How to cash out HYPE token

HYPE serves multiple purposes within the Hyperliquid ecosystem, including governance, fee payments, and staking rewards.. Many holders are curious about how to withdraw or cash out their holdings. But converting your digital assets into traditional currency might seem complex at first. In this guide, we’ll walk you through the step-by-step process to transfer your HYPE funds from your wallet simple and hassle-free.
 

Step 1: Sell HYPE for USDT or other cryptos

If your HYPE tokens are already in your DEX wallet or exchange account, you can now sell them:

1. Navigate to the trading section and select the HYPE/USDT pair.
    
2. Enter the amount of HYPE you want to sell and place a market or limit order.
    
3. Once the trade is executed, you will receive the USDT in your account.
    

Step 2: Withdraw to your bank or crypto wallet

• Withdraw the converted amount to your crypto wallet or use P2P trading to sell directly for local currency.
   
• If the exchange supports direct fiat withdrawals, link your bank account or PayPal and withdraw your funds.

Important considerations

• Transaction fees – Be aware of withdrawal and trading fees, which vary by exchange.
   
• Market volatility – Pi’s price may fluctuate, so check the latest rates before selling.
   
• Scam alerts – Only use official exchanges and avoid unauthorized platforms.

Spend your HYPE profits with Cryptorefills

If you’ve successfully cashed out your HYPE tokens and are looking for ways to enjoy your profits, Cryptorefills offers a great way to spend crypto on everyday essentials. Instead of withdrawing to fiat, you can use your crypto to buy:

• Gift cards like Amazon, Netflix, Spotify, and more
   
• Mobile top-ups for global carriers
   
• eSIMs and travel essentials for digital nomads
   
• Flights and hotel bookings with crypto

Whether you want to treat yourself, shop online, or even book your next trip using crypto, Cryptorefills makes it easy and convenient.
 

How to buy real-world products with crypto
 

1. Visit Cryptorefills.com on your phone or desktop.
    
2. Select the product you would like to purchase (for example Paypal).
    
3. Add the product to your card and go to the checkout page.
    
4. Select the blockchain network and the coin you would like to use. (In this case, USDT on Binance Smart Chain). Continue to the payment page.

5. Send the exact amount to the given payment address.
    
6. That's it! As soon as the transaction is confirmed on the network, your product details—in this case, PayPal—will be delivered to your email and displayed on the screen.

Does converting HYPE into fiat charge a fee to withdraw money?

When you convert your HYPE into USDT or other crypto, most DEX and centralize exchanges require you to pay network fees (gas fees) associated with the blockchain network.

Can you cash-out HYPE token to a bank account?

You cannot withdraw or cash-out your HYPE token directly to a bank account. If you wish to convert your cryptocurrency to fiat currency, you will first need to transfer your funds to a centralized exchange like Binance or Bitget.