How do I cash out or make a withdrawal?

Upon finalizing a sale on Gameflip, your earnings (the selling price minus any relevant fees) will be credited to your Wallet balance. Initially, these funds might be marked as pending, a status that varies based on factors such as your account's history and the type of item you sold. Established sellers with a solid, positive presence on Gameflip typically see their earnings become available right away, whereas those newer to the platform may face a brief waiting period.

When your sale proceeds move to your balance, you're presented with various options for withdrawal through our associated payment providers: Payoneer, Skrill, or directly into your Bitcoin wallet. It's crucial to remember that these are autonomous, third-party services. Some of them require you to maintain an active account for the purpose of withdrawing your funds. To facilitate a seamless withdrawal experience, it's advisable to set up and verify an account with your chosen provider beforehand. They may need certain documentation from you, depending on where you are located.

Each withdrawal option is subject to its own set minimum withdrawal amounts and associated fees. Additionally, the duration it takes for your funds to be accessible can differ based on the selected method, your pre-existing relationship with the provider, and the currency in which you choose to receive your funds.

For comprehensive specifics on each withdrawal method, including step-by-step guidance on how to proceed with a withdrawal request, please see the detailed information that follows

Web and Mobile Web

• Go to Menu > Wallet > USD Wallet > Withdraw

• Select your payout provider of choice
• Enter the desired amount (or use Withdraw Max to withdraw all) and press "Confirm Payout"

Android/iOS apps:

• Menu > Wallet > USD Account > Available (under Cash from Completed Sales)
• Select the option available or appropriate for you 
• Enter the Request Amount and press Next

Payoneer

With more than 200 countries supported, get easy and reliable international bank transfers with Payoneer. Create your Payoneer account and link it to your Gameflip account.  You only need to set this up once for all subsequent payouts.

If you encounter issues, please visit Payoneer's Support Center. Payoneer charges fees depending on the currency and country you choose to receive. The fees may vary based on the type of transfer and you can find out more by visiting their website.

Once the withdrawal request is initiated and the status shows in transit, you will need to check your Payoneer account for subsequent updates. In most cases, it takes 2-5 days to receive your funds through Payoneer. Check Payoneer's help article for more details.

Note:  whenever you link your Payoneer account to Gameflip, it may take up to 5 business days so you can start withdrawing with it. This process happens on Payoneer's end while they update the information of your account, therefore, we can't speed it up.

Skrill

In business since 2001, Skrill is a proven payment solution that offers a reliable digital wallet to gamers worldwide.

You can sign up for a Skrill account and request the payout to your Skrill account using the same email address you had verified with Gameflip.  If you request the payout without having a Skrill account, one will be created for you.  However, Skrill may request additional information for your account before you can access your funds.

Skrill charges fees depending on the currency and country you choose to receive. The fees vary based on the type of transfer and you can find out more by visiting their website.

Once the withdrawal request is initiated and the status shows in-transit, you will need to check your Skrill account for subsequent update. Skrill aims to deliver your funds 24-72 hours in most cases, but the exact timing depends on your account and currency.  Check Skrill's FAQs for more details.

Routable

You can now use Routable to receive your sales proceeds from Gameflip. Established to facilitate seamless payments, Routable offers a reliable platform for managing payouts efficiently.

Setting Up Routable for Payouts:

Sign Up: Create a Routable account using the email address you've verified with Gameflip. If you request a payout without an existing Routable account, one will be created for you. Please note, Routable may require additional information before you can access your funds.

Request Payout: Navigate to your Gameflip account wallet and select Routable as your payout method. Ensure that the email address matches the one associated with your Routable account.

Fees and Processing Times:

Fees: Routable charges fees based on the payment method and transaction speed. For instance, standard domestic ACH transfers may have a fee of $0.49, while same-day ACH transfers could cost $2.00. International payments and currency conversions may incur additional fees. For detailed information, please refer to Routable's pricing page.

Processing Time: Once your withdrawal request is initiated and the status shows "In Transit," monitor your Routable account for updates. Processing times vary depending on the chosen payment method and destination country. For example, standard domestic ACH transfers typically take 4-5 business days, while expedited options are available for faster delivery. Check Routable's FAQs for more details.

Bitcoin

To withdraw in Bitcoin, you will first need to apply and get approval with Gameflip. Please note that the Bitcoin payout request can take between 1-4 days to be paid, depending on the Bitcoin network congestion. The Bitcoin exchange rate fluctuates greatly and will be determined at the time of when the payout occurs, not when the withdrawal request occurs. This means that depending on the exchange rate, you may receive more or less than expected at the time of the withdrawal request. Exchange rates are always converted from USD > BTC. Please see How to withdraw Bitcoin for more information.

USDC

Withdrawal Fees 

Payoneer

$0.00 to $54.99: Not available
$55.00 and above: 1.00% + $1 USD

Skrill

$0.00 to $4.99: Not available
$5.00 and above: 2.00% + $1 USD

Routable

$0.00 to $54.99: Not available
$55.00 and above: 1.00% + $1 USD

Bitcoin

$0.00 to $99.99: Not available
$100.00 and above: 2.50% + $2 USD

USDC

Note: The fees above do not include those that may be deducted from the withdrawn amount by the bank or the payout provider.

Payout Restrictions

Starting on May 1st, 2019, payouts will have the following restrictions:

Payoneer

- Up to $5,000.00 per payout request
- Up to $12,000.00 within a rolling 7 days window

For example: If a seller requests two payouts of $5,000.00 for two consecutive days, he/she will have to wait 6 days to be able to request up to $5,000.00 (referring to the first payout he/she made).

Skrill

- Up to $5,000.00 per payout request
- Up to $10,000.00 within a rolling 7 days window

Routable

- Up to $5,000.00 per payout request
- Up to $10,000.00 within a rolling 7 days window

Bitcoin

- Up to $3,500.00 per payout request
- Up to $7,000.00 within a rolling 7 days window

USDC

- Up to $3,500.00 per payout request
- Up to $7,000.00 within a rolling 7 days window