Creating a $cashtag name is an important way to make it easier for people to find you and send money directly to your bank account. A cashtag is a unique identifier that allows someone to transfer funds directly into your bank account, without the need of entering in all their banking information. To create a $cashtag, start by signing up with a payment services provider like PayPal or Venmo. Once you have registered with them, they will provide you with instructions on how to set up and manage your cashtags. Generally this involves setting up an email address associated with the cashtag and then providing additional security measures such as two-factor authentication. After completing these steps, you can now use your cashtags whenever making purchases online or transferring money between friends – just enter the unique identifier provided (e.g., @YourName) instead of having to fill out lengthy forms every time!