Cashing Out to Your Bank

This page gives step by step instructions for cashing out earnings from SHARE into your bank account.

You can cash out from SHARE easily and directly from the application. Follow the steps below to instantly convert and transfer your funds.

  1. In the SHARE App Navigate to Dashboard -> Home and press Transfer Balance.

This is the Home tab of the Dashboard page in the SHARE web application.

  1. Next select the cryptocurrency you'd like to convert to cash. In this case, we'll select Polygon.

Until you cash out, your balances are held as digital currencies on a blockchain.

  1. Press Get Started with Beam. Beam will ask you for details about where you'd like to transfer the funds. For example you can provide your debit card or bank information. You'll only need to setup Beam once. We recommend providing a debit card as the cash out option as it results in faster transfer times.

You'll setup Beam once to provide your debit card or bank details for receiving your funds.

  1. Once your account is setup and you've provided Beam with your bank or debit card information, view the Payout address section.

Beam will provide you with a list of Payout addresses. You'll transfer your funds to one of these addresses and Beam will then convert the funds to cash in your bank.

  1. Since we're using the Polygon cryptocurrency, we're going to copy the Polygon payout address.

Copy the Payout address.

  1. Navigate back to SHARE and press Proceed.

Now that you have a Payout address from Beam, you'll proceed to the next step.

  1. Paste the Polygon address copied from Beam into the Address input field.

Paste Polygon address from Beam into Address input field.

  1. Enter the amount you'd like to transfer then press Proceed.

Above we've entered $30, which will be cashed out using Beam.

  1. Review the details and press Confirm.

The confirmation details show the amount in USD that's being transferred, as well as the equivalent amount in cryptocurrency, which in this case is 66 POL on Polygon.

  1. Wait the transfer to complete and do not refresh or leave the page until finished. Once the transaction has completed, navigate back to Beam and view the payout transaction history.

  1. You'll receive a confirmation email from Beam. Please note that Beam charges a small fee for the service which is outside of our control.

  1. View your bank account and confirm the payment has been cashed out. This will take 5-10 minutes if you've setup Beam with a Visa debit card or RTP. If you're using ACH, it will take 1-2 business days.

Done!

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