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How To Choose Where To Receive Your BTC (Payouts)
How To Choose Where To Receive Your BTC (Payouts)

Step by step guide on how to set your payout channel on Bitnob.

Chika avatar
Written by Chika
Updated over a week ago

To set a BTC/USD Wallet as the default method to receive bitcoin sent to your BTC address, follow these steps:

  • Tap the “Actions” tab at the bottom of your home page

  • The app actions will pop up on your screen

  • Tap "Settings"

  • Tap "Payouts" under the Payments card

  • Tap "Auto Payouts"

  • Select a Wallet (either USD or BTC Wallet).

  • Tap “Finish”.

  • Congratulations! You have successfully set a default wallet for every bitcoin received.

To split every bitcoin received between your USD and BTC Wallets, follow these steps:

  • Tap the “Actions” tab at the bottom of your home page

  • The app actions will pop up on your screen

  • Tap "Settings"

  • Tap "Payouts" under the Payments card

  • Tap "Split Payouts"

  • Set the percentage you want to be directed to each wallet.

  • Tap “Finish”.

  • Congratulations! You have successfully set a default split option for every bitcoin received.

To direct every bitcoin received to a bank account in NIGERIA, follow these steps:

  • Tap the “Actions” tab at the bottom of your home page

  • The app actions will pop up on your screen

  • Tap "Settings"

  • Tap "Payouts" under the Payments card

  • Select an existing withdrawal destination or add a new one. To add a new bank account:

    • Tap on "Add new destination"

    • Select the withdrawal currency

    • Select the "account type"

    • Input details of the destination bank account

    • Tap "Save"

  • Tap “Proceed”.

  • Congratulations! You have successfully added a bank account to receive every bitcoin sent to you.

Tap here to set your payout destination to receive BTC with ease.

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