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Payout via exchange??

Marvin Parsons 6 years ago • updated 6 years ago • 3

In pool stats I see the "Minimum payout via exchange" info and it says it pays out at 1 xmr.

Does that mean I can have my XMR paid out in a different crypto? If so how do I do that?

I've not been able to find anything explaining this.

Monero 6 years ago

I believe this means that I you do opt to have your funds transferred (in the coin minded) to an exchange (trading exchange) the pay out threshold is higher (1 XMR v 0,1 XMR).


The alternative would be to be paid into your own wallet and then make a transfer to your chosen exchange, obviously paying transaction fees yourself.


The distinguishing factor as far as I understand it is that addresses on exchanges differ from normal wallets in that they contain the exchange address as well as further information (can't remember the exact terminology) identifying yourself on the specific exchange.


Not entirely sure if that is hundred percent accurate but that's how I have understood it.

Under review
Oliver 6 years ago

That's correct.

Marvin Parsons 6 years ago

Thanks for the info.

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