right so i get the 50 dollar bonus money whats the catch.....?how much i need to make for a cash out on everest?
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Earn the required amount of points (Don't know what it is on Everest) and you can cash out whatever you have in the account.
or make profit,which will be all yours. 
i belive it was about 1330 summit points,which can be pretty hard for beginner,especially with only 50 $.