Mass Payouts

What is Mass Payouts?

The Mass Payouts feature allows you to send multiple cryptocurrency payments in a single batch. Instead of processing each payout individually, you can simply upload a CSV file containing all the payout details, and our platform will handle the rest - validating the data, calculating fees, and executing transactions seamlessly.

How It Works

1. Download the CSV template from the Mass Payouts page in the user interface of your account

2. Fill in the required details, such as recipient addresses, amounts, and payout currencies

3. Upload the completed CSV to the platform

   1. When uplodading the file, pay your attention to the "Absorb fees" toggle in the user interface

      1. If FALSE, both Txn service and network fees are deducted from the transaction amount

      2. If TRUE, both fees are deducted from your account balance instead

4. Our system validates the data

5. Review and confirm the batch before processing

6. Our system executes the payouts automatically

CSV Template

2KB

Txn Mass Payouts CSV Template Example.csv

How to Populate the Mass Payout CSV

• Charge Currency → The currency of your account from which the payout amount will be deducted

• Charge Amount → If you fill in this column, the payout amount will be specified in your account's currency (Charge Currency)

• Pay Currency → The cryptocurrency or token code for the payout

• Pay Amount → If you fill in this column instead of Charge Amount, the payout amount will be specified in the cryptocurrency (Pay Currency)

• Pay Network → The blockchain/network to which the payout will be sent

• Address → The recipient's wallet address

• Destination Tag → Required only for XRP transactions

• Reference → A unique reference ID to link the payout to a recipient. This can be any identifier you choose, but it must be unique for each payout in the transaction

Example: How to Populate the Mass Payout CSV

Scenario 1: Charging in Fiat and Paying in Crypto

Charge Currency	Pay Currency	Pay Amount	Pay Network	Address	Destination Tag	Reference
EUR	USDT	1000	TRX:USDT	TTbGTMwUwA3mncLP7xqCZei1ekaNSgeAJe	(empty)	(empty)

• This payout is charged in EUR from the sender’s account

• The recipient receives 1000 USDT on the TRON network (TRX:USDT)

• The recipient's wallet address is TTbGTMwUwA3mncLP7xqCZei1ekaNSgeAJe

Scenario 2: Charging and Paying in the Same Cryptocurrency

Charge Currency	Pay Currency	Pay Amount	Pay Network	Absorb Fees	Address	Destination Tag	Reference
USDT	USDT	1000	TRX:USDT	FALSE	TTbGTMwUwA3mncLP7xqCZei1ekaNSgeAJe	(empty)	(empty)

• This payout is charged directly in USDT, meaning the amount specified (1000 USDT) is sent without conversion

• The recipient receives 1000 USDT on the TRON network (TRX:USDT)

• The recipient’s wallet address is TTbGTMwUwA3mncLP7xqCZei1ekaNSgeAJe

List of Supported Currencies

Supported currencies