Articles on: Payments

Withdrawing to a Cryptocurrency Wallet: Bitcoin, Ethereum, Stablecoin, USD Coin & USD Tether)

This withdrawal method deposits your goLance earnings directly into your chosen crypto wallet. A cryptocurrency wallet is a software program that enables users to send and receive digital currency based on blockchain technology. goLance support withdrawals to:

Bitcoin,
Ethereum
USD Coin and
USD Tether



Countries Available:
Most countries around the world.

goLance Fee:
$2 USD per transaction.

Cryptocurrency Network Fee
Variable mining fee, usually less than 1%.

Payment Network Currency Conversion Rate
The payment processor that goLance partners with will convert your money to your crypto of choice at the current market rate. You will see the amount that you will receive before approving the withdrawal.

Time to Withdraw
Usually within a few hours, but sometimes we run additional fraud checks that can take 1-2 days in rare cases. Especially on your first time withdrawing to a crypto wallet, or if you are new to goLance.

Advantages
Usually Fast.
Anonymous.
Usually low fees.

Disadvantages
Cryptocurrency prices are always fluctuating, so sometimes the amount you receive is slightly different than the estimated withdrawal amount, especially if we run additional fraud checks that take more time. This is because we convert to crypto after all fraud checks are complete, not before.

When to Use
If you are familiar with cryptocurrency and understand the benefits and risks.

Set Up
We request ID verification in order to make a cryptocurrency available to users, please reach out to our customer support team to enable this payment method.

Updated on: 15/03/2023

Was this article helpful?

Share your feedback

Cancel

Thank you!