Crypto Mass Payouts allow you to distribute payments to a large audience with ease. This includes payroll, commissions, rewards, and other large-scale transfers.

Follow this step-by-step guide to efficiently execute mass cryptocurrency payouts via NOWPayments.

General requirements

Methods for Creating Payouts

FAQ

1. What are Mass Payouts?

Mass payouts allow you to send cryptocurrency to multiple wallet addresses. This is ideal for businesses handling payroll, commissions, rewards, or any scenario involving bulk payments.

2. I do not want to confirm every payout with a code. What should I do?

If you do not want to confirm every payout with a code, you can send an email from your registered email address to [email protected]. In your message, include the following statement: "I’d like to disable 2FA on payouts, and I accept all associated risks."

3. Do you offer fiat payouts?

Currently, we do not offer mass payouts in fiat. However, you can withdraw funds from your Custody to your bank account via our third-party providers. Please refer to the Fiat Guide for the detailed withdrawal process.

4. What is the minimum amount required for a withdrawal?

The minimum withdrawal amount depends on the cryptocurrency and its network requirements. Use the Get minimal amount for withdrawal API endpoint to check the current limit for a specific cryptocurrency.

5. Is there a maximum limit for mass payouts?

There is no predefined limit for mass payouts. However, for security reasons, funds are stored in cold storage. If you plan to withdraw more than the equivalent of 0.1 BTC, please notify us in advance for proper preparation.

6. Is there a fee for mass payouts?

We do not charge any service fee for payouts, only the network fee. The network fees for each payout depend on the blockchain used and its current network congestion. These fees are dynamic and may vary.

7. How do I know if my mass payout was successful?

You can check the status of your payouts using the Get Payout Status API endpoint or in the Mass Payout section of your dashboard. The possible statuses are "creating," "processing," "sending," "finished," "failed," or "rejected."

8. Can I cancel a mass payout after it's been initiated?