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Default Threshold changing
Posted: Thu Oct 05, 2017 2:51 am
by shareef790
Hi When I first setup 2 days back, the default threshold was 0.054xxx but today when I checked it has changed to 0.06xxxx - How does this work? Does it mean that we can never withdraw our funds as it keeps changing always? Kindly let me know thanks
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 2:56 am
by GregoryGHarding
its based on the coins value, if the coins value goes down, the threshhold for payout goes up. most of the coins have a 1 dollar payout threshhold, btc i belive is 100 dollars
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 3:15 am
by mck
BTC payout treshold is $250 even. You can also link your Coinbase account, then you earn BTC and get paid out when you reach the treshold of $50. Your BTC earnings are transferred to your Coinbase wallet and 'automatically' converted (fee applies) to $ or €, depending on your location.
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 3:19 am
by shareef790
No, I don't have a coinbase account as I need the funds in AU so I will wait to get the btc transferred to my nominated wallet address. Thanks guys!
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 8:49 am
by shareef790
Hi, my all earnings are more than the default threshold now but still I did not receive any payout yet, do I need to manually withdraw or will this be automatic? If automatic how soon can we receive after the default threshold has been passed. Thanks
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 10:08 am
by mycide
the same day you pass the threshold, if payment was already issued for that day, then it will payout the next day.
In rare cases payouts are not triggered, usually automatically fixed within a day or two, if not, check forums and/or open a ticket.
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 10:34 am
by shareef790
ok great, what is the payout time everyday? Is that 0.00 GMT or some other times? thx
Re: Default Threshold changing
Posted: Thu Oct 05, 2017 2:26 pm
by GregoryGHarding
shareef790 wrote:ok great, what is the payout time everyday? Is that 0.00 GMT or some other times? thx
payment threshold locks at 00:00 EST, and whatever your balance was at that time will be paid out sometime in the morning.
Re: Default Threshold changing
Posted: Fri Oct 06, 2017 12:06 am
by shareef790
Hi, already the earnings have passed 0.08xxx btc but nothing happened yet, need help how to trigger the payout please? thanks
Re: Default Threshold changing
Posted: Fri Oct 06, 2017 5:56 am
by fugju
shareef790 wrote:Hi, already the earnings have passed 0.08xxx btc but nothing happened yet, need help how to trigger the payout please? thanks
time is the best trigger...
Your earnings passend 0.08 or your eligible?
Bitcoin is an sloth and looking at btc from this time, its an dinosaur in the fast evolution of cryptocointech...