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How to turn your MOONs to BTC (Simple, Quick, Low Fees)

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by COINS NEWS 120 Views

This is a tutorial on how to turn your Moons to Bitcoin. (All needed gas fees for free)

This is NOT advice on whether you should do this or not in the first place, It might be better if you just hold your MOONs instead. Also, avoid withdrawing more than 25% of your MOONs to avoid getting less moon ratio.

  • Step 1: Have your MOONs (Reddit Vault) imported to a Metamask wallet. This is a detailed guide.
  • Step 2: Use Sushi.com/swap, In the top connect your wallet (put it on Arbitrum Nova network) and select Arbitrum nova network on the Sushi site as well.
  • Step 3: Select Moons in the top field, and USDC in the bottom field, Approve and send. (You might need Arbitrum Nova ETH gas fees, to get some try novafaucet.com)
  • Step 4: Go to Orbiter.finance, make sure USDC is the selected token to bridge, choose Arbitrum Nova in the top field, and Polygon in the bottom field (NOT Polygon zkEVM), and approve it.
  • Step 5: Go to Fixedfloat.com, select USDC (of the polygon network) in the left field, and Bitcoin in the right field. Enter the amount you want, and provide your bitcoin address (Get a bitcoin wallet if you do not have, Exodus Wallet for example or anything else)
  • Step 6: click Exchange Now. and follow the steps. You will need to send the exact Polygon USDC amount to the address they provide. (do this with the send button when USDC is selected in Metamask)
  • Step 7: wait a couple of minutes (it was somewhat quick for me but it varies). Your BTC should be deposited in your wallet nearly instantly when the steps are complete on the FixedFloat site.

And that is it! you are done. Total fees lost are probably not much more than around a dollar or so. (might be variable depending on the congestion of the time you do it)

edit: I know you can do this on a CEX, this post is for doing it directly from Metamask, and without having to go through registrations, or KYC. you can do via CEX if you want!

submitted by /u/thespygorillas
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