With IN1, you have various ways to sell crypto.
Here’s how to do it within the IN1 app:
Head to the “Crypto” tab at the bottom.
Choose the crypto you’d like to sell under Your holdings and tap "Sell”.
Enter the amount of crypto you want to sell. Or you can enter the amount to receive in USD, EUR, or other crypto. (You'll be able to receive in PLN in the future as well.)
With a drop-down arrow, you can change the cryptocurrency you want to sell as well as the destination to receive funds:
When selecting how to receive money, you can choose it from the list or "Add a new method" from the bottom.
On the next screen, review the transfer details and applicable fees.
Confirm the transaction.
The exchange rate for each crypto transaction is live. The exchange rate you see before confirming the transaction can differ when you actually confirm it.
Please note that you can experience higher fees when selling and transferring crypto to a card or an external bank account other than your IN1 Account.
FAQ:
What is the destination?
A destination is the end point of your transaction. If you are selling Bitcoin to get USD on your linked bank account, that external bank account is the destination of your transfer.
What happens if your destination for selling crypto is an external card or a linked bank account?
When you are selling and transferring crypto to an external card or linked bank account, two operations are happening:
Crypto is sold and converted into EUR.
The converted EUR amount is transferred to the recipient.
Please note: As of now, the converted amount from crypto to an external card or bank account can only be transferred as EUR.
If a payment gets rejected because of the recipient's external card or bank, we will credit the converted EUR amount to your IN1 Account.
What are my options for a destination method when selling crypto?
You can choose a destination from the following: any available crypto within the IN1, external linked card, IN1 Account (USD, EUR), or linked bank account.
In the future, you'll be able to choose your PLN IN1 Account for a destination as well.