Payouts
Payout are payments, withdrawals, and transfers made from your wallets.
Key points
The system supports payouts in crypto currencies.
For Enterprise wallets, the payment currency must always match the wallet currency. For Merchant wallets, the payment currency may differ from the wallet currency.
Internal transfers are possible between Merchant wallets denominated in the same currency and belonging to the same Owner. The internal transfers are executed off-chain, no commission is charged.
Each on-chain transaction requires a certain number of blockchain confirmations. This number is specified for each currency in the Coinsbuy Back Office. Until the required number of confirmations is received, the transfer is assigned the Unconfirmed status. When creating a payout, you can overwrite this setting by specifying the Required block confirmations value. In this case, the payment is assigned the Confirmed status once the specified number is achieved.
The processing speed of a transaction on the blockchain depends on the blockchain fee amount. You can choose the fee amount when creating a payout.
Information about new transfers associated with a payout can be sent to your system via a callback.
Each payout can be assigned a special identifier by which the related transactions can be tracked in an external system.
You can save frequently used addresses to the Address book to save up time when creating regular payouts.
Payout list
On this page, you can view a list of all payout from your wallets.
The following information is provided about each payout:
ID
The unique system identifier of a payout. This is a link to payout details.
This value is generated automatically at the moment of payout creation and can’t be changed.
Created
The date and time when a payout was created.
Label
The tag or name assigned to a payout for easier locating it in the system.
This value is set when creating a payout and can be changed anytime.
Wallet type
The type of a wallet from which the payout was made.
Wallet
The label or system identifier of a wallet from which the payout was made. This is a link to wallet details.
Receiver
The blockchain address (abridged) of a receiver’s wallet. This is a link to the explorer.
Receiver (full)
The blockchain address (full) of a receiver’s wallet. This is a link to the explorer.
Status
The current payout status. Possible values:
Waiting for approval: For a payout created by a user with the Withdrawal with approval role: the payout was created and awaits the approval.
Approved: The payout was approved.
Canceled: The payout was canceled.
Currency
The payment currency.
For Enterprise wallets, always the same as the wallet currency. For Merchant wallets, may differ from the wallet currency.
Tracking ID
The unique user-provided identifier assigned to a payout for easier locating it in external systems.
This value is set when creating a payout and can be changed anytime.
Amount
The payout amount, in the payment currency.
Charged amount
The payout amount, in the wallet currency, including commissions charged.
Updated
The date and time when the payout status was last updated.
Payout details
To access payout details, click a payout ID in the payout list.
In the upper part of the page, you can find essential information about the payout — click the chevron icon to expand it:
The payout identifier, label (if set), and current status.
The information about your wallet: the wallet identifier, label (if set), type (
Efor Enterprise andMfor Merchant), and current balance.The payment currency.
The paid amount in the payment currency.
The total commission amount charged for payout processing.
The destination address.
The information below is divided into tabs:
On this tab, you can access and change payout settings.
Label
The tag or name assigned to a payout for easier locating it in the system.
Tracking ID
The unique user-provided identifier assigned to a payout for easier locating it in external systems.
Callback URL
The URL for callback notifications on new transactions.
Required block confirmations for callback
The number of confirmations needed to receive an additional callback.
If this field is not empty, two callbacks are sent: upon receiving the number of confirmations specified here and upon receiving the number of confirmations specified in the system settings. The corresponding transaction is assigned the Confirmed status as soon as the number of confirmations specified in this field is received.
Receiver
The receiver type (natural or legal person) and name.
Address
The receiver’s address, as defined by postal services.
On this tab, you can find a list of transactions associated with the payout.
ID
The unique system identifier of a transfer. This is a link to transfer details.
Created
The date and time when a transaction was received by Coinsbuy.
TXID
The blockchain transaction identifier, the same as the transaction hash. This is a link to the explorer.
Status
The current status of a transfer. Possible values:
Canceled: The transfer was canceled due to security reasons or a transfer amount being too small.
Blocked: The transfer was considered suspicious during the AML check and is temporarily blocked until further Compliance verification.
Failed: The transfer has failed on the blockchain.
Created: The transfer has been created and is currently in the queue for processing, the status will be changed soon.
Unconfirmed: The transfer hasn’t yet received the required number of block confirmations.
Confirmed: The required number of block confirmations has been received and the transfer is completed.
Confirmations
The current number of received confirmations on the blockchain. Applicable only for on-chain transactions.
Amount
The transaction amount, in the payment currency.
Amount target
The transaction amount, in the wallet currency.
Rate target
If the payment currency differs from the wallet currency, this is the exchange rate of the payment currency to the wallet currency, valid at the moment of the transaction execution.
If the payment currency is the same as the wallet currency, this value is equal to 1.
Commission
The fee charged by Coinsbuy for transaction processing, in the payment currency.
Currency
The payment currency.
On this tab, you can view the payout history.
Created
The date and time of an action.
Initiator
The performer of an action. Possible values:
System: System actions, such as wallet creation or status changing.
API: Actions performed via the API.
Email address: Actions performed by a specific user via the user interface.
Reason
The action type. Possible values:
Created: The payout has been created.
Changed: The payout has been changed.
Deleted: The payout has been deleted.
Comment
The description of the action.
Field name
The field that has been changed as a result of the action.
Old value
The previous state of the field.
Actual value
The new state of the field.
See also:
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