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🌸 Moving Your Money from Zobo to Binance P2P, Bybit & Other Exchanges

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Written by Zobo App
Updated over a month ago

Want to convert your USDC earnings into local currency or other cryptocurrencies? Here's how to move your Zobo funds to major crypto exchanges like Binance P2P, Bybit, and others.

Why Use This Method?

Using crypto exchanges, especially P2P (peer-to-peer) platforms, gives you:

  • Better exchange rates for converting to local currency

  • Access to other cryptocurrencies

  • More withdrawal options specific to your country

  • Often faster processing times

Step-by-Step: Zobo to Binance P2P

Step 1: Set Up Your Binance Account

If you don't have one already:

  1. Download Binance from the App Store or Google Play

  2. Sign up and complete KYC verification

  3. Navigate to your Binance wallet

Step 2: Get Your Binance Deposit Address

  1. In Binance, go to "Wallet" → "Spot Wallet"

  2. Search for "USDC"

  3. Tap "Deposit"

  4. Select Base network (very important—Zobo uses Base for USDC)

  5. Copy your USDC deposit address

Step 3: Withdraw from Zobo

  1. Open Zobo and go to your wallet

  2. Select "Crypto Withdrawal"

  3. Choose "USDC on Base"

  4. Paste your Binance deposit address

  5. Enter the amount you want to send

  6. Double-check the address and network

  7. Confirm the transaction

Your USDC should arrive in your Binance wallet within a few minutes.

Step 4: Use Binance P2P

  1. In Binance, go to "P2P Trading"

  2. Select "Sell" and choose "USDC"

  3. Choose your preferred payment method (bank transfer, mobile money, etc.)

  4. Browse offers from verified merchants

  5. Complete the trade to get local currency directly to your bank or mobile wallet

Using Bybit

The process for Bybit is similar:

  1. Create and verify your Bybit account

  2. Get your USDC deposit address for the Base network

  3. Withdraw from Zobo to your Bybit address using crypto withdrawal

  4. Once received, use Bybit's P2P platform or convert to other cryptocurrencies

  5. Withdraw to your local payment method

Using Other Exchanges

Most crypto exchanges support USDC. The key steps remain the same:

  1. Create an account on your preferred exchange

  2. Complete their KYC verification

  3. Find your USDC deposit address for the Base network

  4. Withdraw from Zobo to that address

  5. Use the exchange's features to convert or withdraw

Critical Reminders

Network Selection is Crucial: Always select the Base or Ethereum network when depositing USDC from Zobo.

Double-Check Addresses: Crypto transactions cannot be reversed. Always verify the address is correct before confirming.

Start with Small Amounts: If it's your first time, send a small test amount to make sure everything works correctly.

Save Your Addresses: Once you've successfully sent to an exchange address, save it in Zobo for future transactions. They are auto saved by default

Checking Exchange Rates

Before you move your funds:

  1. Check Zobo's current rates at Account → Rates

  2. Compare with the P2P rates on your chosen exchange

  3. Calculate total fees to see which method gives you the best value

Typical Timeline

  • Zobo to Exchange wallet: 5-15 minutes

  • Exchange P2P trade: 15-30 minutes (depends on merchant)

  • Total process: Usually under 1 hour from Zobo to your bank account

Troubleshooting

Transaction Pending Too Long?: Check the blockchain explorer for your transaction. Most Base network transactions confirm within minutes.

Funds Not Showing in Exchange?: Verify you used the correct network (Base) and wait up to 30 minutes. Contact the exchange's support if it takes longer.

Wrong Network Selected?: If you accidentally sent to the wrong network, contact both Zobo support and your exchange support immediately. Recovery may be possible but isn't guaranteed.

Need Help?

If you encounter any issues moving your funds to an exchange, reach out to Zobo support through the in-app chat or email.

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