Skip to main content

About Satoshi: πŸ’° Cash

This article helps answer the most common questions about funding and transfers on Satoshi.

Tommy Massari avatar
Written by Tommy Massari
Updated over 9 months ago

Add, hold and withdraw dollars on Satoshi

Introduction

This article simplifies the process of USD transfers on Satoshi, covering essential information on deposits and withdrawals to enhance user experience.

Note: The Cash feature on Satoshi is currently available only to U.S. citizens.


Payment Methods

  • Supported Method: Satoshi currently supports only Automated Clearing House (ACH) bank transfers, with plans to expand payment options soon.

  • Bank Compatibility: Our system integrates with Plaid, ensuring compatibility with major banks including Chase, Bank of America, Wells Fargo, and others.


Add Cash

  • Zero fees to Add Cash to Satoshi

  • After adding a payment method, use ACH to add cash to your Satoshi account

  • Use your Cash to buy Bitcoin.


Cash Out

1. Standard Cash Out

  • Timing: Typically 3-5 business days, though this can vary.

  • Fee: 0.5%.

2. Instant Cash Out

  • Timing: Funds are immediately available in your bank account.

  • Fee: 1.5%


Conclusion

Satoshi offers a straightforward and efficient approach to managing USD transactions, ensuring ease of use for depositing and withdrawing funds.

Did this answer your question?