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Claiming the ETH that is less $100 from Dharma Wallet App - Gemini - has free ETH transfers up to 10 per month

Getting familiar with crypto and DeFi, I stumbled up https://www.dharma.io/ they had free Polygon (MATIC - Ethereum layer 2 solution) transfers and no fees to buy USDC.  They even had a sign-up bonus that was $100 in ETH.

I was able to buy USDC from my bank account without any fees and was ready to explore DeFi.  But this last week, they was announced that they were acquired by https://opensea.io/.  The largest NFT marketplace.  However, they have decided to shutdown the Dharma wallet App and give people 30 days to transfer their crypto out.

dharma shutdown

I'm happy for the team, but sad to lose a no fee way to buy USDC on the Polygon (MATIC) network that is suppose to be super fast with little transaction fees.

Transferring out crypto on Polygon (MATIC) network was no problem, but I had less $100 ETH.  And with ETH gas fees being high, it might be even higher than the ETH value itself.  Luckily, I remember reading that Gemini has free crypto withdraws, up to 10 per month (https://www.gemini.com/fees/transfer-fee-schedule#section-deposit-fees).

Steps to get less than $100 of ETH out of Dharma Wallet App

  1. Buy enough ETH to be over $100 (e.g. I had ~$70, to be safe I bought $50 dollars of ETH) on Gemini
  2. Sent the ETH to my Dharma Wallet App
  3. Sent out ALL (that is the only option) back to Gemini
  4. Keep it, sell it or transfer it out of Gemini

Because Gemini covered gas fees to the Dharma Wallet App and Dharma Wallet App covered fees for transfers >$100 ETH, I got out my $ETH without fees

If you Don't have an account on Gemini please use this link (https://gemini.com/share/rnr6n6ku6 ) and we'll both get $10 of bitcoin

If you know any good replacements for Dharma to get from a bank to USDC without fees to buy or transfer, please feel free to share.




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