From the article The Payout is a system that allows you to withdraw your Gems from your VeVe wallet, and back into your bank account as fiat (e.g. USD). In order to use this feature, you will be required to complete KYC (Know Your Customer), and be approved, before you can make any withdrawals.
Awful that this is the best you can come up with. Don’t forget to let everyone know that you have to cave 1000 gems to cash out also.
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