Withdraw to bank
Mock partner The current version uses a mock partner. The connection to the TransFi sandbox is the next step.
You can convert ZEC to a local currency, for example IDR, through a licensed off-ramp partner. You are the customer of the partner. The partner does the identity check and pays your bank account.
Lunaz creates the order, shows the deposit details and tracks the status. Lunaz never holds your funds. It keeps only the bank name and the last 4 digits of the account number.
Withdraw
Section titled “Withdraw”-
Open the Withdraw page in the dashboard.
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Enter the amount of ZEC.
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Select the currency.
The dashboard shows a quote with the rate, the fees and the amount that you receive.
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Create the withdrawal.
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Complete the identity check and select your bank in the partner step.
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Send the exact amount of ZEC from your wallet to the deposit address.
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Wait for the status
completed.The partner sends the money to your bank account.
Quote and fees
Section titled “Quote and fees”A quote is valid for 10 minutes. The minimum is 100000 zat. In the mock, the partner fee is 1.5% and the network fee is 0.0001 ZEC. The rates in the mock are indicative and are not real rates.
The received total on the Withdraw page counts the payments that Lunaz detected. It is not the balance of your wallet.
Statuses
Section titled “Statuses”| Status | Meaning |
|---|---|
awaiting_kyc |
You must complete the identity check and select a bank. |
awaiting_deposit |
The partner waits for your ZEC. |
deposit_received |
The partner received your ZEC. |
converting |
The partner converts ZEC to fiat. |
payout_processing |
The partner sends the money to your bank. |
completed |
The money is paid. |
expired |
The quote or the deposit window passed. |
failed |
The withdrawal failed. |
cancelled |
You cancelled the withdrawal. |
You can cancel a withdrawal before deposit_received. Each status change sends a withdrawal.updated webhook. See Webhooks.