I want to send any cryptocurrencies converted within Hedge to multiple wallets automatically once they are converted from fiat to crypto. Is that possible?
Yes! That is one of the great functions of this program. You can provide many wallet addresses for each cryptocurrency you choose that is a part of Hedge.
Can I change my cryptocurrency choices and allocation percentages as often as I want?
Absolutely! You can change them as often as you wish. Each pay period can provide you a new scenario of auto conversions
Do I need my own bank account in order to use Hedge?
No! This is another great feature of Hedge. When you fill out the information to do a direct deposit with your employer, pension disbursement provider, etc., you are providing them the routing and account information of the trusted and secure third party bank account used to receive and automatically convert the pay into cryptocurrencies. This will prove to be revolutionary in many countries where some people have a hard time getting traditional bank accounts.
When I send my cryptocurrencies out of the Hedge system, will I be charged an additional fee?
No. We do not charge an additional fee for you sending your cryptocurrencies outside of the Hedge system.
Does my employer need to know or have to approve I am having my pay converted to cryptocurrencies?
No. Though we encourage employers to offer this easy program as an additional option to their employees (just like an optional insurance or retirement plan), an employer only needs to know you are filing out a direct deposit form to which fiat is being sent to. What happens after it reaches the bank account identified is completely your business and prerogative.
Is there KYC for using this service?
Yes. There is a KYC process when you wish to send any crypto outside of the Hedge system, or to another Hedge user.
Am I able to cash out into fiat through Hedge?
No. Hedge is a program dedicated to replacing the current exchange system in respect to purchasing, holding and moving a customer’s cryptocurrencies. It is not for cashing out and sending to a bank account.