Cryptocurrency, often referred to as crypto, is a digital or virtual currency. Instead of being physical money carried around, cryptocurrency payments exist purely in the digital world, and don't rely on any central authority such as a bank.
When choosing to use crypto, one of the most important things to consider is the type of crypto wallet you want to select. Crypto wallets store the private keys that you need to make cryptocurrency transactions and retrieve your digital assets. The most popular crypto wallets are:
Desktop wallets involve downloading an application to your desktop or laptop, and can be accessed only from the system they’re installed on. The application will help in generating a data file for holding your keys. Desktop wallets offer the advantage of ownership of your key, and are cost-efficient.
You can access web wallets directly through a web browser, and they ensure accessibility for crypto assets from any location and device. In the case of web wallets though, the website has ownership of the keys to your crypto assets.
Mobile wallets are similar to desktop ones, having to install a mobile application on your phone. They present better flexibility for exchanging funds and have a user-friendly interface.
Telegram users can have a crypto wallet right in their app. This wallet enables you to exchange cryptocurrencies for other coins, and send cryptocurrency to other Telegram users.
In general, we offer more than 50 cryptocurrencies. For payouts, we offer four: USD Coin (USDC), Bitcoin, Ethereum, and Tether (USDT). USDC payouts are executed through the ERC20 network, Bitcoin payouts through the Bitcoin Network, and Ethereum payouts through the Ethereum Mainnet. Payouts in USDT are made through the TRC20 network.
The minimum amount for crypto payouts is $100 for USDC and Ethereum, and $50 for Bitcoin and USDT. Once reached, the payment will be scheduled and sent every week on Tuesday (note that the payment will be in the selected cryptocurrency, not dollars). To cover conversion and network fees, 1% will be deducted.
You can set up crypto as your payout method in your Payment Settings by selecting the cryptocurrency you wish to be paid in, minimum payment amount, your country of residence and your crypto wallet address.
You also need to choose the wallet owner. A wallet owner is a person that has control of the private key to the wallet.
All the details were implemented for your security to make sure you have access to the wallet you specified.
If you wish to track a payment, you can enter your wallet address into https://www.blockchain.com/explorer for Bitcoin or https://etherscan.io/ for Ethereum and USDC, look through all the transactions of your wallet, and find the specific transaction you're looking for based on the date of the payout.
NOTE: payouts in ETH, USDC, and USDT may be executed via smart contracts.
Before you choose ETH, USDC, or USDT for payouts, make sure your crypto wallet accepts incoming transfers from smart contracts. If it doesn't, your payouts may get lost and never reach you.