Who can use Zedkr Cash and where is it available?

Learn about the age, regional, payout account and wallet requirements for using Zedkr Cash.

Zedkr Support

Last Update 2 bulan yang lalu

Zedkr Cash is available to eligible adults who have access to a supported payout app and hold a supported asset on Robinhood Chain.

There is no separate list of countries supported by Zedkr Cash. Availability depends primarily on whether your selected payout app and currency are available in your region.

What is the minimum age? 

You must be at least 18 years old to use Zedkr Cash.

By using Zedkr Cash, you confirm that you meet the minimum age requirement and are legally permitted to use crypto and payout services in your region.

Where is Zedkr Cash available?

You may use Zedkr Cash from any region where your selected payout app and currency are supported, subject to applicable local laws.

The availability of Monzo, Zelle, Chime and Revolut varies by region. Each provider may also apply its own account, identity verification and transaction requirements.

Zedkr Cash does not override the regional restrictions or terms established by your payout provider.

Which payout apps can I use?

Zedkr Cash currently supports:

  • Chime
  • Monzo
  • Revolut
  • Zelle

You must have access to the selected payout account and be able to receive payments in the chosen currency.

Which currencies are available?

The supported currency depends on the payout app:

  • Chime: USD
  • Monzo: GBP
  • Zelle: USD
  • Revolut: AUD, CAD, CHF, EUR, GBP, MXN, NZD, SGD, TRY, USD and ZAR

Do not select a currency that your payout account cannot receive.

What payout information do I need?

The required information depends on the payout app:

  • Chime: Your ChimeSign, including the $ symbol
  • Monzo: Your Monzo.me username
  • Revolut: Your Revtag
  • Zelle: The email address or US phone number enrolled with Zelle

You must provide accurate payout information. Incorrect details may delay the order or cause the fiat payment to be sent to the wrong account.

Your payout information is sent to Peer so the buyer can complete the payment. Zedkr does not see or store this information.

Do I need to complete identity verification?

Zedkr Cash does not currently require a separate Peer identity verification step for a standard cash-out.

However, Monzo, Zelle, Chime or Revolut may require identity verification to create or use an account. You remain subject to the requirements and terms of your selected payout provider.

Para also requires access to the email address associated with your wallet so you can receive and enter your login verification code.

Do I need a Para wallet?

Yes. Zedkr Cash uses a Para wallet to hold the Robinhood Chain asset you want to cash out and to authorize the required transactions.

You can create or access your Para wallet by signing in with your email address and entering the verification code sent by Para.

Which assets do I need?

Zedkr Cash currently supports:

  • ETH
  • USDG
  • CASHCAT
  • LOCK

The asset must be held on Robinhood Chain.

It can initially be held in another wallet. Before starting the cash-out, use the Receive option in Zedkr Cash to copy your Para wallet address, then send the amount you want to cash out from your other wallet.

If the asset is already in your Para wallet, you do not need to transfer it again.

Do I need additional funds for gas?

No. You only need to fund your Para wallet with the asset and amount you want to cash out.

Zedkr covers the required gas costs for the cash-out transaction. You do not need to deposit additional ETH or another native asset for gas.

Applicable transaction fees are deducted from the amount selected during the cash-out and are displayed before you confirm.

What are the transaction limits?

The minimum cash-out is $5 and the maximum is $5,000.

The limits apply to the value of the asset being sold. The fiat amount you receive will be lower after applicable protocol, Relay and conversion costs are deducted.

Are there any legal restrictions?

You are responsible for following the laws and regulations that apply in the region where you use Zedkr Cash.

Zedkr Cash is an interface for accessing the underlying services used to complete a cash-out. Zedkr is not a bank or custodian and does not control the regional availability or account requirements of Monzo, Zelle, Chime, Revolut, Para, Relay or Peer.

If you are unsure whether you are permitted to use a payout or crypto service in your region, review the provider’s terms and seek appropriate local guidance before continuing.

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