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Cash Out Introduction and FAQ

Cash Out Introduction

 

The Livestar community is growing at an exponential pace! We are extremely touched by the connecting and sharing that goes on every single day. With live streamers producing amazing content, and viewers rewarding their favorite streamers with virtual gifts, the Livestar team is proud to announce that the Cash Out feature is here!

 

Cash Out FAQ

 

What is Cashing Out?

 

Cashing out is the process by which dedicated and successful live streamers can convert the Star Bucks in their account into real money.

 

What do I need to do in order to Cash Out?

 

Cash Out Requirements

 

In order to Cash Out, you must meet specific requirements:

  1. 20,000 Star Bucks:Once you reach 20,000 Star Bucks earned, the Cash Out feature will be available to you. After that, you will be able cash out with the regular minimum amount, which is 3125 Star Bucks.
  2. You must have a working PayPal account.
  3. You must be able to verify your account via both email and SMS messages.

 

*Please note that that the requirement of 20,000 Star Bucks is subject to change.

 

How do I use PayPal with Livestar to Cash Out?

 

In order to Cash Out, you are required to link your PayPal account to your Livestar account.

During the Cash Out process, after you have completed Email Code Verification and Mobile Verification (SMS), a prompt will appear to add your PayPal account.

When you return to the Livestar app, confirm the PayPal account that will receive the Cash Out amount, along with the actual Cash Out amount. Then tap the Submit button. At this point, your request to Cash Out will be accepted by our systems, and will be put into our review process for eventual funds transfer.

 

What is the minimum amount of funds I can Cash Out?

 The minimum amount of funds you can Cash Out per request is $25.

 

What is the maximum amount of funds I can Cash Out?

The maximum amount of funds you can cash out per request is $400. that Cash Out limits are subject to change.

 

Are there any other Cash Out limits?

There is a limit of six Cash Outs per month.

In addition to the minimum and maximum Cash Out limits, there are 30 and 60-day Cash Out limits. In the first 30 days, you can only Cash Out 70% of your total Star Bucks. Between the first 30 and 60 days, you can Cash Out 85% of your total Star Bucks. After that, you can Cash Out 100% of your Star Bucks.

 

How long does it take to receive funds after Cashing Out?

The estimated time to process Cash Outs from successful submission to funds transfer is approximately 7-9 business days.

 

What is the verification process for Cashing Out?

After selecting the Cash Out amount, you will need to verify the Cash Out process three times on the Livestar app:

 

  1. Submit a verification code sent to email.
  2. Submit a verification code sent to your phone number via SMS.
  3. Link your PayPal account to you Livestar account.

 

Please make sure you have access to the email address associated with your Livestar account, as well as the ability to receive SMS messages.

 

What is the conversion rate from Star Bucks to $USD?

125 Star Bucks = $1 USD.

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