Ruby

Here are the main guidelines for withdrawing your Rubies:

• Ruby isn’t your typical token or coin — its value remains fixed at 1$=1 Ruby.
• The minimum withdrawal amount is set at 100 Rubies.
• When entering your bank details, your verified name must match the name on bank accounts you intend to use, including any middle names, family names, or special characters
• Expect a direct bank transfer, which might take up to 7 days for processing and checking for danger of fraud.
• To initiate a withdrawal, completing the KYC process is necessary.
• We do not charge any withdrawal fees, however your bank might impose some charges, which we don’t cover.
• Remember, the commission for reselling toys for Ruby within our platform remains consistent at 10%, just like for gold.
• You can withdraw only rubies you’ve received from other users.
• If you purchased Rubies using cryptocurrency, we’ll proceed with the withdrawal directly to your bank account after verifying all the necessary information.

Moreover, we’ve collected the most popular questions from you, our beloved community, and we’re ready to answer them!

Why does gold have no connection to rubies?

Gold will be used for games and activities on the site, while rubies will be used to purchase artists’ drops, rarest toys, for other exclusive activities. However, there is an indirect method to convert gold into ruby: Gold-toy-ruby.

Do you have any withdrawal fees?

We do not charge any withdrawal fees; however, your bank might impose some charges, which we don’t cover.

Can I withdraw rubies to my crypto wallet?

Currently, withdrawal to a crypto wallet is unavailable. If you purchased Rubies using cryptocurrency, we’ll proceed with the withdrawal directly to your bank account after verifying all the necessary information.

Do I need a subscription to withdraw?

No, you don’t need a subscription to withdraw rubies. But remember that the minimum withdrawal amount is set at 100 Rubies.

What is the total supply of rubies?

The total supply of ruby is unlimited, but every ruby is backed by the dollar spent to buy the ruby. Again, it’s not a token or a coin. Its supply is unlimited, and the total number depends on the total amount of rubies users have in their accounts.

Do market fees for sold toys get split between the company and the artist?

Yes, it works the same way as with gold. Artists receive rubies when people resell their toys.

Can ruby be fractioned?

Yes, the amount of ruby is derived to the hundredths. The amount of rubies can be shown as a fraction, after the deduction of commission for example.

Are ruby and gold competitors?

No, because they have different targets. Gold will stay inside the platform and covers specific aims.

For members who previously purchased large amounts of gold, what is the situation?

All good, thank you first of all! You can still use the gold you have; we don’t remove it. You can resell toys, skip retro drops, and many other things! Psst… there is an indirect way to turn gold into ruby: buy a toy for gold, resell it for ruby!

Is ruby always stable at $1 USD?

Yes, the price of ruby is fixed. Its price will remain the same for all the time, $1 USD.

How long does it take to arrive at our bank accounts after applying withdrawal?

Withdrawal may take up to 7 days for the direct bank transfer to be processed, and to check for any fraudulent activities.

What is IBAN?

International Bank Account Number, mainly used in Europe, the Middle East, and the Caribbean. As of July 2023, 86 countries were using the IBAN numbering system. You can check if your country uses IBAN here: IBAN.com/structure.

Is it possible to withdraw rubies by converting them to cryptocurrency in the future?

Currently, this option is unavailable. But we’re looking to implement the most suitable and comfortable technology for every member of our community.

Does Ruby have a connection to any blockchain, and if so, what is the contract number?

As mentioned before, rubies are not a token or a coin, so they have no connection with the blockchain.

Why is Ruby green? It’s supposed to be red or called emerald.

Initially, we designed red rubies (see the picture below), but later decided that green rubies look much better and are more user-friendly. By the way, rubies exist in different colors, and we’ve chosen turquoise ruby.