Intermediate 7 min read

Crypto Payout Options

Cryptocurrency is becoming a legitimate payout option at prop firms. For traders in countries with limited banking infrastructure or strict capital controls, crypto can be the fastest and cheapest way to receive your profits.

Firms with Crypto Payouts

Firm	Crypto Options	Network	Min Payout
FTMO	BTC, ETH, USDT	Multiple	$100
FundedNext	USDT, USDC, BTC	TRC-20, ERC-20	$50
MyFundedFX	USDT, BTC	TRC-20	$100
FundingPips	USDT, USDC	TRC-20, ERC-20	$100
The 5%ers	BTC	Bitcoin main	$150

Which Crypto to Choose?

USDT (Tether)

Most popular. Pegged to USD so no price volatility. Use TRC-20 network for lowest fees ($1-2). Avoid ERC-20 ($5-15 fees).

⭐ Best for most traders

USDC

Similar to USDT but backed by Coinbase/Circle. Considered slightly safer than USDT. Also available on TRC-20 and ERC-20.

⭐ Safest stablecoin

Bitcoin (BTC)

More volatile but widely accepted. Best if you want to hold long-term. Higher network fees ($2-10). Lightning Network can reduce fees.

For HODLers only

Converting Crypto to Local Currency

Centralized Exchange (Binance, Bybit)

Best overall

Deposit USDT → sell for local currency → withdraw to bank. Fastest and cheapest for most countries. Fees: 0.1-0.5%.

P2P Trading

Best for restricted countries

Sell USDT directly to other users via Binance P2P or local platforms. Higher rates possible but more effort. Good for countries where exchanges don't support local withdrawal.

Hold as Crypto

Best for savings

Keep your payouts in USDT/USDC as a USD-equivalent savings. Convert only when you need local currency. Good inflation hedge for some countries.

Security tips:

• Always double-check the wallet address before sending
• Use TRC-20 network for USDT to save on fees
• Never share your private keys or seed phrases
• Start with a small test transfer first

Prefer traditional banking?

Check our Wise guide for the best traditional withdrawal method.

Wise Setup Guide