What does an urgent payout mean?

What is an urgent payout?

The fastest and most cost-effective way to get paid is by selling from your Bitonic account — either via the app or directly on our website. When you sell bitcoin from your Bitonic account, your payout is usually processed automatically, instantly, and free of charge. In that case, you do not need an urgent payout.

An urgent payout is only relevant if you're selling from an external bitcoin wallet, using Bitonic Instant.

How does an urgent payout work?

With an urgent payout, we manually prioritize your sale from an external wallet. As soon as the transaction has at least one network confirmation, we process your payout as quickly as possible.

• Fee: 0.25% of the transaction amount, with a minimum of €7.50
• Maximum amount: €10,000

When will I receive the money?

• Dutch bank account: Selling before 20:30 CET with sufficient confirmation? In most cases, your funds will arrive within one hour. Selling later in the evening or during the weekend? Then the payout will be processed the next business day around 09:30 CET.

• Foreign bank account: Urgent payouts to foreign bank accounts work the same way. If your bank supports instant payments, you'll receive the funds quickly. Otherwise, it may take up to one business day.

Important notes:

• When selling from an external wallet, always use a minimum miners’ fee of 0.0003 BTC to ensure timely network confirmation.
• Urgent payouts are only processed on business days.
• Selling from your Bitonic account (via the app or the website)? Your payout is handled automatically, free of charge, and usually instant.