Initiating a Payout

Overview

Payouts allow you to send cryptocurrency from your Basqet account to external wallet addresses. You can send funds to a single recipient or multiple recipients depending on your payout needs.

Basqet currently supports two payout approaches:

Single Transfer – Send funds to one beneficiary.
Bulk Transfer – Send funds to multiple beneficiaries in one transaction.

Payouts can be initiated directly from the Basqet Dashboard, while API-based payouts will be available soon.

Making a Single Payout (Dashboard)

Use this option when sending funds to one recipient.

Steps

Log in to your Basqet Dashboard
Navigate to Payout
Click Send

Select Single Transfer

Enter the required payout details:

Field	Description
Currency	Select the cryptocurrency you want to send
Recipient	Select an existing beneficiary or enter details for a new recipient
Amount	Enter the amount you want to send

Review the payout details and tick the confirm box

Confirm the payout to complete the transaction

Making a Bulk Payout (Dashboard)

Bulk payouts allow you to send funds to multiple beneficiaries in a single payout operation.

Steps

Log in to your Basqet Dashboard
Navigate to Payout
Click Send
Select Bulk Transfer

You will then have two options:

Option	Description
Select Bulk Beneficiaries	Choose recipients from previously uploaded beneficiary lists
Upload New List	Upload a new CSV file containing recipients and payout amounts

Select the beneficiaries you want to pay
The system automatically populates recipients and their payout amounts
Review the payment confirmation page showing recipients and transaction details
Confirm the payout to complete the transaction

Related Guides

Supported Currencies
Beneficiary Management