Q: What is a Mass Payout?
A: A Mass Payout is a feature that allows businesses to send multiple cryptocurrency payments to various recipients simultaneously. This is particularly useful for payroll, affiliate commissions, and any other scenario where you need to make numerous payments at once.
Q: How does KUNA Pay’s Mass Payout feature work?
A: KUNA Pay’s Mass Payout feature lets you upload a list of recipients and the corresponding amounts to be paid in a single transaction. The system processes the payments automatically, ensuring that all recipients receive their funds quickly and securely.
Q: What cryptocurrencies are supported for Mass Payouts?
A: KUNA Pay supports a wide range of cryptocurrencies for Mass Payouts, including but not limited to Bitcoin (BTC), Ethereum (ETH), USDT, and other popular tokens. The list of supported cryptocurrencies may vary, so please check the latest information on our platform.
Q: What are the benefits of using Mass Payouts with KUNA Pay?
Q: How do I set up a Mass Payout?
A: To set up a Mass Payout, follow these steps:
Q: Are there any fees associated with Mass Payouts?
A: Yes, there are fees associated with processing Mass Payouts. You can find detailed fee information on our Pricing page or within your KUNA Pay account dashboard.
Q: Is there a limit to the number of recipients I can include in a Mass Payout?
A: Yes, you can include up to 500 recipients in a single Mass Payout. If you need to process payouts to more than 500 recipients, you will need to create multiple Mass Payout batches.
Q: How long does it take for recipients to receive their payments?
A: The time it takes for recipients to receive their payments can vary based on the cryptocurrency used and network conditions. Typically, payments are processed and received within minutes, but it may take longer during periods of high network congestion.
Q: Can I track the status of my Mass Payouts?
A: Yes, you can track the status of your Mass Payouts through the KUNA Pay dashboard. You will be able to see the progress of each payment and confirm once they have been successfully completed.
Q: What security measures are in place for Mass Payouts?
A: KUNA Pay employs advanced security measures, including encryption, multi-factor authentication, and continuous monitoring to protect your funds and data. Additionally, all transactions are recorded on the blockchain, providing a transparent and immutable record of all payouts.
Q: Who can I contact for support with Mass Payouts?
A: If you need assistance with Mass Payouts, our customer support team is here to help. You can reach out to us through the support section of your KUNA Pay account or by emailing support@kunapay.io
UAB Kuna Pro is registered as a crypto currency exchange operator and a crypto currency wallet operator and is authorized to provide virtual currency services in accordance with Lithuanian legislation.
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