Withdrawals
There are several ways to withdraw money from TurboWallet which are covered below.
Withdrawing Cash
This is simple: Send someone tokens, they give you cash. This can be a business that supports it, a friend or a family member, just make sure you trust the person or business.
Many businesses that accept TurboWallet for payments will provide "cashback" meaning you can ask for some extra cash along with your purchase.
A fee of 5% is added to cash withdrawals. 100% of that fee goes to the business/person providing the service. TurboWallet does not take any part of that fee. By using this service, you are supporting local businesses!
Withdrawing to a Cryptocurrency Exchange
Since TurboWallet uses stablecoins like USDC, you can send your tokens from TurboWallet directly to most cryptocurrency exchanges, then withdraw from the exchange to your bank account. To do this, click "Pay" then enter the address that the exchange provides you into the "To" line.
In most cases, you'll want to select "Ethereum" as the destination.
Cryptocurrency exchanges are all over the world so you'll have to find one that works in your region and can connect to your bank. If you are in the Europe, Canada or the US, you can use Coinbase. If you are in the Caribbean or Europe, you can use Bittrex Global.
Withdrawing to a Bank that Supports Cryptocurrencies
You can send your money directly from TurboWallet to your bank. Your bank will give you a blockchain address (starts with 0x) to deposit funds. Simply click "Pay" and enter the blockchain address for your bank in the "To" field, enter the amount and submit. That's it.
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