Here are the steps you need to complete:
Step 1 - Login to your dashboard
- In your Wyre dashboard, click on Send Money.
Step 2 - Select currency pairs
- In the field title, You Send, select the source currency from the dropdown menu.
- In the field title, Recipient Gets, select the destination currency from the dropdown menu.
Step 3 - Enter amount
- Enter the amount you want to send in the field You Send. Our system will automatically add the equivalent under the Recipient Gets field.
- At this point, you will be able to see exactly what amount you are able to convert and send.
Please Note: For USD, the minimum amount is $5.00. For other FIAT currencies, please check here.
- In the example above 👆, we are exchanging DAI to USD. You can see the exchange rate and conversion fee.
- Wyre charges a 0.75% service fee to exchange fiat to crypto. To learn more about our fee structure, please visit here.
Step 4 - Send Money
- In the final field, Recipient, click the dropdown and choose your desired bank account to cash out these funds. Only bank accounts that have been previously linked will appear in this dropdown list.
Step 5 - Confirm your transfer
- To convert and send, click the Continue button.
- In the next screen, it will prompt you to review your transfer.
- If all information appears correct, proceed to click accept Terms of Service and Send.
- If information needs to be corrected, please click the X in the top right corner and re-enter your information as previously outlined in Steps 2-4.
Step 6 - Success!
- Once you click Send, the transfer will be on its way and a confirmation window will appear. You will also receive a confirmation via email.
- Your funds will arrive in your bank account in 1 - 2 business days. For any other currencies, please check here for processing times.
- For more information about your transfer, you can go to your dashboard homepage and scroll down to section Recent Transactions.