Short answer: Veez (V) are a closed-loop currency, meaning you cannot directly redeem or withdraw them as cash. However, when a reader spends Veez on your project, those Veez are automatically converted to USD and deposited into your fiat wallet at your applicable earning rate - so while Veez themselves never leave the platform, the money readers spend on your work does reach you as real currency.
How Veez become real money for creators
When a reader purchases access to your content using Veez, the platform converts that transaction into USD on your behalf and places the resulting amount into your fiat wallet. The USD figure is determined by your earning rate at the time of the transaction. You do not need to take any manual action to trigger this conversion - it happens automatically at the point of purchase.
What readers should know
As a reader, any Veez you spend on a project are consumed at the point of purchase and converted to USD for the creator. Veez cannot be transferred back to a bank account, exchanged for cash, or refunded as fiat. Before purchasing Veez, treat them as a platform-only spending balance.
Edge cases and things still being clarified
The specific earning rates that determine how Veez spending translates to USD for creators are not detailed here. If you have questions about your personal earning rate or wallet balance, contact Vizno support directly.