How do I exchange USDC to cash?
You can withdraw your earnings to an exchange at any time, and then withdraw from the exchange directly to your bank account.
To give you an idea of the process, this is how the USDC will move when withdrawing: Hotline Internal Wallet -> Particle Wallet -> Exchange Wallet -> Bank Account Step 1: Sign up for an exchange.
If you've never done this before, there are many trusted exchanges that have Solana USDC (examples: CoinBase, Binance, Kraken, etc) that allow for withdrawals to bank accounts. Depending on your bank, you may choose to go with one over the other. Do your research and find the best and most secure solution for you. Step 2: Withdrawing from Hotline to Particle Wallet Your Particle wallet was automatically generated for you when you signed up to Hotline. Just click the wallet button within your account, and beside your balance on this page you should see a "Withdraw" button. This withdrawal can take anywhere from 1 to 20 minutes depending on how busy the Solana network is. Step 3: Locate your Solana USDC Exchange Wallet Address Log in to the exchange you signed up for and click the "Receive" button within the app, select "USDC" and then choose "Solana" under the network tab. All of these steps are very important, so if you're unable to find USDC or the Solana Network option, please contact the support of the exchange you have signed up for to confirm you have your Solana USDC wallet address.
Step 4: Send from Particle wallet to your Exchange wallet
Note: With crypto, all sending is final and irreversible so we always recommend sending a test first. To send a test:
Access your Hotline Wallet page
Click the purple/pink Particle button in the bottom left corner
You may need to allow for pop ups on mobile for this to open the Particle wallet
Once on the Particle wallet page, you should see a SOL balance and your USDC balance. Select your USDC balance.
Click the "Send" icon.
Paste your Solana USDC wallet address
Set the amount to $1
Press send.
Once funds have reached your exchange wallet, you can now withdraw to your bank account.
You've now sent your funds to your exchange wallet. Wait and confirm that you receive the $1 on the exchange wallet. Once you have confirmed, you can send the remaining balance.
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