How can I redeem TRYB?

BiLira Token
BiLira Support
January 15, 2021

How can I redeem TRYB?

There are two different ways to redeem TRYB. You can either redeem your TRYB from the cryptocurrency exchanges where BiLira is listed, or you can withdraw funds  to your bank account by redeeming TRYB directly on the BiLira Platform. 

To redeem TRYB on the BiLira Platform:

  • First of all, if you do not have a bank account registered on the platform, register it by entering a name and IBAN number from the "Add a new bank account" button.
  • There will be  two different wallet addresses for trading TRYB depending on whether you decide to execute the process on Ethereum or Avalanche. Make sure you use the correct wallet address for your transaction.Transfer the amount of TRYB you want to redeem to the fixed TRYB Deposit Address either from cryptocurrency exchanges or from your digital wallet.
  • If you want to redeem TRYB to both your Ethereum and Avalanche chain wallets at the same time, the total amount of TRYB you want to redeem in both chains will be reflected in your balance.
  • After your transfer is complete, the amount you want to redeem will be reflected in your balance. After selecting the bank account you want to transfer your money to, you can redeem as much TRYB (minimum 250 TRYB) as you want in the "Amount" section and withdraw your money to your bank account.
  • After opening your request, if your transaction status isn't in "Processing", you can cancel your request and make a TRYB redemption request to withdraw your money to a different bank account.

You can get more details on how to redeem TRYB on our platform by  watching the video below from our video series "Using the BiLira Platform".