ONTO Wallet Help Center
Home
  • ONTO Introduction
  • Guides
    • App Basics
      • Download ONTO App and Create ONT ID Wallet
      • App Overview
    • Wallet Management
      • Create ONT ID Wallet
      • Add Chain Wallet in ONT ID Wallet
      • Import ONT ID Wallet
      • ONT ID Wallet Backup
      • Export Chain Wallet in ONT ID Wallet
      • Delete ONT ID Wallet
      • Delete Chain Wallet in ONT ID Wallet
      • Switch Wallets
      • Change Wallet Name & Reset Password
      • Import, Export, Switch or Delete Single Chain Wallet
    • Assets Management
      • Adding and Submitting Tokens
      • Sending and Receiving Ontology Assets
      • Sending and Receiving Ontology EVM Assets
      • Swapping ONT for ONG
      • Sending and Receiving Ethereum Assets
      • Sending and Receiving BNB Smart Chain (BSC) Assets
      • Sending and Receiving Aptos Assets
      • Sending and Receiving BitTorrent Assets
      • Sending and Receiving Aurora Assets
      • Sending and Receiving Arbitrum Assets
      • Sending and Receiving Vision Assets
      • Sending and Receiving zkSync Assets
      • Sending and Receiving XDC Assets
      • Sending and Receiving Optimism Assets
      • Sending and Receiving Clover Assets
      • Sending and Receiving NEAR Assets
      • Sending and Receiving HALO Assets
      • Sending and Receiving Caduceus Assets
      • Sending and Receiving IoTeX Assets
      • Sending and Receiving Boba Assets
      • Sending and Receiving OKXChain Assets
      • Sending and Receiving Polygon Assets
      • Sending and Receiving Bitcoin
      • Sending and Receiving Neo Assets
      • Migration NEO or GAS from Neo Legacy to Neo N3
      • Sending and Receiving Solana Assets
      • Sending and Receiving Huobi Eco Chain Assets
      • Sending and Receiving BNB Beacon Chain Assets
      • Sending and Receiving TRON Assets
      • Sending and Receiving DOT
      • Sending and receiving KSM
      • Sending and Receiving KLAY
      • Sending and Receiving Harmony Assets
      • Sending and Receiving FIO
      • FIO Address Management
      • Sending and Receiving Avalanche Assets
      • Use ONTO to Switch or Add Nodes
      • Private Transactions on Ethereum
      • NFT management
      • Transaction fee of ONT transfer
    • Swap & Bridge
      • Swap
      • Bridge
      • Earn
    • NFT Marketplace
      • NFT Marketplace Section Overview
      • Buy NFTs
    • Interact with dApps
      • ONTO Anydrop Airdrop Assistant
        • ONTO Anydrop Participant Guide
        • ONTO Anydrop Organizer Guide
      • Microworkers Withdrawal
        • Withdrawing Your Microworkers Balance with ONTO
        • Withdraw BUSD
        • Withdraw to MasterCard
      • Ontology
        • Ontology Node Staking Guide
        • Sign Up to Run an Ontology Node in ONTO Wallet
        • Ontology Bridge
        • pWING Liquidity Mining Guide
        • Wing Inclusive Pool User Guide
        • Use ONTO to participate in Wing Finance 1st Anniversary Celebration
        • Wing Flash Pool User Guide
        • Ontology Avatar NFT User Guide
        • Sending and Receiving Red Packets
      • Arbitrum
        • Aboard User Guide
      • Polygon
        • CafeSwap User Guide
        • mStable User Guide
        • QuickSwap User Guide
        • Polygon Bridge User Guide
        • Anyswap User Guide
        • ApeSwap User Guide
      • Binance Smart Chain (BSC)
        • Ivy Market User Guide
        • SIL Finance User Guide
        • BabySwap User Guide
        • OCP Finance User Guide
        • Acsi Finance User Guide
        • Landshare User Guide
        • O3 Swap User Guide
        • Kalata User Guide
        • Mars Ecosystem User Guide
        • Moonpot User Guide
        • TEN Finance User Guide
        • GameDAO User Guide
        • ApeSwap User Guide
        • BurgerSwap Guide
        • Beefy Finance Guide
        • Bunicorn Guide
        • ForTube Guide
        • Argon Guide
        • Wault Finance Guide
        • Deri Protocol Guide
        • dFuture User Guide
        • Acryptos User Guide
        • SWFT AllChain Swap User Guide
        • OpenOcean User Guide
        • HyperJump User Guide
        • DODO User Guide
        • CafeSwap User Guide
        • DeFiBox User Guide
        • Claim Ontology MainNet 3rd Anniversary NFT in Galaxy
        • Binance Bridge User Guide
        • Multi-Chain Lend (MCL) User Guide
        • MDEX User Guide
        • Solo.top User Guide
        • Cancel Account Allowance Approval in BSC User Guide
        • BakerySwap User Guide
        • CircleSwap User Guide
        • Use ONTO to take part in the Soteria Initial Farm Offerings
        • Use the ONTO Wallet App to claim Binance Blockchain Week’s limited NFTs
      • Binance Smart Chain Testnet
        • Deri Protocol Testnet User Guide
      • Huobi Eco Chain (Heco)
        • ButterSwap User Guide
        • LuckTogether User Guide
        • Depth User Guide
        • CoinWind User Guide
        • LendHub User Guide
        • Deri Protocol User Guide
        • Depth User Guide
        • LendHub User Guide
        • FilDA User Guide
      • OKExChain
        • OKX NFT User Guide
        • KSwap User Guide
        • KSwap User Guide
        • Get PAID To Try Premier OKExChain dApps In ONTO!!
        • Wing Flash Pool(OKExchain) User Guide
        • Lemond User Guide
        • AntFarm Finance User Guide
        • WePiggy User Guide
        • DeFiner User Guide
        • CherrySwap User Guide
        • GAP Cash User Guide
        • ADAM oracle User Guide
        • King Kong Swap User Guide
        • OKLend User Guide
        • OKExChain TestNet User Guide
      • Ethereum
        • Visit and Use DeBank on ONTO wallet
        • Bifrost User Guide
      • Avalanche
        • How to get AVAX in the beginning
      • Neo
        • Flamingo Vault User Guide
      • WalletConnect
        • Connect ONTO Wallet via WalletConnect
    • Other Features
      • Profile Section Overview
      • Getting in touch with us
      • Identity Mode
      • App Lock
      • Enable Application Mode for iOS
      • Invite Friends
      • NFT Domain
      • How to add contacts
      • How to Enable Address Monitoring
      • How to create and send a Verifiable Credential
      • How to endorse a Verifiable Credential
      • Earning and using ONTO points
      • Earning and using ONT Score
      • ONTO Assets Score Helps
      • ポチ袋イベント
      • Valentine's NFTs Design Contest Guidance
      • Runes Minting and Transfering
  • Q & A
    • ONTO Basics
    • Wallet Management
    • Assets Management
      • Ontology Assets
    • Interact with dApps
      • Ontology Node Staking on ONTO
    • Other Features
    • Ontology Node Staking on ONTO
  • Basics
    • ONTO Features
      • What is ONTO ?
      • What are the requirements of the system for ONTO Android version and iOS version ?
      • Single and Multi-chain Wallets
      • Account Abstraction Wallet
      • ONTO OScore Helps
      • What is Red Packet
    • ONT ID
      • Everything you need to know about the ONT ID digital identity wallet
      • What is ONT ID
      • What is EthID?
      • ONT ID User Services
      • ONT ID Privacy Policy
      • What is a mnemonic phrase?
      • What is a private key?
      • What are seed words?
      • What is Keystore?
      • What is WIF?
      • How can I distinguish private key and WIF?
      • What is OScore?
      • What is a verifiable credential?
      • The importance of wallet backup
      • What can wallet password do?
      • What is a CFCA Certification?
      • What is IdentityMind Certification?
      • What is Shufti Pro Certification?
      • Credentials Function
    • Assets & Trade
      • What is a Collectible/NFT?
      • Importing/Exporting Wallet Private Keys and Mnemonic Phrases
      • BTC
      • Bitcoin - Legacy and Segwit Addresses
      • What's ETH 2.0?
      • ETH 2.0 Staking
      • EIP-1559
      • Polkadot
      • Tron
      • TRON Assets
      • Binance Chain
      • Binance Smart Chain
      • Ontology Assets
      • Neo Assets
      • Polkadot Assets
      • OKT Chain
      • Cross-chain Aggregated Swap
      • CeFi and DeFi - Differences
      • Approve
  • DEVELOPERS
  • Integrate ONTO in Mobile DApp
  • Deep Link
Powered by GitBook
On this page
  • Download and Install ONTO App
  • Create Your ONT ID Wallet
  • Back up Mnemonic Phrase
  • Open NPay dApp in ONTO
  • Withdraw Funds from Microworkers to NPay via ONTO
  • Withdraw Funds from NPay
  • Create Binance Account
  • Select BUSD (BSC) to Deposit in Your Binance Account
  • Send BUSD from ONTO to Your Binance Account
  • Open the P2P Trading Page of Binance
  • Sell BUSD for Your Preferred Fiat Currency

Was this helpful?

  1. Guides
  2. Interact with dApps
  3. Microworkers Withdrawal

Withdraw BUSD

Last updated 3 years ago

Was this helpful?

ONTO is a cross-chain wallet that allows users to manage their cryto assets/cryptocurrencies (BTC, ETH, BUSD, etc.). You need a dApp to transfer funds from Microworkers to your ONTO wallet. A dApp or decentralized apps are blockchained-based alternatives to regular apps. In this case, we use NPay.

NPay is a payment gateway or bridge that allows payment transfers between sellers and merchant. Funds received from Microworkers can be converted to BUSD (Binance USD) or directly sent to a Mastercard. Converting it to BUSD allows you to withdraw money through several channels available in your country in real time. Or transfer to your Mastercard.

Download and Install ONTO App

Go to and scroll down to the bottom for download options.

  • iOS Users: Download ONTO via Apple Store.

  • Android Users: Download ONTO via Google Play store or APK

Create Your ONT ID Wallet

  • Open ONTO App.

  • Tap on "Create wallet" button.

  • Set a wallet name and password (remember your password), and tap on "Confirm" button.

  • Check the picture of Binance Smart Chain.

  • Tap on "Confirm" button to finish the process.

Back up Mnemonic Phrase

  • After you’ve successfully created your ONT ID wallet, tap on “Back up now” button to back up your mnemonic phrase. (Mnemonic phrase is the only way to retrieve your ONT ID wallet.)

  • Tap on "Next" button.

  • Write down or copy the 12 words in order and keep them in a safe place, then tap on "Next" button. (Please make sure you back up the mnemonic phrase in a safe environment. Anyone with your mnemonic phrase can access your assets.)

  • On "Verify mnemonic phrase" page, tap each word in the correct order, then tap on "Next" button.

  • If the order is correct, “Backup successfully” will be shown on the page.

Open NPay dApp in ONTO

  • Click "Discover".

  • Search NPay.

  • Click "Confirm" in the disclaimer pop-up window to enter the dApp.

Withdraw Funds from Microworkers to NPay via ONTO

  • Place a new withdrawal request.

  • Choose ONTO as the withdrawal method.

  • If it is the first time to choose ONTO as funds method, you should connect your ONTO ID first.

  • Click “Connect”.

  • Then click “Scan QR code” button in NPay to scan the QR code.

  • Fill the withdrawal information and submit.

  • Wait for approval of the withdrawal application.

Withdraw Funds from NPay

  • After the withdrawal approved, you will see the amount you just received from Microworkers under “Available Balance” in NPay.

  • Click on “Withdraw” at the lower right.

  • As mentioned earlier, you can choose to convert your “Available Balance” to cryptocurrency which is BUSD or you can directly transfer it to your Mastercard.

  • Since most users prefer to get it in cash in their preferred currency (USD, PHP etc.), it is advisable to click on “Withdraw BUSD”.

  • Enter the amount you wish to Withdraw. After clicking the “Withdraw” button, it will ask to confirm your wallet password. Enter password and hit Confirm.

  • You will see that the “Available balance” and “Total Withdrawn amounts” have been updated. A Success message is displayed once done.

  • Back to the Assets page in ONTO and add BUSD to the Token List.

  • Tap on the "+" button on the Assets page, enter BUSD to search and add. (Choose the one with logo of Binance Smart Chain and token hash: 0xe9e7cea3dedca5984780bafc599bd69add087d56)

  • Then you will see the amount of BUSD you have withdrawn as well as the extra 5 ONG & 0.01 BNB reward for first time withdrawal in cryptocurrency.

  • If the amount is not displayed, swipe down the page to refresh.

  • BUSD and BNB discussed here are both cryptocurrencies on Binance Smart Chain (BSC).

  • All transactions on Binance Smart Chain (BSC) cost BNB as gas fee.

  • The 0.01 BNB reward for first time withdrawal will be enough for dozens of transactions.

  • You can exchange for BNB in decentralized exchanges such as PancakeSwap or centralized exchanges such as Binance.

  • PancakeSwap is available on Discover page in ONTO. (Open PancakaSwap, then select token “BUSD” and “BNB”, then enter the amount, then enable BUSD and then swap BUSD to BNB.)

Create Binance Account

  • From Onto Wallet, you must transfer BUSD to Binance so you can transfer it to your bank, Paymaya, Payeer, Skrill etc. Binance is a platform for cryptocurrency exchange. This requires Gas Fee (transaction fee) in BNB so make sure you have enough BNB for this.

  • Before you start the transfer, go to Binance.com and create an account. Complete the KYC procedure. Once done, you can proceed to the next step.

Select BUSD (BSC) to Deposit in Your Binance Account

  • In Binance main page, click on Wallet. Select Overview.

  • Then click on Deposit. Click Crypto Deposit.

  • Select Coin by clicking on the dropdown box or simply type “BUSD” and click on the result.

  • Select Withdrawal Network by clicking on the dropdown box. Select BEP20 (BSC). BEP20 (BSC) is a Binance Smart Chain (BSC) token.

  • Move your mouse pointer over the QR code symbol .

Send BUSD from ONTO to Your Binance Account

  • Go back to your Onto app.

  • Click on Assets at the bottom left of the screen. Then click on BUSD. Click Send button.

  • Click the Scan QR button to scan the QR code found in step 8 to fill the address.

  • Enter amount in BUSD. Hit Next button, then Confirm the transaction. (If there is a pop-up window of warning, click confirm.)

  • After finishing the process, you will receive a “Transfer success” notification.

Open the P2P Trading Page of Binance

  • Go back to Binance web page.

  • Go to Wallet and select Fiat and Spot. This is a list of different cryptocurrencies, which also displays all recent transfers you have conducted in your account. Click Transfer.

  • Make sure you select “From Fiat and Spot” to “P2P” (Peer to Peer displays over 300 local payment channels and 70+ local currencies). Under Coin, select “BUSD” since this is your crypto. Enter the amount you wish to transfer. Hit Confirm button. A notification displays “Transfer successful” at the right side.

  • Now click on Buy Crypto. Select P2P Trading.

Sell BUSD for Your Preferred Fiat Currency

  • Your BUSD is now available for selling in exchange for your local currency. In this page, a buyer will pay you in your local currency to get your crypto (BUSD).

  • Click on Sell. Make sure BUSD is selected since this is your cryptocurrency. Under it, there is Fiat (traditional currency). Select your preferred currency.

  • The exchange rate will be displayed under Price column. If you find the exchange rate acceptable, then choose how you wish to get your money under Payment field. It can be through Bank Transfer, Paymaya, Skrill, Payeer, etc.

  • Once done, click SELL BUSD button. Take note that you are the seller of BUSD. You can choose any buyer with the highest exchange rate. On the right side of the page, you will see your BUSD balance.

  • If BUSD balance is incorrect, it means the page just needs to be refreshed. (Click the refresh button at the upper left corner of the browser.)

  • You will notice a timer beside the exchange rate. Once timer displays zero, a new exchange rate is applied.

  • Enter the amount you wish to sell and click Sell BUSD.

  • You will be asked to enter your Payment method. In this case, we use Bank Transfer.

  • For security purposes, wait for the buyer to transfer your money to your bank account/Payeer/Paymaya before you release your BUSD.

  • The buyer will send you a message once he sends the money to your account and the Confirm Release button will be enabled.

  • Make sure that you use online banking or call your bank to confirm the transfer. Once confirmed, you can release BUSD.

  • Order completed!

See? It is pretty easy and convenient to cash out using ONTO and Binance. One of the best things is there is no extra charge during transfers. Plus the exchange rate in Binance is higher than what you get when you withdraw it directly to your bank from Microworkers page. You should try it!

If you have any further questions, please do not hesitate to contact ONTO at contact@onto.app

More ONTO wallet management guide:

If you would like to withdraw BUSD, see guide below. If you would like to withdraw to Mastercard, follow .

For more details regarding the ONT token and its potential uses, please follow .

https://ontology-1.gitbook.io/onto/guides/wallet-management
this link
this link
https://www.onto.app/en