Transfer
The Transfer section includes two key components: Payout and Payout History. Together, these components help you manage and monitor your payouts, ensuring that you have full control over your account.
Last updated
Was this helpful?
The Transfer section includes two key components: Payout and Payout History. Together, these components help you manage and monitor your payouts, ensuring that you have full control over your account.
Last updated
Was this helpful?
The Payout feature allows you to initiate withdrawals from your AkashicPay account to external addresses. If you're planning to make a withdrawal, navigate to the Payout page and follow these steps:
Select Cryptocurrency: Begin by choosing the cryptocurrency you wish to withdraw from the available options.
Enter Recipient's Address: Carefully input the recipient's account address where you want to send the funds. Double-check the address to avoid any errors.
Specify the Amount: Enter the amount you want to withdraw.
View Actual Amount: After entering the amount, the system will automatically calculate and display the actual amount that will be transferred after deducting any applicable fees.
Important: Always verify the recipient's address carefully before initiating a payout. Blockchain transactions cannot be reversed once confirmed.
After clicking "Payout," the process continues with these verification steps:
Review Transaction Details: This is your opportunity to review all details of your withdrawal before finalising it. Carefully check:
Recipient's address
Selected cryptocurrency
Withdrawal amount
Confirm Transaction: If everything looks correct, click "Confirm" to proceed with the withdrawal.
This multi-step confirmation process adds an extra layer of security, helping prevent errors and ensuring that your funds are sent exactly where and how you intend.
When making a payout, keep in mind:
The displayed "Actual Amount" already accounts for transaction fees
Different networks (Ethereum, Tron) have different fee structures
The Payout History section provides a complete record of all your withdrawal transactions. This feature allows you to:
Track the status of your recent payouts (Pending, Completed, or Failed)
View detailed information about each withdrawal
Monitor the progress of pending transactions
Verify completed transactions
Investigate any failed withdrawal attempts
Each entry in the Payout History includes essential information such as:
Status
Current state of the transaction (Pending, Completed, Failed)
Network
The blockchain network used for the transaction
Currency
The type of cryptocurrency withdrawn
Payout Type
There are for 4 Payout Types: - SDK - Manual: Payout made through AkashicLink - Primary: Payout made through Primary KeyPair - Secondary: Payout made through Secondary KeyPair
From Address
L1 address
To Address
L1 address
Tx Hash (L1)
Transaction hash
Tx Hash (L2)
Transaction hash
Amount
The quantity of cryptocurrency sent
Fee
Fee for transaction
Created Time
This is the time that AkashicChain recieves the transaction
Confirm Time
This is time that AkashicChain finalises the transactions
This comprehensive transaction history helps you maintain accurate records of all your withdrawals for accounting and reconciliation purposes.
To optimize your experience with the AkashicPay Transfer section, consider these recommendations:
Double Verification: Always verify recipient addresses twice before confirming transfers
Test Transactions: For large transfers, consider sending a small test amount first
Record Keeping: Maintain external records of important withdrawal transactions
Network Selection: Be aware of the different fee structures and confirmation times across networks
Timing Consideration: Plan large withdrawals during periods of lower network congestion for potentially lower fees
AkashicLink Signature Request: You'll be directed to a Payout Confirmation signature request on your .
Confirmation Modal: After completing the signature process in the pop-up window, you will receive a confirmation modal indicating that your request has been successfully submitted.
withdrawals may incur higher fees than transactions
may vary based on network conditions
