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Payout Options on ByteConnect

As a streamer on ByteConnect, you have various options for receiving your earnings. Choose the one that best fits your needs:

  • ACH Transfer:

    • Details Needed: Provide your bank account details and a completed W-9 form.
    • Account Verification: The name on the bank account must match the one on the W-9 form.
    • Minimum Payout: $200. This threshold ensures efficiency in transaction processing.

  • Bitcoin:

    • Details Needed: Supply a Bitcoin address for receiving payments.
    • Creating a Wallet: If you don't have a Bitcoin wallet, you can generate a non-custodial one in ByteWallet.
    • Minimum Payout: 0.01 BTC. This is set to mitigate high network fees.

  • Lightning:

    • Details Needed: Provide an LNURL.
    • Obtaining LNURL: You can get an LNURL through ByteWallet.
    • Minimum Payout: No minimum. Lightning Network transactions are free and instant, offering maximum flexibility.

  • USDT (Tether):

    • Details Needed: You will need to provide a USDT address.
    • Minimum Payout: 200 USDT. This limit is in place to avoid high network fees.
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Important: For other cryptocurrencies like Doge, BCH, ETH, and Litecoin, although they are part of our platform, they are not currently available for payouts. Please contact our support team if you would prefer to get payed in those.

Understanding Payout Minimums​

In the Payments tab on ByteConnect, you can find the minimum payout amounts for each option. These minimums are crucial to avoid high network fees and ensure efficient processing of your earnings. Streamers are advised to familiarize themselves with these minimums to effectively manage their payout preferences.

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Special Note on Lightning Network Cost-Efficiency and Speed: The Lightning Network is a standout option for its cost-effectiveness and instant transaction capabilities. Streamers looking for immediate and fee-less payouts will find this option particularly advantageous.