How to withdraw money from Getgems?" — revealing another secret… — Getgems NFT

Getgems NFT@getgems · 275.2K subscribers Open in TelegramOpen

"How to withdraw money from Getgems?" — revealing another secret

Rookies often ask: "I sold an NFT, where are my coins on Getgems? How do I withdraw them?".

Plot twist: they’re not there.

Getgems does not store your money. And honestly, it doesn't want to

That is exactly why there's no internal balance, no "Withdraw" button, and definitely no “your request will be processed within 3 business days.”

During a transaction, the NFT and coins remain in the buyer's and seller's wallets (Tonkeeper, Wallet etc.), and the smart contract via Getgems safely swaps them.

What does a non-custodial wallet mean?
It is a wallet that only you have access to.

Neither the marketplace nor the wallet developers have access to your assets.

That means:

• To top up your balance — send coins to your wallet.

• Sold an NFT — coins instantly land in your wallet. Nothing needs to be withdrawn from Getgems.

• Want to cash out coins from your wallet (for example, exchanging for local currency)? This is done from the wallet via exchanges or P2P.

We'll cover this in more detail in our next "glossary" post!