regarding minimum payout

leciabratt's Avatar

leciabratt

14 Jan, 2018 12:23 AM

hi you stated that Payouts are automatic and once daily during the business week. They usually happen at the end of the day PST. Minimum for a btc payout is .02 BTC thats $1000. dollars at the moment. is it that you cant take you money out until it hits .2 of a btc?

  1. Support Staff 1 Posted by GoCoin DevTeam on 14 Jan, 2018 02:07 AM

    GoCoin DevTeam's Avatar

    To clarify, this is for automated daily (business days) crypto payouts. The current default BTC minimum is 0.02 (~$280 now). If desired, you can notify us what limits you would like for your merchant account for each currency accepted.

    In addition, you can request payout at any time (via support) and we will make your payout regardless of your balance. Keep in mind that Bitcoin blockchain (miner) fees have been very high lately and they are deducted from your payouts. (These fees are not collected by GoCoin, but are part of the blockchain infrastructure.)

  2. GoCoin DevTeam closed this discussion on 14 Jan, 2018 02:07 AM.

  3. leciabratt re-opened this discussion on 15 Jan, 2018 12:48 AM

  4. 2 Posted by leciabratt on 15 Jan, 2018 12:48 AM

    leciabratt's Avatar

    Ahhh great to know.. that makes alot of difference to my business thankyou
    Leciabratt

  5. julien closed this discussion on 15 Jan, 2018 06:48 PM.

  6. leciabratt re-opened this discussion on 26 Feb, 2018 12:37 AM

  7. 3 Posted by leciabratt on 26 Feb, 2018 12:37 AM

    leciabratt's Avatar

    Hi, My name is lecia bratt
     have registered for go coin. not sure what im doing . couple issues.
    1. how do i verify account
    how do i get my merchant info to put in shopify
    2 account details in australia a little different then what u ask.
    we have a bsb no and acount no (whats a swift no?
    thankyou
    lecia
    [email blocked]
    0432043015

  8. 4 Posted by leciabratt on 26 Feb, 2018 12:38 AM

    leciabratt's Avatar

    Hi, My name is lecia bratt
     have registered for go coin. not sure what im doing . couple issues.
    1. how do i verify account
    how do i get my merchant info to put in shopify
    2 account details in australia a little different then what u ask.
    we have a bsb no and acount no (whats a swift no?
    thankyou
    lecia
    [email blocked]
    0432043015

    --
    lecia bratt
    0432043015

  9. Support Staff 5 Posted by julien on 26 Feb, 2018 11:06 PM

    julien's Avatar

    Hi Lecia,

    To verify your account you will need to add KYC documents to the merchant dashboard. This includes a government issued ID for the account holder as well as proof of address and a business document that shows the identity of the business. Articles of organization are a good example.

    A swift code is an identifier most banks use to send funds internationally.

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