Any chance of adding SHIB as a payout option?

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FDDanny
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Re: Any chance of adding SHIB as a payout option?

Post by FDDanny » Sun Aug 07, 2022 11:19 am

Double Checking, last time I saw it pop up there was a large amount needed before payout, vaguely $1500 us before payouts. Is that still the case or can I mine and transfer nightly?
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Sarah Manter
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Re: Any chance of adding SHIB as a payout option?

Post by Sarah Manter » Mon Aug 08, 2022 8:28 am

You can transfer nightly if you set up direct to Coinbase payouts. We have been having issues with Coinbase recently, as they randomly locked us out out of our account without providing a reason. As of now, they have unlocked the account and the direct to Coinbase payouts are back up and running.
FDDanny
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Location: Los Angles, CA

Re: Any chance of adding SHIB as a payout option?

Post by FDDanny » Tue Aug 09, 2022 10:36 am

Hello and thanks, was referring to the payout threshold. It looks like its 1,000 dollars before payout. Is that correct?
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Sarah Manter
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Re: Any chance of adding SHIB as a payout option?

Post by Sarah Manter » Tue Aug 09, 2022 5:27 pm

FDDanny wrote: Tue Aug 09, 2022 10:36 am Hello and thanks, was referring to the payout threshold. It looks like its 1,000 dollars before payout. Is that correct?
Yes, if you choose on-chain payouts for SHIB the free threshold equals about $1000.00 USD. You can choose a threshold lower than the free threshold, but if you do so, you can incur fees (which we typically absorb at the free threshold), and depending on how low you make the threshold, you can actually end up losing money. There is an explanation of why we set the thresholds why we do here: https://youtu.be/DHI0CyYBIZA
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