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Payout Methods

Definition

The different ways prop firms transfer profits to traders — bank wire, crypto, Rise, PayPal, etc.

How It Works

Common payout methods include: bank wire transfer (most universal, 2-5 business days), cryptocurrency (Bitcoin, USDT, Ethereum — fast but volatile), Rise/Wise (popular digital wallet, fast international transfers), and PayPal (instant but higher fees). Some firms offer multiple options while others are limited to one or two.

Factors to consider: transfer speed, fees (some firms cover transfer costs, others don't), geographic availability (bank wires may not work in all countries), and minimum amounts per method.

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