So Robinhood won't let me withdraw USDC but I can withdraw USD to my bank.
So to send my contractor USDC I have to:
- convert USDC to USD
- withdraw USD
- wait 5 days for it to clear
- deposit USD to Kraken
- wait 5 days for it to clear
- purchase USDC
- send USDC
Lmao broken
In essence it takes 10 days to move USDC from Robinhood 👍
Sad thing is I started this whole process with USDC and offramped through Kraken because I finally gave up trying to convince my contractor to accept crypto.
Next day he agreed to accept it.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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