![]() Over the past years, Sorare brought an innovative use case to Ethereum-based fantasy sports and digital card trading which gives fans a chance to mint, collect and exchange player cards with fellow users in different NFT markets. SorareScout has not included any kind of referral link to any Cryptocurrency exchange in this article, and has created this piece to help the Sorare Community.The English Premier League has sealed a multi-million dollar deal with Sorare, the blockchain fantasy sports game, in anticipation that trading digital collectibles will remain popular despite current crypto market trends. That’s it! You’ve now converted your Sorare ETH into your real bank account!ĭisclaimer: We’ve used Coinbase as an example here just because it’s easy to use for crypto newbies, however following the same process on a different exchange should work just as well. Once you’ve filled out your bank details the money should be in your account within a few hours. Coinbase will ask for your bank details that you’d like to send your funds to. Select how much you’d like to withdraw to your bank account and click continue. Locate the local currency you’ve converted your ETH to in your portfolio. The final step is to withdraw your money to your bank account. ![]() Now the important bit, getting it into your bank account! 6. You’ve now successfully converted your ETH into your local currency. Once you’ve clicked sell, navigate back to your portfolio page, you should see your chosen currency appear. On Coinbase this is simply a case of going to your ETH wallet and clicking on the ‘Sell’ button, choosing your local currency (pounds/dollars etc) and selecting how much ETH you’d like to convert. Once you’ve sent your ETH from Sorare to your new wallet address you should see the ETH appear in your chosen exchange.Īt this point you then need to buy pounds or dollars using the ETH we’ve just got into our exchange wallet. This depends on the time of day and how busy the Ethereum network is at the time of the transaction. The ETH will then be sent to your wallet, this usually takes around 10-20 minutes for the transaction to be confirmed on the Blockchain. You should have a confirmation email from Sorare asking you to accept the fee associated with the transaction.Ĭonfirm the transaction by clicking the link. Paste your ETH wallet/deposit address from your exchange into the box and decide how much you would like to send. Navigate to your wallet in Sorare and click the ‘Withdraw To’ tab. Send your ETH from Sorare to your new wallet You should see your public key/address here often under a barcode. In some exchanges this will be called ‘Deposit ETH’. This is where you will send your ETH from Sorare to. The next thing you need to do is find your ETH wallet within this exchange. This quick YouTube video (0:00 – 1:48) will walk you through the sign up and account verification process. This even includes your Sorare account.Ĭoinbase: Follow these steps to create a Coinbase account. SorareScout Tip: Use a new email for everything crypto and blockchain related.For any Sorare users that are new crypto we recommend Coinbase due to this ease of use. In order to turn your ETH match rewards and trading profits from Sorare into traditional (fiat) currency you’ll need to exchange it on a crypto exchange such as Coinbase. It’s quite clear that Ethereum underpins the entire Sorare platform, but the big question is how do you take those ETH rewards and turn them into real cash. Managers playing cards are stored on the Ethereum Blockchain which helps guarantee the rarity of the cards.Game week rewards are paid to players in Ethereum.Playing cards are bought and sold using ETH and transferred on the Ethereum Blockchain. ![]() What is ETH/EthereumĮTH is a decentralised digital currency which uses the Ethereum Blockchain.Įthereum is absolutely vital to the Sorare platform and is used in fundamentals parts of the game: This guide is mainly for players that have deposited with debit cards or bank transfers through the Sorare On-Ramp and now ready to cash in some profits. In this guide we’ll give you a simple walkthrough of how you can get those Sorare rewards back into your bank account. Have you started playing the biggest game in Fantasy Football recently but don’t yet know how to convert that ETH back into Pounds or Dollars?
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