Withdrawals

With Confirmo, you have several options to withdrawing the balance gained from invoicing or charging your Confirmo account.

Customize your withdrawals with Payouts

Payouts are designed for flexibility. These manual, on-demand transactions are useful when a business needs to transfer cryptocurrencies immediately. Payouts can be customized through Confirmo’s flexible API to create Mass Payouts (bulk transactions to any number of recipient addresses simultaneously) and Recurrent Payouts (scheduled repetitive transfers). The Payouts feature is particularly beneficial for businesses that need to send funds to contractors, employees, or traders.

Streamline your cashflow with Settlements

For businesses seeking regular, automated transfers, Confirmo offers Settlements. These are like traditional standing orders – automatic transactions to either a bank account or crypto wallet. Settlements operate on a recurrent schedule, allowing for the transfer of fiat currencies, cryptocurrencies, and stablecoins. This option provides a consistent and predictable cashflow. You can set a minimum keep balance to maintain liquidity in your account – the amount that you set will always remain in your account, even if you have a Settlement scheduled.

Withdrawal currencies

Confirmo supports a variety of currencies for Payouts and Settlements:

  • Crypto Payouts in BTC, ETH, SOL, LTC, TRON, USDC, and USDT.
  • Crypto Settlements in BTC, LTC, USDC, and USDT.
  • Fiat Settlements in EUR, USD, and CZK.
Withdrawal fees

Payouts have a base fee of 0.5% which decreases with higher company turnover. This is a fee for converting from your balance to the desired cryptocurrency. This fee is deducted from your remaining balance, so your recipient will always receive the full amount you pay them out. For instance, if you Payout $100 worth of BTC, the recipient receives $100 worth of BTC (at the time of conversion), while the transaction fee is deducted from your balance in USD or EUR.

Settlement withdrawals are free of Confirmo fees, only standard bank fees apply.