The Cash App card can be a great asset for your personal money management, but only if you know how to use it! Let’s talk about how you can add money to the Cash App card, so you can use it to give yourself a fun money budget, or perhaps just use it as your main debit card.
Exodus is one of the most popular cryptocurrency wallets, and for good reason. It’s user-friendly, accessible, free, and supports a wide breadth of crypto assets. If you’re a beginner with cryptocurrency, it makes sense that it would be at the top of your list. With that in mind, here’s how to get started using the Exodus wallet if you need a little more help.
One of the main appeals to owning crypto assets is that you can store it in an offline wallet, with no intermediary needed. Unfortunately, Robinhood makes this process impossible because they sell the ability to invest in crypto but not the actual tokens. This means that in order to securely store crypto in a wallet, you will have to sell your position on Robinhood and repurchase it at a physically delivered crypto exchange.
Cash App is making crypto accessible to tons of new users, but right now they only have support for one token. Sadly, Bitcoin’s top contestant, Ethereum isn’t supported on Cash App, but it’s still pretty easy to convert your tokens thanks to the Withdrawal feature. With that said, here’s everything you need to know to turn Bitcoin to Ethereum from Cash App.
In order withdraw the BAT (Basic Attention Token) you earned from Brave browser, you will need to verify your identity. This is because of something known as Know Your Customer (KYC) regulations that help the government track money. It’s something that is frowned upon by crypto enthusiasts who value privacy, but is necessary for companies to be in good terms with particularly the US government.
How to enable BAT withdrawals through Brave
So, if you want to withdraw your BAT and allow it to be exchanged for cash, you will have to start at the “Brave Rewards” screen.
- On the top right of side of the browser, there is a menu tab. Click it and then click “Brave Rewards.”
- Next to your BAT total, there is a button that says “Verify Wallet,” click that.
- Afterwards, it will take you to uphold.com where you enter personal information
- Enter your address, phone number, etc. then it will ask you to scan a QR code on your phone
- Open your phone’s camera and point it at the QR code
- Make sure to either have a passport, ID card or Drivers License, then take a picture of it and upload it to uphold.com
The Verification process usually takes 24 hours during business days, but it could take longer than that.
How to turn BAT into cash
Uphold allows users to connect bank accounts as well as crypto wallets, so on their website all you will need to click is “send to bank account.” Ofcourse, you will have to set up your bank account which requires a routing number, account number and more verification time.
Once you select how much BAT you would like to send to the bank account, simply confirm the transaction. Before it is officially deposited, you will be charged an exchange fee of around 2%, and you will have to wait for your bank to accept the transaction, which can take up to 24 hours.