Withdrawal methods
When you’ve finally reached your payment threshold, you are probably ready to withdraw your cash and get your profit. However, you may not know all of the acceptable ways you can withdraw your money, or you are just curious on how you will get your money. In any case, in this post I will be explaining just that.
Now you may be curious about how you get your money, which in that case, the first thing you must do is go to Settings > Profile. Then under withdrawal info this is where you will input your information. There are a few withdrawal methods we have, and I will go over them.
Note: We cover any transaction fees charged by the processor if you withdraw more than $200. This excludes Cryptocurrency due to the uncertainty of the network fees.
Note: Payments are processed 2-3 business days after they have been approved, which occurs on the 1st and the 14th of each month.
PayPal
PayPal is a popular withdrawal method with our users, and rightfully so. It’s fast and convenient and easy to pay with. It is also more popular and for privacy reasons, users may prefer this method. However, there are some things we must note about PayPal. The processing fees for PayPal transactions are around 2.99% + 0.30 – 5% + 0.99. Due to the fee, we will take this from your final withdrawal amount. For example, if you withdrew 5 dollars, when you get your withdrawal payment, you will only be getting $4.55. Please choose your payment options carefully as we have other options that may suit you well. Some with lower fees and some with zero fees altogether. (Update: As of 08/23/2023, we no-longer charge PayPal Processing fees. You will receive the full amount you request to withdraw)
Cryptocurrency
We are aware that some care about privacy, this is why we offer cryptocurrency withdrawals as well. Currently the accepted withdrawal currencies are Bitcoin, Litecoin, and Tether. Due to the fluctuations in network fees, the minimum threshold for the withdrawal method is $100. Please specify in your withdrawal method the wallet address. Your withdrawal amount will be calculated based on the current price of the coin when converted into USD, any fluctuations in the price after we send the payment is not on us. Due to the fluctuations in network fees, we advise you to check them before requesting payment.
Note: PLEASE DOUBLE, TRIPPLE, AND QUADROUPLE CHECK YOUR WALLET ADDRESS. IF YOUR FUNDS END UP IN THE WRONG WALLET. THIS IS NOT ON US.
ACH Transfer (U.S)
We also offer the option for you to receive your funds VIA ACH. If you pick this option, this is only valid for those located in the U.S. There is some critical information we need when executing a U.S. bank transfer. For example, name, address, phone number. You can either mention this in the withdrawal information box or include it on your profile. Whichever the case we need this information. Failure to provide this information will result in a withdrawal denial. Also, we need your bank/credit union routing number and account number. This is crucial information to ensure your funds get to the right bank. The great thing about this method is, it’s FREE! No fees at all. You withdraw $5 you get $5! However, ACH transactions do take 2-3 business days. So, keep that in mind when executing a ACH withdrawal as there is a 14 business day period before we send your funds.
Wire Transfer (U.S.)
We also offer a wire transfer option for those in the U.S. Similar to ACH we require critical information such as name, address, phone number. You can either mention this in the withdrawal information box or include it on your profile. Whichever the case we need this information. Failure to provide this information will result in a withdrawal denial. Also, we need your bank/credit union routing number and account number. This is crucial information to ensure your funds get to the right bank. Unlike ACH Transfer, this method is not free. Wire transfer tends to be very expensive, and this is no exception. The transfer fee is $25. Due to the high fees, we require at least $50 to withdraw using this method. The pro is that wire transfers usually happen within 1-2 hours. However, do note that we require at least 14 business days to process your payment. As always, please weigh your options carefully.
Wire Transfer (International) (Currently Disabled)
Any bank account outside of the U.S will be an international wire transfer. To execute one of these we will need your Bank Name, the Beneficiary’s Account Number, the International Bank Account Number (IBAN) and the SWIFT Code. We will also need information on you such as your Name, Street address, City, State/Province, Zip/Postal Code, and Country. If your bank requires any additional details (Such as For Further Credit To), PLEASE give us the information. Otherwise, you may not receive your funds. Please note that a wire transfer may be made from either TransferWise or from the companies account, depending on the circumstances.
Check (U.S. Only)
Old school and like paper checks? No worries, we offer that option as well. Just make sure the information on your profile is correct, and we will get your check mailed to you as soon as possible. Note this option is only for U.S. residents. A $1.50 fee also applies for handling. As always, please weigh your options carefully.