A Crypto Merchant Portal is a platform that allows businesses to accept and manage crypto payments. It enables merchants to receive payments in cryptocurrencies like Bitcoin or USDT, to convert them to fiat currencies, and to make mass payouts to multiple recipients.

Crypto payments provide fast transaction speeds, lower fees compared to traditional banking, and the ability to accept payments in numerous cryptocurrencies. The Merchant Portal allows businesses to make mass payouts in crypto with just one click. You can send crypto payments to hundreds of recipients simultaneously, saving time and reducing transaction fees.

Times taken to process transactions vary depending on the payment method and the type of payment being made. For cryptocurrency transactions, the duration depends on the number of network confirmations, which can vary by blockchain. For card payments, the deciding factor is the procedures of the receiving banks.

Yes, sanctions from bodies including international monetary authorities and the United Nations restrict the countries to which payments are possible. The list of sanctioned nations changes continually; WhiteBIT monitors these changes and can advise you on the countries excluded from our operations.

If a payment fails, the transaction will be marked with a "failed" status, and the funds will be returned to your balance.

Yes. For a single batch payout, WhiteBIT maintains a generous limit of 1,000 lines.

Mass payouts on the WhiteBIT platform are facilitated through our merchant portal, which ensures companies can quickly and easily make crypto payments to multiple recipients.

Easy steps:

1. Deposit crypto assets in your WhiteBIT account.

2. Access the WhiteBIT merchant portal.

3. Select the amount, the currency, and the beneficiaries.

4. Send payments to all wallets of your choice.

Yes, WhiteBIT meets and exceeds industry standards ensuring security in crypto mass payouts. Our platform employs a range of security measures, including: 

-advanced monitoring using web application firewalls (WAF) to detect and block hacker attacks​​; 

-rigorous adherence  to industry-standard regulations in the fields of anti-money laundering (AML) and “know your customer” KYC authentication , thus ensuring safe and compliant transactions​​;

-our ISO Certifications in data privacy management - ISO/IEC 27701:2019 and in information security management ISO/IEC 27001:2013 are your added guarantees for peace of mind.