Bitnbox Docs
Merchant Experience
Merchant Experience
  • Introduction
  • 🔮Overview
    • Getting Started with Bitnbox
    • Payments
      • TX Types & Payment Methods
      • Supported currencies and networks
      • Fees & Limits
      • Compliance
    • Bitnbox App
      • User Account
      • Merchant Dashboard
  • 🤝Help & Support
    • Glossary
    • FAQ
    • Case Sensitivity of Blockchain Addresses
    • Edge Cases
  • 📖Guides
    • API Key Set Up
    • Webhooks Set Up
    • API Glossary
    • Test Mode
    • Binance Pay
    • Create payment & make payout via API Reference
  • 💻API Reference
    • Payment
    • Payout
  • 🆕Changelog
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  • Transaction Types
  • Payment Methods
  • Payout Methods
  1. Overview
  2. Payments

TX Types & Payment Methods

Transaction Types

TX Type
Description
Supported By
Min Value
Max Value

Payment

Used to create invoices to receive payments. Expires in 15 minutes after creation.

  • API

5.00 USD

None

Payout

Used to send crypto from treasury to an external address.

  • API

  • App

5.00 USD

  • No maximum via API

  • 50,000 USD maximum via App (larger payouts require extra verification)

Payment Methods

Method
Description

Direct

On-chain transfer from one wallet (or exchange) to a unique, temporary payment address generated by Bitnbox. Requires specification of currency and network.

Binance Pay

Off-chain transfer of assets between Binance accounts. "Network" is not applicable.

Payout Methods

Method
Description

Direct

On-chain transfer from treasury to a web3 wallet. Requires specification of recipient's address, currency and network.

Binance Pay

Internal transfer of assets between Binance accounts. Requires specification of currency and recipient's Binance Pay ID.

PreviousPaymentsNextSupported currencies and networks

Last updated 3 months ago

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