Crypto Payout

Definition

A Crypto Payout refers to the process of disbursing payments in the form of cryptocurrency instead of traditional fiat currency. This can apply to freelance work, employee salaries, customer refunds, or any other type of payment.

Context

Crypto Payouts offer an efficient, low-cost alternative for international payments, bypassing the fees and delays associated with traditional banking systems. They are becoming increasingly popular among businesses and individuals seeking flexibility and efficiency in their transactions. However, volatility in cryptocurrency values and regulatory considerations remain challenges for broader adoption.