB combined): To cash out your VUB rewards you must have a minimum of 10k tokens combined to activate the cash out process