Have you been wondering how to convert your JumpTokens but have no idea how to? Then this guide will help you do just that! If you don’t know what JumpTask exactly is, feel free to check out my separate review about it.
At the current moment, JumpTask is not available on any cryptocurrency trading platforms, which means that in order to convert your tokens to actual money, you will need to go through a couple of steps first.
Before we begin, make sure you have a small amount of BNB cryptocurrency acquired. JumpToken is a BEP-20 token issued on the Binance Smart Chain network, meaning that all transactions and conversions require you to have BNB in your wallet which would be used for gas fees. To acquire BNB you can use cryptocurrency exchanges such as Binance or Crypto.com.
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How to convert JumpTokens?
To start the conversion, you will first need a WalletConnect compatible wallet. For this example we will be using Metamask but you can use any other wallet that is also compatible. Once you have a Metamask wallet installed you can then transfer both your JumpTokens and BNB to it. Metamask will be installed as an extension in your browser.
In case you do not have JMPT currency listed in your wallet, then you will have to manually import it. To do that, use JumpToken contact address 0x88d7e9b65dc24cf54f5edef929225fc3e1580c25 after navigating to “Import tokens” in the bottom section of the extension.
How to withdraw JumpTokens?
After JMPT cryptocurrency is imported, we can then head to the JumpTask dashboard in order to transfer JumpTokens to your wallet. You will first have to login using Metamask where you will be prompted to approve a signature request. After granting approval we will be allowed access to the dashboard section where we can begin the withdrawal process.
To withdraw JumpTokens, press “Withdraw” – you will be prompted with a screen where you will have to confirm the transfer. Simply choose “Transfer” after which the request will go into “Pending”. It should take no more than a couple of minutes (usually less) in order to complete the withdrawal. The transaction will be visible under the “Recent transactions” section.
Now, navigate back to your Metamask wallet. If you have JMPT cryptocurrency correctly imported, you should now be able to see it under the “Assets” section. To proceed with the conversion process, all that there is left to do is send your previously acquired BNB to your Metamask wallet. You can find your BNB address in the top part of the extension (left clicking will automatically copy the address).
How to use PancakeSwap?
Once both JMPT and BNB cryptocurrencies have safely arrived in your Metamask wallet, we can then begin the conversion process. For this, we will be using a service called PancakeSwap. You will first have to connect your wallet just like you did with JumpTask before. Once done, navigate to “Trade > Swap” (top left side). You will then arrive to the swap page that should look like this.
Once here, we will have to choose the correct cryptocurrencies. Top one must be JMPT and the bottom one BNB (since we are converting from JumpTokens to BNB). It’s your choice which cryptocurrency you wish to convert to, but we choose BNB here since it’s the easiest one to convert to real money.
To convert all your JumpTokens, choose “Max” setting and then press “Swap”. You will be presented with a prompt where you have to confirm the swap. Press “Confirm Swap”, now you will receive another prompt, this time for Metamask, where you will have to confirm the swap again. Press “Confirm” and then “Confirm” again. If everything went correctly, then all your JMPT should be now converted into BNB! This should be also visible in the “Activity” section in your Metamask wallet.
And that’s it! You can now send all your BNB to the cryptocurrency exchange of your choice that supports it, where you can sell it for fiat or further swap it to other cryptocurrencies.
Many thanks for reading this guide! Should you have any any additional questions or concerns please do not hesitate to leave a comment down below.
