# Drawing down for passive income **URL:** \ **Category:** General\ **Created:** [April 5, 2021, 6:09am UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251 "2021-04-05T06:09:12Z")\ **Posts on this page:** 7\ **Page:** 2
**Author:** ![Zaragaruka](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/zaragaruka/32/52_2.png) [@Zaragaruka](https://forum.anchorprotocol.com/u/Zaragaruka)\ **Post date:** [April 21, 2021, 1:25pm UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/21 "2021-04-21T13:25:44Z")
I checked Smoothy and see it as a great alternative to uniswap where all I want is to swap UST/USDC pairs. But I don’t see UST on Smoothy at this time unless I’m missing something. ---
**Author:** ![bitn8](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/bitn8/32/61_2.png) [@bitn8](https://forum.anchorprotocol.com/u/bitn8)\ **Post date:** [April 21, 2021, 3:20pm UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/22 "2021-04-21T15:20:21Z")
Ozone is coming. More details coming ---
**Author:** ![bitn8](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/bitn8/32/61_2.png) [@bitn8](https://forum.anchorprotocol.com/u/bitn8)\ **Post date:** [April 21, 2021, 3:22pm UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/23 "2021-04-21T15:22:17Z")
Best route is USDC via Algorand on Kraken (at least in the US) to Kucoin. Then from there to your terra wallet. I have not done this yet because Kraken in not available for NY state residents. Currently I have i have do the more expensive USDC via er20 ---
**Author:** ![TrueNinjalo](https://avatars.discourse-cdn.com/v4/letter/t/df705f/32.png) [@TrueNinjalo](https://forum.anchorprotocol.com/u/TrueNinjalo)\ **Post date:** [April 30, 2021, 6:25pm UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/24 "2021-04-30T18:25:00Z")
I’m not sure if this will help or not but I will explain my path in and out of Terra. (US Ohio based) To add funds from my bank, I use [Binance.us](http://Binance.us), as its the cheapest and fastest option I’ve found. I wait the 10 day settling period then buy ADA, BNB, ATOM, or ALGO (fee is .008 % or something) Note: ATOM and BNB are super fast to transfer I send it to KuCoin (Using ADA the fee is 1 ADA) In Kucoin i exchange ADA to USDT then USDT to UST (fee is .008 % or something per transaction) Then send UST to Terra wallet (fee is 4 UST) Then do what ever needs to be done in Terra station (fee is usually less than 1 UST per transaction) to remove funds I do the same but in reverse. Once funds are in binance they usually take about 5 days to get funds back in my bank. I wish it was possible to have transactions between my bank and Terra. I hope this is the goal in the future. @puddles , thank you so much for making this post. I hope we can find a way to make getting into and out of Terra easier. This is pretty much the only platform I’m using anymore. Respectfully, TN ---
**Author:** ![ivan](https://avatars.discourse-cdn.com/v4/letter/i/df788c/32.png) [@ivan](https://forum.anchorprotocol.com/u/ivan)\ **Post date:** [May 21, 2021, 7:03am UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/25 "2021-05-21T07:03:11Z")
He is my path in and out from Binance and an European country with euro. IN : SEPA € transfer to binance (free) → €/USDT pair (binance trading fee) → USDT to BSC -(usually 0.4 USDT fee) \> USDT/UST pair on pancakeswap (pancake trading fee) → UST to terra using terrabridge (fee of one BSC transaction, usually around 0.4$) OUT : The very same expect that I send directly to BSC using terra station instead of the bridge. SEPA take a few hours, all the rest is only taking a few minutes. Hope it helps ! ---
**Author:** ![puddles](https://avatars.discourse-cdn.com/v4/letter/p/bc8723/32.png) [@puddles](https://forum.anchorprotocol.com/u/puddles)\ **Post date:** [July 1, 2021, 12:17pm UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/26 "2021-07-01T12:17:26Z")
Dead in the water, they’ve split up now ---
**Author:** ![willshak](https://avatars.discourse-cdn.com/v4/letter/w/43a26b/32.png) [@willshak](https://forum.anchorprotocol.com/u/willshak)\ **Post date:** [October 4, 2021, 3:11am UTC](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251/27 "2021-10-04T03:11:27Z")
Have you considered the taxation implications on this? Wouldn’t mind hearing what you came up with. [Previous page](https://forum.anchorprotocol.com/t/drawing-down-for-passive-income/251.md?page=1)