How to Claim (Offramp) your Winnings Using Mudrex

This Article shows how to claim your rewards and offramp them - using Mudrex.

1. Installing and KYC Process (Time Taken <5min)

  • Install and Sign Up:

    • Download the Mudrex app from the Play Store.

    • Sign up using your mobile number.

  • Verify Your Identity:

    • Select your country and verify your email ID.

    • Provide PAN card details and complete Aadhaar verification via DigiLocker.

  • Liveliness Check and Additional Details:

    • Perform the liveliness check.

    • Fill in the additional required details.

  • Bank Account Verification:

    • Submit your bank account details.

    • Receive ₹1 as a verification process reward.

2. Claim your Rewards (Time Taken <2min)

  • Get Mudrex USDC Wallet Address:

    • Search for the USDC coin on Mudrex.

    • Click on 'Deposit,' select the Polygon POS chain (very important - or else you may lose rewards), and copy the token address.

  • Claim Rewards:

    • Use the copied USDC wallet address from Mudrex to claim your rewards on Chaquen.(Token will reflect on Mudrex between 30-40 mins generally)

3. OffRamp that reward! (Time Taken <40 minutes generally)

  • Locate USDC:

    • In your Mudrex portfolio, locate the USDC coin.

  • Convert USDC to USDT:

    • Sell the USDC coin to convert it into USDT.

  • Withdrawal Process:

    • Select the withdrawal option for USDT and directly withdraw the USDT to your bank account.

  • You have now successfully transferred your rewards to your bank account.

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