Fair question. So to transfer the value of the bitcoin into a cash app you would need to convert it into the currency that the cash app was in. That would result in a loss of some of that value and in most countries it could trigger a taxable event that may need to be declared on a tax return. Due to the small amount of value it’s probably not worth the effort but that is just my point of view and I’m doing this for educational reasons mainly. If you really needed cash you would be better with maybe a survey based cash app.
You will need to have either your own bitcoin lightning wallet or an account with a crypto exchange. If not then a very trustworthy friend that has one of these might be the answer.
I have binance, I know how to get lightining address from Bitcoin, but when I paste it , it will say inefficient balance top up or lower Ur purchase, my balance is 168 SATs which 148 dollars, What is the minimum withdrawal?
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I have problem for login and the receive error is account issue detected. What's this
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Could you transfer it to your own cash app?
Fair question. So to transfer the value of the bitcoin into a cash app you would need to convert it into the currency that the cash app was in. That would result in a loss of some of that value and in most countries it could trigger a taxable event that may need to be declared on a tax return. Due to the small amount of value it’s probably not worth the effort but that is just my point of view and I’m doing this for educational reasons mainly. If you really needed cash you would be better with maybe a survey based cash app.
What if you want to withdraw cash?
It’s a bit of a pain to turn it into cash as each country has its own rules about what creates a taxable event
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Is this what you were after?
Please can u help withdraw, my money, u can't withdraw.
I'm from Nigeria
You will need to have either your own bitcoin lightning wallet or an account with a crypto exchange. If not then a very trustworthy friend that has one of these might be the answer.
I have binance, I know how to get lightining address from Bitcoin, but when I paste it , it will say inefficient balance top up or lower Ur purchase, my balance is 168 SATs which 148 dollars,
What is the minimum withdrawal?
@@IndustrialPermacultureany lightning wallets you’d recommend? And once it’s there is it possible to transfer to a cold wallet?
@@thebendyspoon2087if you want to bring it off of the lightning Network then I use the Munn wallet
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