How to cash out your SLP from Ronin Wallet to Binance

(By KeizerMc)

This is a step by step guide on how to cash out. From Ronin wallet. This is a several step process and
we will cut them into few phases.

This is the whole overview

Claim SLP Ronin Wallet Meta Mask

Your Bank Account P2P Binance

Prerequisite:

Before proceeding with this step make sure that you already have the following
- Axie Account
- Ronin Wallet
- Meta Mask (with ETH at least 0.02 [as of May 29, 2021])
- Binance Account (setup with your preferred payment method and Lvl 2 Identity
Verification)
- Bank Account (Or other payment method that Binance supports, eg: Gcash, WeChat,
Alipay etc.)

1st Phase : Claim your SLP and transfer them to your Ronin Wallet.

Claim SLP Ronin Wallet

Make sure you are logged in to your meta mask and the correct Ronin account on this step.

Make sure that your meta mask is also in the “Ethereum Mainnet”.

Login to your account and go to : https://marketplace.axieinfinity.com/profile/claim-tokens

you should see this :

Click the “Claim SLP” Button

A New pop will appear it will either show you the schedule of your claim time or will let you click the
claim button.

If you are able to claim, click the “Claim SLP now” and the Ronin Wallet should pop up for a
confirmation.

Click “confirm” on your Ronin Wallet

Wait for a few minutes for the transaction. Usually it will take less than 5 minutes for the SLP to
arrive in your wallet.

Once confirmed it should appear to your Ronin wallet like this.

You’re done with Phase 1 ! now lets do Phase 2!

2nd Phase : Transfer your Ronin Wallet SLP to Metamask

Ronin Wallet Meta Mask

There are few steps that you need to ensure before you transfer your SLP to your MetaMask

• You have to ensure that you have an ETH in your wallet

• You have added the Token ID of the NEW SLP in metamask

To do this you can visit coingecko.com to get the new SLP (Smooth Love Potion)

https://www.coingecko.com/en/coins/smooth-love-potion
You can click meta mask Icon to automatically add it but if you want to add it manually. Do this step
below.

Smooth Love Potion Contract Address : 0xcc8fa225d80b9c7d42f96e9570156c65d6caaa25

From meta mask scroll down and click “add token“

Click on the Custom Token Tab and paste the New SLP Contract Address on the Token Contract
Address

It usually will auto populate the rest. Click next after. And then click “add Token” you should have
something like this on your main screen when added.
Now that you have added the token on Meta Mask we can go ahead and transfer your SLP from your
ronin wallet to Meta Mask.

Go to : https://bridge.axieinfinity.com/

Click Withdraw:

Fill up the information required :

- Ethereum Address : Your Meta Mask address

- Asset SLP :
- Amount : (How many)

Click Next.

Important: Make sure to check your Fees on axie bridge before withdrawing! https://axie.live/ if you
are already comfortable with the fees go then proceed.

Click “I understand”
It will show you how to confirm in this part. Click “Confirm”

Ronin wallet will come up. Click “confirm”

Wait for the confirmation (this sometimes takes a while DO NOT REFRESH THE PAGE)

Once confirmed you will see a Green Box that confirms Ronin. Click “Confirm Through MetaMask”
Metamask will pop up and will ask you to pay for Gas Fees Click “confirm”
(to avoid it getting stuck you must have ETH for this transaction to go thru)

Bonus Tip : you can also click the “Edit” link on the Gas Fee section to edit the fees. This will affect on
how fast the transaction is during the process. This is usually for advance users. Do not modify if you
don’t know what you’re doing.

Once it is complete click close. As of May 29, 2021 “View Etherscan” doesn’t show anything. If you
choose your transaction to be slow. Sometimes it would take 5 hours for the SLP to arrive in your
MetaMask (for slow transactions).

If you want to view your transaction you can go to your meta mask and click “Activity” there is a
latest contract interaction there where it will provide you the status and the Etherscan link to view
the status of your transaction.
If the transaction is finished you will see this quick pop up in your PC

And the SLP will be transferred into your wallet

Congratulations you just transferred your SLP to Meta Mask! Now we proceed on Phase 3.

3rd Phase : Transfer your Metamask SLP to Binance

Meta Mask Binance

Go to your Binance account and login : https://www.binance.com/en

Once logged in on the upper right you’ll find wallet click “Fiat and Spot”

Around the left Click “search coin” and type “SLP”. Click “Deposit” on SLP (NOT SLPOLD)
Once you clicked deposit you should see something like this.

Make sure to copy that address. As this is the address that we will be sending our SLP from Meta
Mask.

While on this screen. Click your Metamask then click your SLP Token it should come up like this.

Click the “Send” Button

This new screen will come up Paste your wallet address here, the one we copied from Binance.
This screen should pop up once the address is placed.

Click the Amount as “Max” or the amount you want to transfer to Binance. (I left mine on Average as
it is cheap to transfer in binance)

Select the transaction Fee and then click “next“

Click “confirm” it should show you the next page where it is pending.
Once the transaction has been completed from Metamask you will see this Notification you will still
wait a few minutes for the SLP to arrive on Binance (usually 5 mins)

After a wait if you have the Binance app. You will see this pop in your screen that it has been
confirmed.

Go back to binance on Fiat and Spot and check your SLP

Congratulations! You’ve successfully transferred your Matamask SLP to Binance.

4th Phase : Transfer your Binance to P2P

Binance P2P

At this stage you will need to use Binance to trade it to a Coin that is tradable for P2P. for that we
will be using USDT as our trading pair with the SLP.

Login to Binance -> Trade -> Advance

On the BTC/USDT Pair highlight your mouse on the search type “SLP” click SLP/USDT

This trading pair should come up: click on the Sell on the right
https://www.binance.com/en/trade/SLP_USDT?layout=pro&type=spot
Set the price of how much would you like to sell and set the amount as well.

The tip on price is type a price that is similar or lower (just a bit) for your coin to be sold right away.

For this example this is the rate we will be using.

Once everything has been sold you will see this pop up or you will notice your USDT will change

Go to wallet -> P2P

On P2P there click “transfer” on USDT

Select from Fiat and spot to P2P

Set the Amount and confirm.

Once you click confirm you should see a pop up saying “transfer successful”

Congratulations you just finished transferring your SLP to P2P

5th Phase : Transfer your P2P to Bank Account

P2P Bank Account

We will not be covering the steps on how to add a payment method on Binance P2P here but you
may refer to this guide on how to add a payment method.

https://www.binance.com/en-NG/blog/421499824684901602/How-to-Add-Bank-Transfer-as-a-
Payment-Method-on-Binance-P2P

regardless if it is other payment method like Gcash, Wechat, Alipay the procedure is the same and
that it requires a Level 2 Identity Verification. To become level 2 is another guide and I will not be
covering this here.

You need to login to Binance -> Wallet -> P2P

On P2P select find USDT and click Sell

Interface: please see boxes meaning below

Red Box : Green Box :

You can select different Currency here You can Select different Payment method here

Blue Box: Orange Box :

Shows the rate of per USDT on how much Show how much the vendor is selling the
You will get minimum and maximum transaction he can offer

You need to pick which vendor you want and click sell USDT. on this example, we will use PHP and
Bank but any currency and supported payment method will work as long as you’ve added that
payment method in Binance prior to trading on P2P.

P2P Important Tip : find the ones that has a Gold Tick after their name with a lot of orders and a
very high completion rate. There are scammers in P2P Trading. Never release a payment unless
they transferred the amount to your preferred payment method already! .

Once you’ve found a good seller click “Sell USDT” across their name. once you’ve done this, a pop up
will appear and you can input how much USDT you want to sell based on their minimum limit (you
cannot sell anything lower than their provided lower limit). Select your Payment method and click
“Sell USDT”
You will be arriving on a new window.

Interface:

Blue Box : Chat area, you can chat to the seller here.
Orange Box : The amount the seller is support to send, the amount per USDT, & Quantity of USDT
Green Box : This is your payment method and personal information. This is where the vendor will
send your Amount
Red Box : IMPORTANT only click “confirm release” when you already checked your account and have
confirmed that the amount was transferred

Once this window opens. DO NOT CLOSE IT. Wait for the vendor to send your money to your
payment method.

Once the button on the red box shows Confirmed release is clickable. Check your bank or your
payment method option if the money had arrived. Chat with the seller. Usually the money will arrive
right away. The vendor will also send some type of proof that he already sent your money. Check
your bank if it happens that it doesn’t arrive. Click the appeal button so that a binance rep can assist.

If the money arrives. Click the “Confirm release” button

Also DO NOT BELIEVE when a vendor said that he already sent your money when it’s not there, or he
will send it to you after you confirmed payment. Appeal right away if this happens.

Personally never had issues with P2P I hope your experience in P2P will be a good one
Here is a quick sample discussion on how it looks like, once you’ve checked your bank and confirmed
the transfer. Go ahead and click confirm release.

A second Prompt will ask you if you really received the payment. Click the check box and click
confirm release

The order will be completed and you can now close your binance window.

Congratulations!~ You’ve completed your Journey on how to transfer SLP to Binance and cash it out.
Whew!~ that was long wasn’t it?!? but ohh boy when you get used to it its easy as pie…

I made this guide for everyone to use. If you liked this guide you can share this with everyone.

If you want to ask me some questions you can message me on Axie Infinity Discord as @KeizerMc
You can also donate here on my ronin wallet : ronin:0822cd8dba03cf26de24ae565ce10462bf24aeb8
Thank you and Keep Safe!~