tomtph wrote:Hi there, I've configured my payouts to be in monero and I did observe that the payout threshold changed a few times recently, now it sits at ~1.5 (250$) and the estimated fee for smaller payouts is not available. Can someone explain whats goging on? Will the threshold be lowered again? thanks
Unfortunately, Monero is a very expensive network, with fees approaching $2 now. We target fees for free payouts at 0.5%, so we never pay more than 10% of our profit in fees.
You can expect the thresholds on Monero to increase dramatically, likely to $1000, within a few months. If you would like smaller payouts, then it would be best to select a different coin, as you will also be charged the network fee again when you resend the money. The next most expensive network is bitcoin, with fees averaging 15 cents yesterday.
Last edited Wed May 09, 2018 11:23 AM UTC by Steve Sokolowski; edited 1 time(s).
