What payout methods does CoinProp support?

CoinProp pays out in USDC. Learn which methods are available, how to set your wallet address, and what to know before requesting a payout.
Written by Team CoinProp
Updated 1 month ago

CoinProp pays out in USDC, on two networks:

  • USDC — ERC-20 (Ethereum network)
  • USDC — ARB (Arbitrum network)

Which network should I use?

ARB (Arbitrum) is recommended for most traders. Transaction fees on Arbitrum are significantly lower than on Ethereum, meaning more of your payout reaches your wallet.

ERC-20 (Ethereum) is widely supported across most wallets and exchanges but carries higher gas fees. Make sure your wallet supports the network you select before submitting your address.

Setting your wallet address

You add your USDC wallet address during the funded account activation process — before trading is enabled. Make sure you select the correct network when submitting your address. Sending on the wrong network may result in loss of funds — always confirm your wallet supports the network before submitting.

You can update your wallet address at any time in your dashboard. Changes may take a short time to be approved.

Important — crypto transfer risks

Cryptocurrency payouts are subject to conditions outside of CoinProp's control. These include but are not limited to network congestion, insufficient gas fees, smart contract issues, network restrictions related to sanctions or regulatory compliance, transaction ordering issues, or malicious third-party activity such as front-running.

No adjustments will be made to payouts for any fluctuation in the value of USDC between the time a payout is requested and the time it arrives in your wallet.

CoinProp processes payouts in good faith once eligibility is confirmed. Delays or issues arising from smart contracts and on-chain conditions are outside of our control.

Frequently asked questions

  1. Can I receive payouts in BTC or ETH? No. All payouts are processed in USDC only — on either the ERC-20 or Arbitrum network.
  2. Can I change my payout network after my funded account is activated? Yes. You can update your wallet address and network in your dashboard. Changes may take a short time to be approved.
  3. Can I use a different wallet address for each payout? Yes. You can update your wallet address and network at any time in your dashboard. 
  4. What happens if I provide the wrong wallet address? Funds sent to an incorrect wallet address cannot be recovered. Always double check your address before submitting or updating it. It is your responsibility to ensure the address and network are correct before submitting. CoinProp cannot be held responsible for funds sent to an incorrect address or network.
  5. How long does it take to receive my payout? Payouts are processed the same business day once your request is submitted and eligibility is confirmed. On-chain transfer times depend on network conditions.
  6. Is there a minimum payout amount? Yes. The minimum payout request is $50.
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